ATS Automation

ATA-T

TSE:ATA

20.16
0.00 (0.00%)
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
HOLD
HOLD
February 18, 2011
Good company but one of its divisions, Photoaut (?) out of France is hurting so they are stuck. Likes management. Not expensive. Will be a work in progress.
ATS Automation (ATA-T)
February 18, 2011
Good company but one of its divisions, Photoaut (?) out of France is hurting so they are stuck. Likes management. Not expensive. Will be a work in progress.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$6.780
Owned
Yes
HOLD
HOLD
November 24, 2010
2 business including automation systems business and solar. She attributes no value to the latter. She’ll continue to Hold for 2 quarters in hopes the economy will bring them back on side.
ATS Automation (ATA-T)
November 24, 2010
2 business including automation systems business and solar. She attributes no value to the latter. She’ll continue to Hold for 2 quarters in hopes the economy will bring them back on side.
Lesley Marks
Vice President & Portfolio Manager, Jones Heward Investment Counsel
Price
$6.260
Owned
Yes
BUY
BUY
November 11, 2010
Recent earnings were disappointing to a lot of people. Made money, but not much. Looking to sell their solar division. Good management.
ATS Automation (ATA-T)
November 11, 2010
Recent earnings were disappointing to a lot of people. Made money, but not much. Looking to sell their solar division. Good management.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.070
Owned
Yes
TOP PICK
TOP PICK
July 13, 2010
Problem is that their revenues fell off last year. But they managed stay profitable until this last quarter. But it was a write off due to silicon. CEO knows what he is doing. Positioning it for growth. Has a lot of faith in him. Could see a triple.
Problem is that their revenues fell off last year. But they managed stay profitable until this last quarter. But it was a write off due to silicon. CEO knows what he is doing. Positioning it for growth. Has a lot of faith in him. Could see a triple.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.350
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 13, 2010
(A Top Pick May 1/09. Up 62.5%.) Good management. Revenues went down above 40% in the last quarter. Think they can triple from this level. Still a Buy.
(A Top Pick May 1/09. Up 62.5%.) Good management. Revenues went down above 40% in the last quarter. Think they can triple from this level. Still a Buy.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$7.150
Owned
Yes
BUY
BUY
April 5, 2010
Started buying because of the solar division. They are possibly looking to sell their solar division. Likes the management. Think they have a long way to go. As the economy returns it would not surprise him to see it go over $20.
Started buying because of the solar division. They are possibly looking to sell their solar division. Likes the management. Think they have a long way to go. As the economy returns it would not surprise him to see it go over $20.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$7.580
Owned
Unknown
BUY
BUY
March 3, 2010
Occupies a prominent place in his president’s portfolio. A favorite and a contrarian pick. It is a serial disappointer. Global trade fell off a cliff last year and this hit ATS but they were still making money so that tells him they can size operations and workforce. If you believe this economic recovery is going to get some traction then it is well leveraged to that and will do well. A long term hold for him.
Occupies a prominent place in his president’s portfolio. A favorite and a contrarian pick. It is a serial disappointer. Global trade fell off a cliff last year and this hit ATS but they were still making money so that tells him they can size operations and workforce. If you believe this economic recovery is going to get some traction then it is well leveraged to that and will do well. A long term hold for him.
Ben Stadelmann
Vice President, Contra the Heard
Price
$6.870
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 15, 2010
(A Top Pick Jan 5/09. Up 60%.) Sold his holdings and took a slight loss. Wouldn't be surprised to see this go to at least $9 before the summer and potentially $10 before year-end. If you own, get out if it drops below $7.80.
ATS Automation (ATA-T)
January 15, 2010
(A Top Pick Jan 5/09. Up 60%.) Sold his holdings and took a slight loss. Wouldn't be surprised to see this go to at least $9 before the summer and potentially $10 before year-end. If you own, get out if it drops below $7.80.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$8.220
Owned
No
BUY
BUY
October 22, 2009
Likes management. Cut a lot of costs and increased revenues. Plan to do some solar work in Ontario. They have debt under control. He has a lot of confidence in this company. This quarter will not be that good because the backlog is down. He’s comfortable with this one. As things recover they can do well.
ATS Automation (ATA-T)
October 22, 2009
Likes management. Cut a lot of costs and increased revenues. Plan to do some solar work in Ontario. They have debt under control. He has a lot of confidence in this company. This quarter will not be that good because the backlog is down. He’s comfortable with this one. As things recover they can do well.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.600
Owned
Unknown
TOP PICK
TOP PICK
May 1, 2009
Auto Industry but they have been going through a tremendous turn around. They are also in the solar industry. Backlog is up. They are profitable now.
Auto Industry but they have been going through a tremendous turn around. They are also in the solar industry. Backlog is up. They are profitable now.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.370
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 1, 2009
(A Top Pick Oct 9/08. Down 19.2%.) Had a nice quarter and is showing good backlog. Auto industry is certainly a negative but companies seem to be right sizing the workforce and staying ahead of the curve. Good management and not over leveraged.
(A Top Pick Oct 9/08. Down 19.2%.) Had a nice quarter and is showing good backlog. Auto industry is certainly a negative but companies seem to be right sizing the workforce and staying ahead of the curve. Good management and not over leveraged.
Ben Stadelmann
Vice President, Contra the Heard
Price
$3.560
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 12, 2009
(A Top Pick Jan 25/08. Down 20.7%.) Revenues went up 47%. Earned about $60 million in the last quarter compared to losing $14 million a year ago. Very well run. Still a Buy.
ATS Automation (ATA-T)
January 12, 2009
(A Top Pick Jan 25/08. Down 20.7%.) Revenues went up 47%. Earned about $60 million in the last quarter compared to losing $14 million a year ago. Very well run. Still a Buy.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.650
Owned
Yes
TOP PICK
TOP PICK
January 5, 2009
Fairly diverse manufacturing including solar. Doing a raise now of $50 million. If that goes well, he would have a $6-$7 target price on it. Use a $4.50 Stop.
ATS Automation (ATA-T)
January 5, 2009
Fairly diverse manufacturing including solar. Doing a raise now of $50 million. If that goes well, he would have a $6-$7 target price on it. Use a $4.50 Stop.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$5.100
Owned
Yes
TOP PICK
TOP PICK
October 9, 2008
Doing well in turn around mode. Very, very good price. Did not execute well in the past in solar and now pulling up their socks. Sill exposed to auto industry and could hurt but if anyone needs to re-tool, it’s the auto industry.
ATS Automation (ATA-T)
October 9, 2008
Doing well in turn around mode. Very, very good price. Did not execute well in the past in solar and now pulling up their socks. Sill exposed to auto industry and could hurt but if anyone needs to re-tool, it’s the auto industry.
Ben Stadelmann
Vice President, Contra the Heard
Price
$4.370
Owned
Yes
TOP PICK
TOP PICK
October 8, 2008
Great multiple and great company. New management came in last November. This is a turnaround situation. Far sooner than people expected.
ATS Automation (ATA-T)
October 8, 2008
Great multiple and great company. New management came in last November. This is a turnaround situation. Far sooner than people expected.
Don Lato
President, Padlock Investment Management
Price
$4.740
Owned
Yes
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