Is ATS Stock a Good Investment?
ATS Investment Advice | ATS |
- Examine ATS's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ATS's leadership team and their track record. Good management can help ATS navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact ATS's business and its evolving consumer preferences.
- Compare ATS's performance and market position to its competitors. Analyze how ATS is positioned in terms of product offerings, innovation, and market share.
- Check if ATS pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ATS's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ATS Corporation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ATS Corporation is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ATS Stock
Researching ATS's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 89.0% of the company shares are held by institutions such as insurance companies. The book value of ATS was presently reported as 17.39. The company had not issued any dividends in recent years. ATS Corporation had 2:1 split on the 8th of December 1997.
To determine if ATS is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ATS's research are outlined below:
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: ZipRecruiter and Paradox Partner to Make Hiring Fast and Frictionless |
ATS Quarterly Good Will |
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ATS uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ATS Corporation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ATS's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact ATS's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ATS's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-16 | 2024-03-31 | 0.4178 | 0.3633 | -0.0545 | 13 | ||
2024-08-08 | 2024-06-30 | 0.3786 | 0.2614 | -0.1172 | 30 | ||
2024-03-06 | 2023-12-31 | 0.4785 | 0.347 | -0.1315 | 27 | ||
2024-11-06 | 2024-09-30 | 0.2354 | -0.0066 | -0.242 | 102 |
ATS's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.92 B.Market Cap |
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ATS's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.10 | 0.08 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.12 | 0.12 |
Determining ATS's profitability involves analyzing its financial statements and using various financial metrics to determine if ATS is a good buy. For example, gross profit margin measures ATS's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ATS's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in ATS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ATS Corporation. Check ATS's Beneish M Score to see the likelihood of ATS's management manipulating its earnings.
Evaluate ATS's management efficiency
ATS Corporation has Return on Asset of 0.045 % which means that on every $100 spent on assets, it made $0.045 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0799 %, implying that it generated $0.0799 on every 100 dollars invested. ATS's management efficiency ratios could be used to measure how well ATS manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ATS's Return On Tangible Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.12 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, ATS's Asset Turnover is comparatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.23 | 18.09 | |
| Tangible Book Value Per Share | (2.29) | (2.18) | |
| Enterprise Value Over EBITDA | 12.18 | 9.46 | |
| Price Book Value Ratio | 2.66 | 2.68 | |
| Enterprise Value Multiple | 12.18 | 9.46 | |
| Price Fair Value | 2.66 | 2.68 | |
| Enterprise Value | 5.6 B | 5.9 B |
Understanding the operational decisions made by ATS management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.355 |
Basic technical analysis of ATS Stock
As of the 28th of November, ATS shows the risk adjusted performance of 0.0643, and Mean Deviation of 1.87. ATS Corporation technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm ATS Corporation standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if ATS Corporation is priced some-what accurately, providing market reflects its regular price of 30.99 per share. Given that ATS has jensen alpha of 0.1008, we suggest you to validate ATS Corporation's prevailing market performance to make sure the company can sustain itself at some point in the future.ATS's Outstanding Corporate Bonds
ATS issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ATS Corporation uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ATS bonds can be classified according to their maturity, which is the date when ATS Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand ATS's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ATS's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0643 | |||
| Market Risk Adjusted Performance | 0.2924 | |||
| Mean Deviation | 1.87 | |||
| Semi Deviation | 2.23 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 1332.31 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.12 | |||
| Information Ratio | 0.0224 | |||
| Jensen Alpha | 0.1008 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.2824 | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.56 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 4.97 | |||
| Expected Short fall | (1.95) | |||
| Skewness | 0.2903 | |||
| Kurtosis | 0.4431 |
| Risk Adjusted Performance | 0.0643 | |||
| Market Risk Adjusted Performance | 0.2924 | |||
| Mean Deviation | 1.87 | |||
| Semi Deviation | 2.23 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 1332.31 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.12 | |||
| Information Ratio | 0.0224 | |||
| Jensen Alpha | 0.1008 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.2824 | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.56 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 4.97 | |||
| Expected Short fall | (1.95) | |||
| Skewness | 0.2903 | |||
| Kurtosis | 0.4431 |
Consider ATS's intraday indicators
ATS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ATS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ATS Corporate Filings
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
6K | 7th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 16th of May 2024 Other Reports | ViewVerify |
ATS Stock media impact
Far too much social signal, news, headlines, and media speculation about ATS that are available to investors today. That information is available publicly through ATS media outlets and privately through word of mouth or via ATS internal channels. However, regardless of the origin, that massive amount of ATS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ATS news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ATS relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ATS's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ATS alpha.
ATS Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ATS can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ATS Corporate Management
| Stewart McCuaig | General VP | Profile | |
| Steve Emery | Vice Procurement | Profile | |
| Prakash Mahesh | Group Sciences | Profile | |
| Jeffrey Adamson | Chief Officer | Profile |
Already Invested in ATS Corporation?
The danger of trading ATS Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ATS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ATS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ATS Corporation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for ATS Stock Analysis
When running ATS's price analysis, check to measure ATS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATS is operating at the current time. Most of ATS's value examination focuses on studying past and present price action to predict the probability of ATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS's price. Additionally, you may evaluate how the addition of ATS to your portfolios can decrease your overall portfolio volatility.