ATS Automation Tooling Systems Inc. (TSE:ATA) – Research analysts at National Bank Financial dropped their Q4 2021 earnings estimates for shares of ATS Automation Tooling Systems in a research report issued on Wednesday, September 9th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.26 per share for the quarter, down from their previous estimate of $0.29. National Bank Financial has a “Outperform” rating and a $22.00 price objective on the stock.

ATS Automation Tooling Systems (TSE:ATA) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.17 EPS for the quarter, beating analysts’ consensus estimates of C$0.13 by C$0.04. The business had revenue of C$324.87 million during the quarter, compared to analysts’ expectations of C$302.95 million.

A number of other research analysts also recently issued reports on the company. Scotiabank dropped their price target on ATS Automation Tooling Systems from C$28.00 to C$27.00 in a research note on Wednesday, September 9th. TD Securities upgraded ATS Automation Tooling Systems from a “hold” rating to a “buy” rating and set a C$24.00 price target on the stock in a research note on Tuesday, June 9th. Finally, Royal Bank of Canada dropped their price target on ATS Automation Tooling Systems from C$22.00 to C$21.00 and set a “sector perform” rating on the stock in a research note on Monday, July 27th.

ATA opened at C$17.99 on Monday. ATS Automation Tooling Systems has a one year low of C$14.27 and a one year high of C$23.07. The company has a market cap of $1.66 billion and a P/E ratio of 35.98. The company has a debt-to-equity ratio of 74.86, a quick ratio of 1.94 and a current ratio of 2.20. The business’s 50-day simple moving average is C$18.53 and its 200-day simple moving average is C$18.54.

In other ATS Automation Tooling Systems news, Senior Officer Simon Roberts sold 5,000 shares of ATS Automation Tooling Systems stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of C$20.86, for a total value of C$104,298.00. Also, Senior Officer Maria Perrella sold 35,000 shares of ATS Automation Tooling Systems stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of C$19.05, for a total value of C$666,662.50. Following the completion of the transaction, the insider now owns 47,775 shares in the company, valued at C$909,994.31.

About ATS Automation Tooling Systems

ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.

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Earnings History and Estimates for ATS Automation Tooling Systems (TSE:ATA)

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