ATS Corp
About: ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.
Employees: 7,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
51% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 39
6.67% more ownership
Funds ownership: 76.56% [Q1] → 83.23% (+6.67%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
1% less funds holding
Funds holding: 133 [Q1] → 132 (-1) [Q2]
4% less capital invested
Capital invested by funds: $2.75B [Q1] → $2.65B (-$104M) [Q2]
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
59% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $3.47M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Goldman Sachs Joe Ritchie 67% 1-year accuracy 12 / 18 met price target | 3%upside $30 | Sell Maintained | 13 Aug 2024 |
JP Morgan Stephen Tusa 65% 1-year accuracy 15 / 23 met price target | 7%upside $31 | Neutral Maintained | 13 Aug 2024 |
Financial journalist opinion
Based on 4 articles about ATS published over the past 30 days