ATS Automation

ATA-T

TSE:ATA

20.05
0.10 (0.50%)
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
BUY
BUY
November 9, 2012

Just reported earnings that were not as good as people had hoped. Bookings for last quarter were not as good as expected. Overall backlog is pretty good. Likes management.

ATS Automation (ATA-T)
November 9, 2012

Just reported earnings that were not as good as people had hoped. Bookings for last quarter were not as good as expected. Overall backlog is pretty good. Likes management.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$8.190
Owned
Yes
BUY
BUY
August 21, 2012

27 of 740 stocks in his database. Streamlining the company and working to get rid of solar side of business. Rather than making things that make things, they are trying to participate in the value add of the things they make. Looking at providing service rather than it being a one-time sale. He likes it. Backlogs are interesting. Good opportunity for the stock.

ATS Automation (ATA-T)
August 21, 2012

27 of 740 stocks in his database. Streamlining the company and working to get rid of solar side of business. Rather than making things that make things, they are trying to participate in the value add of the things they make. Looking at providing service rather than it being a one-time sale. He likes it. Backlogs are interesting. Good opportunity for the stock.

Robert McWhirter
President, Selective Asset Management
Price
$9.100
Owned
Yes
TOP PICK
TOP PICK
August 16, 2012

Sold off their division in France that went into bankruptcy so that will not drag on earnings. Their Ontario solar is now dragging on earnings. He can see this one doubling from here. Just had 20% revenue increase and 45% earnings increase.

ATS Automation (ATA-T)
August 16, 2012

Sold off their division in France that went into bankruptcy so that will not drag on earnings. Their Ontario solar is now dragging on earnings. He can see this one doubling from here. Just had 20% revenue increase and 45% earnings increase.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$8.800
Owned
Yes
COMMENT
COMMENT
June 4, 2012
Ranks in the top 5% of his database. Stock has dramatically turned itself around. Solar division has been sold off, which has reduced the losses. There is a broad description that manufacturing may be moving back into North America.
Ranks in the top 5% of his database. Stock has dramatically turned itself around. Solar division has been sold off, which has reduced the losses. There is a broad description that manufacturing may be moving back into North America.
Robert McWhirter
President, Selective Asset Management
Price
$8.130
Owned
Unknown
TOP PICK
TOP PICK
April 20, 2012
Chart is showing a nice consolidation during 2010 and 2011. Fundamentally it is looking really good. Coming up positive on all of his various scans that he does. Have a Stop around the $8.50 level.
ATS Automation (ATA-T)
April 20, 2012
Chart is showing a nice consolidation during 2010 and 2011. Fundamentally it is looking really good. Coming up positive on all of his various scans that he does. Have a Stop around the $8.50 level.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$9.950
Owned
Yes
TOP PICK
TOP PICK
April 17, 2012
He can see this at $20 plus. Sold their Photowatt factory in France. They have a record backlog now of $375 million. Expects tremendous upside. Good management.
ATS Automation (ATA-T)
April 17, 2012
He can see this at $20 plus. Sold their Photowatt factory in France. They have a record backlog now of $375 million. Expects tremendous upside. Good management.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$9.420
Owned
Yes
DON'T BUY
DON'T BUY
March 22, 2012
Sold last year. $4.60 book. Did a great job of rejigging the company. He is not a buyer here but the company is good and the company could go higher.
ATS Automation (ATA-T)
March 22, 2012
Sold last year. $4.60 book. Did a great job of rejigging the company. He is not a buyer here but the company is good and the company could go higher.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$8.700
Owned
No
COMMENT
COMMENT
February 16, 2012
Bankruptcy of their French photo op plant has been a major drag on their earnings. Hopefully that will be out of the way in the next 6 months. Can see this one being above $20 at some point.
ATS Automation (ATA-T)
February 16, 2012
Bankruptcy of their French photo op plant has been a major drag on their earnings. Hopefully that will be out of the way in the next 6 months. Can see this one being above $20 at some point.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$7.890
Owned
Yes
TOP PICK
TOP PICK
January 17, 2012
The only problem they have is the photo op operation in France. It has now gone into bankruptcy and they have taken huge write-offs on it. Thinks there will be more problems with it going forward. Management thinks that in the next 6 months it will be done. Have a tremendous backlog. Profitable after the write-downs. Potentially a $20 stock.
ATS Automation (ATA-T)
January 17, 2012
The only problem they have is the photo op operation in France. It has now gone into bankruptcy and they have taken huge write-offs on it. Thinks there will be more problems with it going forward. Management thinks that in the next 6 months it will be done. Have a tremendous backlog. Profitable after the write-downs. Potentially a $20 stock.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.310
Owned
Yes
DON'T BUY
DON'T BUY
January 13, 2012
Sold his holdings in early 2011. Good company and good management. The biggest problem was their solar panel division in France. Until they rectify this, he wouldn't buy.
ATS Automation (ATA-T)
January 13, 2012
Sold his holdings in early 2011. Good company and good management. The biggest problem was their solar panel division in France. Until they rectify this, he wouldn't buy.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$6.390
Owned
No
HOLD
HOLD
October 4, 2011
Had a much harder row to hoe than he expected. Still likes. He is hopeful that they'll off their solar unit before the end of the year. This plan has been in the making for a couple of years now and it looks like they are closer to a final solution. Hopefully there will be some traction when the economy improves. Target price of $20+.
ATS Automation (ATA-T)
October 4, 2011
Had a much harder row to hoe than he expected. Still likes. He is hopeful that they'll off their solar unit before the end of the year. This plan has been in the making for a couple of years now and it looks like they are closer to a final solution. Hopefully there will be some traction when the economy improves. Target price of $20+.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.000
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 15, 2011
(Top Pick Jul 13/10, Up 28.82%) Largest holding in portfolio (10%). Seems to finally be in turnaround mode. Revenues skyrocketed last quarter. Still have to clean up problems in photo division.
(Top Pick Jul 13/10, Up 28.82%) Largest holding in portfolio (10%). Seems to finally be in turnaround mode. Revenues skyrocketed last quarter. Still have to clean up problems in photo division.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$8.030
Owned
Yes
HOLD
HOLD
June 17, 2011
Chart shows a huge symmetrical triangle for about 1.5 years across. This is basically a gunfight between bulls and bears. There has been a breakout on the upside, which is very bullish.
Chart shows a huge symmetrical triangle for about 1.5 years across. This is basically a gunfight between bulls and bears. There has been a breakout on the upside, which is very bullish.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$7.250
Owned
Unknown
HOLD
HOLD
April 25, 2011
Currently trading at about where he bought it. Hasn’t done much for him over the couple of years he has had it. Turning around but they have their solar unit that is hurting them and until they sell this it will be difficult for them. He has a target price of $22.
ATS Automation (ATA-T)
April 25, 2011
Currently trading at about where he bought it. Hasn’t done much for him over the couple of years he has had it. Turning around but they have their solar unit that is hurting them and until they sell this it will be difficult for them. He has a target price of $22.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.990
Owned
Yes
BUY
BUY
March 2, 2011
Having difficulties with solar operation. If they spin it off there are all kinds of questions about what shareholders will receive. As economy recovers it is a real bell weather. Longer term it should do well. It remains on his buy list.
Having difficulties with solar operation. If they spin it off there are all kinds of questions about what shareholders will receive. As economy recovers it is a real bell weather. Longer term it should do well. It remains on his buy list.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.990
Owned
Unknown
Showing 46 to 60 of 153 entries