ATS Automation Tooling Systems (ATS-T)

Rolled over and he got stopped out. Wasn't making higher highs and higher lows, no longer in an uptrend. In your portfolio, you have to quickly carve out the ones that aren't working before they hurt you.

Struggling. The best we can say is that the chart seems finally to be stabilizing. Hard to say whether it needs a washout before the downtrend is over. Trying to bottom, but hasn't picked up yet.

When you ask yourself what could happen, technicians look at a 50% retracement, where a stock would give up half of the move. So, if you went from $15 to $60, that's a $45 gain. Half of that is $22.50. The high of $60 - $22.50 brings you to $37.50, which is close to the 2022 lows.

Has sold shares in this business. Sold out at $55. Appears to be recovering. Will take time to tell future of business. Wait and see. 

Investors are still fretting about the decline in the backlog, and then its largest shareholder compounded problems by selling a large block of shares. We would remain a HOLD at the current (cheap) valuation and reference this recent answer. We might start picking away with more at the $42 level in any further declines. 
Unlock Premium - Try 5i Free

A long-term compounder, a top performer, but ATS is not easy to understand. They buy tech and manufacturer companies. IS concern that EV sales are flopping, but the PE of ATS looks attractive. Would look at during a pullback.

Lots of contracts in last year that were EV-related. Recently, EV sales slowed. Market got worried, stock came down. Yesterday, largest shareholder offloaded stock. Good time to buy in mid-high $40s, EVs aren't going away. Probably just delays, no cancellations. Accretive acquisitions in life sciences, which are high margin.

Current valuation a little high - but is a quality business (~13% ROE). Strong brand name is a good long term investment. 

Impressive global reach. Improves line speed and yield in manufacturing. Maintenance contracts, too. Less profitable than markets. Leveraged balance sheet. Trades at a premium of 20x vs. market at 15x. No dividend. Better ideas out there.

AI is a really hot theme that's being chased. Operating fundamentals not as strong as he would have thought, in terms of profit margins, ROC and free cashflow. Avoid. Better businesses out there. Better way to play is through chips or sensors, such as TSM or TEL. 

Automation is here to stay. They have great experience and lots of opportunities.

Strong business with automation business. Good for long term investors. Current share price a good place to buy. Expecting 29% growth rate for the next few years. Good time to buy. 

Likes it, but always looks so expensive. Fairly good recurring revenue. Margins have held up well. Not bad for growth. PE of 35x, price to book of 3.5x, expensive.

ATS share price has been under pressure recently along with the broad market, as the market sentiment factors in the scenario that interest rates may stay higher for longer, which not only impacts growth in orders for industrial space such as ATS, but also the valuation multiple that investors are willing to pay for high-growth name such as ATS. Having said that, ATS’s valuation is still attractive, in our view. ATS has been well-run over the years, and it has a decent backlog and fairly visible growth. Its recent acquisitions also look good. 'Future' orders might be impacted in a recession, but we would say that pretty much anytime.
Unlock Premium - Try 5i Free

It designs, makes and installs automatic manufacturing systems globally and has a huge backlog. It is well known in the life sciences field which is a big part of its business. It also has a specialized battery division, is involved with nuclear reactors, consumer products, transportation, etc. It is M&A driven and makes selective acquisitions.