ATS Automation

ATA-T

TSE:ATA

17.13
0.20 (1.18%)
ATS Automation Tooling Systems is a Cambridge, Ontario based Canadian company which designs and builds factory automation solutions.
More at Wikipedia

Analysis and Opinions about ATA-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
June 3, 2020
Robot factories and processes. On-shoring and building new plants will create good opportunities for them. They are quite undervalued to their peers and have a great cash flow profile. They have been involved in developing COVID-19 testing kits. Yield 0% (Analysts’ price target is $25.42)
Show full opinionHide full opinion
Robot factories and processes. On-shoring and building new plants will create good opportunities for them. They are quite undervalued to their peers and have a great cash flow profile. They have been involved in developing COVID-19 testing kits. Yield 0% (Analysts’ price target is $25.42)
PAST TOP PICK
PAST TOP PICK
January 27, 2020
(A Top Pick Feb 05/19, Up 28%) They are automating their factories more. It has grown pretty aggressively in the health care sector. That business is not dependent on the economy. It is trading at a discount to some of its peers.
Show full opinionHide full opinion
ATS Automation (ATA-T)
January 27, 2020
(A Top Pick Feb 05/19, Up 28%) They are automating their factories more. It has grown pretty aggressively in the health care sector. That business is not dependent on the economy. It is trading at a discount to some of its peers.
PAST TOP PICK
PAST TOP PICK
October 15, 2019
(A Top Pick Feb 27/19, Down 6%) They're hurt by weakening European growth. He's not super-worried though, but has trimmed his position. He's bullish about the automation sector in general, so he's staying in ATS. Automation will be key in the future. Expect a few bumpy quarters.
Show full opinionHide full opinion
ATS Automation (ATA-T)
October 15, 2019
(A Top Pick Feb 27/19, Down 6%) They're hurt by weakening European growth. He's not super-worried though, but has trimmed his position. He's bullish about the automation sector in general, so he's staying in ATS. Automation will be key in the future. Expect a few bumpy quarters.
PAST TOP PICK
PAST TOP PICK
August 1, 2019
(A Top Pick Jul 24/18, Up 14%) They make automation processes to assist companies improve their production efficiency. Earnings continue to show good growth. Sales up 17%. PE of 20 times. ROE is reasonable. He no longer owns the stock.
Show full opinionHide full opinion
ATS Automation (ATA-T)
August 1, 2019
(A Top Pick Jul 24/18, Up 14%) They make automation processes to assist companies improve their production efficiency. Earnings continue to show good growth. Sales up 17%. PE of 20 times. ROE is reasonable. He no longer owns the stock.
HOLD
HOLD
July 22, 2019
It's historically been expensive, but not now. They're executing well and just bought a company in Italy. They have robust back orders. Hold, if you own it, but keep an eye on their next report. They bounced back with a good quarter recently after a new CEO came onboard. Has a good shareholder base, which will limit knee-jerk stock reactions.
Show full opinionHide full opinion
It's historically been expensive, but not now. They're executing well and just bought a company in Italy. They have robust back orders. Hold, if you own it, but keep an eye on their next report. They bounced back with a good quarter recently after a new CEO came onboard. Has a good shareholder base, which will limit knee-jerk stock reactions.
PAST TOP PICK
PAST TOP PICK
April 12, 2019
(A Top Pick Jul 24/18, Up 8%) He continues to rank it highly although he no longer owns it.
Show full opinionHide full opinion
ATS Automation (ATA-T)
April 12, 2019
(A Top Pick Jul 24/18, Up 8%) He continues to rank it highly although he no longer owns it.
SELL STRENGTH
SELL STRENGTH
March 11, 2019
He'd sell around $20 if it breaks through which looks quite possible. In tech analysis, a stock has to break through a new level.
Show full opinionHide full opinion
ATS Automation (ATA-T)
March 11, 2019
He'd sell around $20 if it breaks through which looks quite possible. In tech analysis, a stock has to break through a new level.
TOP PICK
TOP PICK
February 27, 2019
They make automation systems and robotics for manufacturing in autos and biopharma. ATS need to create a recurring revenue stream from that. So, this new CEO is creating that and this should raise earnings. (Analysts’ price target is $23.25)
Show full opinionHide full opinion
ATS Automation (ATA-T)
February 27, 2019
They make automation systems and robotics for manufacturing in autos and biopharma. ATS need to create a recurring revenue stream from that. So, this new CEO is creating that and this should raise earnings. (Analysts’ price target is $23.25)
COMMENT
COMMENT
February 8, 2019
It gapped higher at $17 following earnings, but hit its 200-day moving average and now going lower. Be cautious here long-term. Feb-July is its seasonality.
Show full opinionHide full opinion
ATS Automation (ATA-T)
February 8, 2019
It gapped higher at $17 following earnings, but hit its 200-day moving average and now going lower. Be cautious here long-term. Feb-July is its seasonality.
TOP PICK
TOP PICK
February 5, 2019
Poor Q3 pressured the stock, but sees secular growth in warehouse automation, healthcare equipment and e-cars (to do the automation in those factories). A healthy balance sheet. They just announced an acqusition; he expects more M&A to drive growth. Trading at a low multiple vs. history and peers. Good value here. (Analysts’ price target is $23.25)
Show full opinionHide full opinion
ATS Automation (ATA-T)
February 5, 2019
Poor Q3 pressured the stock, but sees secular growth in warehouse automation, healthcare equipment and e-cars (to do the automation in those factories). A healthy balance sheet. They just announced an acqusition; he expects more M&A to drive growth. Trading at a low multiple vs. history and peers. Good value here. (Analysts’ price target is $23.25)
BUY
BUY
February 5, 2019
Long history in Canada. Very sensitive to the economic cycle. Now that recession has been put off, it's at a better entry level. Has been a very expensive stock. New management made complementary, but expensive, acquisitions. Given the pullback, he'd be inclined to buy. Well run, and deserves its high multiple. In choppy markets, it will be one of the first to sell off.
Show full opinionHide full opinion
ATS Automation (ATA-T)
February 5, 2019
Long history in Canada. Very sensitive to the economic cycle. Now that recession has been put off, it's at a better entry level. Has been a very expensive stock. New management made complementary, but expensive, acquisitions. Given the pullback, he'd be inclined to buy. Well run, and deserves its high multiple. In choppy markets, it will be one of the first to sell off.
WEAK BUY
WEAK BUY
November 27, 2018
They got smacked when they missed their quarter. He's long ATS. It does well counter-cyclically, which means as we head towards a rougher economy, this tends to perform better. He believes management will turn this around. This could be a defensive name as he heads towards a rocky economy.
Show full opinionHide full opinion
ATS Automation (ATA-T)
November 27, 2018
They got smacked when they missed their quarter. He's long ATS. It does well counter-cyclically, which means as we head towards a rougher economy, this tends to perform better. He believes management will turn this around. This could be a defensive name as he heads towards a rocky economy.
BUY
BUY
November 15, 2018
Well-valued after coming off a sharp sell-off. One segment they deal in is a strong growth segment. It's a good time to enter this.
Show full opinionHide full opinion
ATS Automation (ATA-T)
November 15, 2018
Well-valued after coming off a sharp sell-off. One segment they deal in is a strong growth segment. It's a good time to enter this.
BUY
BUY
September 13, 2018

They do tooling for factories. Manufacturing is moving to e-vehicles and more automation in factories. ATS can do this. Backlog is growing and just bought a company today. High valuation. Sound strategy. He has a 5-year timeline for ATS. Things are playing out well for them. Likes it.

Show full opinionHide full opinion
ATS Automation (ATA-T)
September 13, 2018

They do tooling for factories. Manufacturing is moving to e-vehicles and more automation in factories. ATS can do this. Backlog is growing and just bought a company today. High valuation. Sound strategy. He has a 5-year timeline for ATS. Things are playing out well for them. Likes it.

BUY
BUY
August 28, 2018

This is one of his biggest positions. They report growth quarter after quarter. They were a challenged company but they changed management, changed focus to health care sector and cleaned up the balance sheet. They have no net debt. The stock has had a big run-up but the fundamentals have been going up at least as fast. It trades at a discount to US peers even though it has a much better balance sheet. It trades at about 12x EBITDA and peers trade in the mid-teens.

Show full opinionHide full opinion
ATS Automation (ATA-T)
August 28, 2018

This is one of his biggest positions. They report growth quarter after quarter. They were a challenged company but they changed management, changed focus to health care sector and cleaned up the balance sheet. They have no net debt. The stock has had a big run-up but the fundamentals have been going up at least as fast. It trades at a discount to US peers even though it has a much better balance sheet. It trades at about 12x EBITDA and peers trade in the mid-teens.

Showing 1 to 15 of 155 entries

ATS Automation(ATA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for ATS Automation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

ATS Automation(ATA-T) Frequently Asked Questions

What is ATS Automation stock symbol?

ATS Automation is a Canadian stock, trading under the symbol ATA-T on the Toronto Stock Exchange (ATA-CT). It is usually referred to as TSX:ATA or ATA-T

Is ATS Automation a buy or a sell?

In the last year, 2 stock analysts published opinions about ATA-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for ATS Automation.

Is ATS Automation a good investment or a top pick?

ATS Automation was recommended as a Top Pick by James Telfser on 2020-06-03. Read the latest stock experts ratings for ATS Automation.

Why is ATS Automation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is ATS Automation worth watching?

2 stock analysts on Stockchase covered ATS Automation In the last year. It is a trending stock that is worth watching.

What is ATS Automation stock price?

On 2020-09-25, ATS Automation (ATA-T) stock closed at a price of $17.13.