HOLD
ATS Automation
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

ATS is an industry-leading automation solutions provider to many of the world's most successful companies. It uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products, and value-added services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, transportation, consumer products, and energy. Founded in 1978, ATS employs over 6,000 people at more than 50 manufacturing facilities and over 75 offices in North America, Europe, Southeast Asia, and China.Results for the 2nd quarter ended October 2, 2022, were not spectacular. While revenues at $588.9 million were up 12.8 % over the comparable prior year period, net earnings at $29.5 million were basically flat due largely to higher finance costs ($6.2 million, to finance the acquisition of SP) and income taxes ($3.1 million). Adjusted EBITDA at $88.8 million was up 6.6%. Cash at the end of the quarter amounted to $95.2 million after utilizing $44.7 million during the period primarily due to changes in non-cash working capital. The debt-equity ratio is 1.26. With a large backlog ($1.8 billion), established operations and markets as well as experienced management ATS should find opportunities ahead.
Unlock Premium - Try 5i Free

misc industrial products
BUY
ATS Automation

Great chart. 
Good time to buy.
Would suggest buying.

misc industrial products
TOP PICK
ATS Automation

Machinery companies are doing well and automation is here to stay. Has sold equipment to companies like Amazon. Its business is also in health care, consumer products and now EV. It also benefits from the re-shoring of manufacturing in North America.

(Analysts’ price target is $64.67)
misc industrial products
BUY ON WEAKNESS
ATS Automation

Good Canadian company.
Will perform well over the long term.
Has out performed the market the past few years.
Automation demand growing. 
Multiples a little high, but deserves success.

misc industrial products
DON'T BUY
ATS Automation
Not recession-tested yet. Earnings excellent quarter after quarter. Theme of reshoring is powerful and will benefit. Price to growth looks good. Only issue is recession or supply chain inflation. Better opportunities out there.
misc industrial products
BUY
ATS Automation
Is well-positioned as wages keep rising and there are staffing shortages. Has a sound balance sheet. Has enjoyed a recent upgrade. Good for the long term, and defensive in the short term.
misc industrial products
HOLD
ATS Automation
A core position. Management executes exceptionally well. Record backlog, which should support margins and earnings for the next few quarters. Cheap multiple compared to US peers. In the sweet spot.
misc industrial products
HOLD
ATS Automation

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Long-term demand for automation. Operates in a cyclical business. Heavier exposure to non-cyclical segments. Diverse supply base. Unlock Premium - Try 5i Free

misc industrial products
PAST TOP PICK
ATS Automation
(A Top Pick Aug 19/21, Up 3%) He'd buy here. Companies are spending money to cut their costs through automation. This year, earnings will be up sharply, and up 80% for 2023. Industrial area should do well in the next cycle. Fundamentally attractive, technically behaving as it should.
misc industrial products
WAIT
ATS Automation
Great company. Decent growth rate. Priced well. Good balance sheet. In no man's land right now. Technically, it had a great run. With all the erosion in the market, more interesting places to put capital and get immediately rewarded.
misc industrial products
BUY ON WEAKNESS
ATS Automation
Recent earnings very strong. Management navigating supply issues well. Stock trading multiples and active share buybacks. Modelling 92% EPS growth rate. Balance sheet has a fair amount of debt.
misc industrial products
HOLD
ATS Automation

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is sensitive to broad economic growth and is likely why the shares are dragging down. Trading at 16x forward earnings and good growth is expected. Risks are most likely already priced in. Cost pressures and slowdowns are possible, but many companies, including ATA will manage through them. Unlock Premium - Try 5i Free

misc industrial products
BUY ON WEAKNESS
ATS Automation

Recent selloff on stock has created buying opportunity. As Covid-19 passes, business will be well positioned. Automation services will be highly valued going forward.

misc industrial products
PAST TOP PICK
ATS Automation
(A Top Pick Mar 12/21, Up 75%) Earnings beat by 18%. Had a big move so sold half. Trades at a higher P/E now and maybe not as much growth ahead.
misc industrial products
BUY
ATS Automation

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is up more than 100% in the past year. It has slightly declined but it is more on sell on news right now. EPS estimates beat last quarter. Backlog is nearly $1.5B and sales are climbing 48%. A solid quarter. Unlock Premium - Try 5i Free

misc industrial products
Showing 1 to 15 of 181 entries

ATS Automation(ATS-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

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(ATS-T) Frequently Asked Questions

What is ATS Automation stock symbol?

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

Is ATS Automation a buy or a sell?

In the last year, 10 stock analysts published opinions about ATS-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

10 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 2023-05-26, ATS Automation (ATS-T) stock closed at a price of $59.28.