ATS Automation

ATA-T

TSE:ATA

19.95
0.45 (2.31%)
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 5, 2018

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

William Chin
Portfolio manager, Caldwell Investment Management
Price
$20.040
Owned
Yes
TOP PICK
TOP PICK
June 5, 2018

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

William Chin
Portfolio manager, Caldwell Investment Management
Price
$20.040
Owned
Yes
COMMENT
COMMENT
May 22, 2018

This is his second biggest holding. He bought it as low as $4 and change. He won’t be buying more at this price but people who buy under a different system, such as a momentum system, might find this attractive. This had a solar arm, which was one of the reasons he bought the company. Unfortunately, it didn’t work out and they had to sell it off. There is a new CEO now who he likes very much.

This is his second biggest holding. He bought it as low as $4 and change. He won’t be buying more at this price but people who buy under a different system, such as a momentum system, might find this attractive. This had a solar arm, which was one of the reasons he bought the company. Unfortunately, it didn’t work out and they had to sell it off. There is a new CEO now who he likes very much.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$20.110
Owned
Yes
TOP PICK
TOP PICK
March 19, 2018

This company helps customer to automate their processes to help them be more competitive. It has a new CEO who is very focused on execution. The market believes they will increase profit margins by 5%. They also have a pipeline of acquisitions. The stock now has momentum. Yield 0%. (Analysts’ price target is $18.70 )

ATS Automation (ATA-T)
March 19, 2018

This company helps customer to automate their processes to help them be more competitive. It has a new CEO who is very focused on execution. The market believes they will increase profit margins by 5%. They also have a pipeline of acquisitions. The stock now has momentum. Yield 0%. (Analysts’ price target is $18.70 )

William Chin
Portfolio manager, Caldwell Investment Management
Price
$17.820
Owned
Yes
COMMENT
COMMENT
December 8, 2017

Has a Sell target of $21+, but wonders if he has overvalued where it can go. He’s happy to continue holding.

ATS Automation (ATA-T)
December 8, 2017

Has a Sell target of $21+, but wonders if he has overvalued where it can go. He’s happy to continue holding.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$15.760
Owned
Yes
DON'T BUY
DON'T BUY
September 8, 2016

They did a nice job in the last 5 years in reinventing themselves. 16% return on capital. But it is hard to justify the price at this point.

ATS Automation (ATA-T)
September 8, 2016

They did a nice job in the last 5 years in reinventing themselves. 16% return on capital. But it is hard to justify the price at this point.

Matt Kacur
President, FSA Financial Science and Art
Price
$10.920
Owned
Unknown
COMMENT
COMMENT
September 7, 2016

When he looks across the automation value chain, there are a lot of really fascinating things happening. When you look at what robotics are able to do, it is an area that he thinks is going to greatly surprise people over the long-term. However, he didn’t feel this company was in the part of the value chain that he wanted to be in. There are some very interesting European, Japanese and American companies that have a little more of a moat around their business.

ATS Automation (ATA-T)
September 7, 2016

When he looks across the automation value chain, there are a lot of really fascinating things happening. When you look at what robotics are able to do, it is an area that he thinks is going to greatly surprise people over the long-term. However, he didn’t feel this company was in the part of the value chain that he wanted to be in. There are some very interesting European, Japanese and American companies that have a little more of a moat around their business.

Stephen Groff
Principal & Portfolio Manager, Cambridge Global Asset Management
Price
$10.910
Owned
No
COMMENT
COMMENT
July 5, 2016

He has just started buying this. It fits in his theme that he thinks will play out over the coming months and years, the repatriation of industrial production back into Western economies. This company runs a pretty good consulting business for automating and manufacturing businesses.

He has just started buying this. It fits in his theme that he thinks will play out over the coming months and years, the repatriation of industrial production back into Western economies. This company runs a pretty good consulting business for automating and manufacturing businesses.

Daniel Lloyd
Portfolio Manager, Forge First Asset Management
Price
$9.530
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 11, 2015

(A Top Pick Nov 18/14. Down 16.91%.) A very good company and it is in the right space. Industrials performed horribly in 2015.

ATS Automation (ATA-T)
December 11, 2015

(A Top Pick Nov 18/14. Down 16.91%.) A very good company and it is in the right space. Industrials performed horribly in 2015.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$11.880
Owned
No
COMMENT
COMMENT
September 18, 2015

Helps optimize manufacturing processes for companies. The stock is moving in an upward trend. 43% of revenues come from the US. Expects you will see a good 15%-25% upside from here.

ATS Automation (ATA-T)
September 18, 2015

Helps optimize manufacturing processes for companies. The stock is moving in an upward trend. 43% of revenues come from the US. Expects you will see a good 15%-25% upside from here.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$13.120
Owned
Unknown
TOP PICK
TOP PICK
March 16, 2015

There is this pickup in the global trend of manufacturing automation. Trades slightly cheaper than Rockwell, for example. As we see global production picking up they will do well here. Estimates have been reset over the last quarter here and so the company has more attainable growth estimates now. There is organic as well as margin growth possible here.

ATS Automation (ATA-T)
March 16, 2015

There is this pickup in the global trend of manufacturing automation. Trades slightly cheaper than Rockwell, for example. As we see global production picking up they will do well here. Estimates have been reset over the last quarter here and so the company has more attainable growth estimates now. There is organic as well as margin growth possible here.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$13.710
Owned
Yes
COMMENT
COMMENT
February 3, 2015

They have done a couple of takeovers. The backlog before the takeovers is at 56% year-over-year, but if you include the takeovers, the backlog is about 96% going forward. The biggest negative on this is that they have taken on quite a bit of debt for the 2 takeovers. Interest rates are low, so hopefully it won’t harm them as much when rates go up. He has a target price of better than $22.

ATS Automation (ATA-T)
February 3, 2015

They have done a couple of takeovers. The backlog before the takeovers is at 56% year-over-year, but if you include the takeovers, the backlog is about 96% going forward. The biggest negative on this is that they have taken on quite a bit of debt for the 2 takeovers. Interest rates are low, so hopefully it won’t harm them as much when rates go up. He has a target price of better than $22.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$14.740
Owned
Yes
TOP PICK
TOP PICK
November 18, 2014

Automation, and as companies globally are trying to be more productive, they are turning to technology, and manufacturing companies are turning to automation. For Canadians, this is a great way to get exposure to that growing trend of automation. Started to focus more and more on service revenue, which is stickier and higher-margin, so they are going to do quite well here. The trend catalyst for the stock is M&A. Free cash flow is good. Leverage is at 2.9 times and will come down through this period of industrial production. It's getting a fair bit of revenue from overseas. This is one of the smaller players, so there is a bit of risk to it.

ATS Automation (ATA-T)
November 18, 2014

Automation, and as companies globally are trying to be more productive, they are turning to technology, and manufacturing companies are turning to automation. For Canadians, this is a great way to get exposure to that growing trend of automation. Started to focus more and more on service revenue, which is stickier and higher-margin, so they are going to do quite well here. The trend catalyst for the stock is M&A. Free cash flow is good. Leverage is at 2.9 times and will come down through this period of industrial production. It's getting a fair bit of revenue from overseas. This is one of the smaller players, so there is a bit of risk to it.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$14.400
Owned
Yes
BUY
BUY
November 17, 2014

The back log increased by 50%. The top brass it too well rewarded and were selling in the past, but not so much recently.

ATS Automation (ATA-T)
November 17, 2014

The back log increased by 50%. The top brass it too well rewarded and were selling in the past, but not so much recently.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$14.380
Owned
Yes
HOLD
HOLD
November 6, 2014

Well run company. It had some notable troubles in the past. Things are improving. The most recent quarter was strong with increased booking and earnings. They export a number of products outside of the country so benefit from the weaker dollar.

ATS Automation (ATA-T)
November 6, 2014

Well run company. It had some notable troubles in the past. Things are improving. The most recent quarter was strong with increased booking and earnings. They export a number of products outside of the country so benefit from the weaker dollar.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$14.470
Owned
No
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