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Weekly 52-Week Low (or 52-Week High): TFII-T, CCO-T, NPK-T, MTY-T and More 52-Week Highs and Lows (Apr 10-16)TSX closes March on a highBusiness as usual after the electionThis summary was created by AI, based on 14 opinions in the last 12 months.
ATS Automation Tooling Systems is a leading provider of automation solutions to various industries globally. While some experts view the company as a long-term compounder with attractive valuations and growth opportunities in EV-related contracts and life sciences, others have concerns about its high valuation, leveraged balance sheet, and decreased profitability compared to the market. Despite recent pressure on the share price, overall sentiment is positive, citing ATS's well-run operations, extensive backlog, and visible growth. The company's recent acquisitions and established markets position it for future opportunities.
A long-term compounder, a top performer, but ATS is not easy to understand. They buy tech and manufacturer companies. IS concern that EV sales are flopping, but the PE of ATS looks attractive. Would look at during a pullback.
Lots of contracts in last year that were EV-related. Recently, EV sales slowed. Market got worried, stock came down. Yesterday, largest shareholder offloaded stock. Good time to buy in mid-high $40s, EVs aren't going away. Probably just delays, no cancellations. Accretive acquisitions in life sciences, which are high margin.
Current valuation a little high - but is a quality business (~13% ROE). Strong brand name is a good long term investment.
Impressive global reach. Improves line speed and yield in manufacturing. Maintenance contracts, too. Less profitable than markets. Leveraged balance sheet. Trades at a premium of 20x vs. market at 15x. No dividend. Better ideas out there.
AI is a really hot theme that's being chased. Operating fundamentals not as strong as he would have thought, in terms of profit margins, ROC and free cashflow. Avoid. Better businesses out there. Better way to play is through chips or sensors, such as TSM or TEL.
Automation is here to stay. They have great experience and lots of opportunities.
Strong business with automation business. Good for long term investors. Current share price a good place to buy. Expecting 29% growth rate for the next few years. Good time to buy.
Likes it, but always looks so expensive. Fairly good recurring revenue. Margins have held up well. Not bad for growth. PE of 35x, price to book of 3.5x, expensive.
ATS share price has been under pressure recently along with the broad market, as the market sentiment factors in the scenario that interest rates may stay higher for longer, which not only impacts growth in orders for industrial space such as ATS, but also the valuation multiple that investors are willing to pay for high-growth name such as ATS. Having said that, ATS’s valuation is still attractive, in our view. ATS has been well-run over the years, and it has a decent backlog and fairly visible growth. Its recent acquisitions also look good. 'Future' orders might be impacted in a recession, but we would say that pretty much anytime.
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It designs, makes and installs automatic manufacturing systems globally and has a huge backlog. It is well known in the life sciences field which is a big part of its business. It also has a specialized battery division, is involved with nuclear reactors, consumer products, transportation, etc. It is M&A driven and makes selective acquisitions.
One of the best performers this year. Keeps announcing more contracts, backlog's growing. Focused on life sciences and EV assembly plants. Picking high-growth niche areas. Not cheap, but the sky's the limit.
Pullbacks don't last long on this stock. Sweet spot. High-growth areas such as battery production and health sciences, where they provide turnkey solutions. Not cheap. Buy it on a dip and put it away.
ATS is an industry-leading automation solutions provider to many of the world's most successful companies. It uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products, and value-added services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, transportation, consumer products, and energy. Founded in 1978, ATS employs over 6,000 people at more than 50 manufacturing facilities and over 75 offices in North America, Europe, Southeast Asia, and China.Results for the 2nd quarter ended October 2, 2022, were not spectacular. While revenues at $588.9 million were up 12.8 % over the comparable prior year period, net earnings at $29.5 million were basically flat due largely to higher finance costs ($6.2 million, to finance the acquisition of SP) and income taxes ($3.1 million). Adjusted EBITDA at $88.8 million was up 6.6%. Cash at the end of the quarter amounted to $95.2 million after utilizing $44.7 million during the period primarily due to changes in non-cash working capital. The debt-equity ratio is 1.26. With a large backlog ($1.8 billion), established operations and markets as well as experienced management ATS should find opportunities ahead.
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Great chart.
Good time to buy.
Would suggest buying.
ATS Automation Tooling Systems is a Canadian stock, trading under the symbol ATS-T on the Toronto Stock Exchange (ATS-CT). It is usually referred to as TSX:ATS or ATS-T
In the last year, 13 stock analysts published opinions about ATS-T. 9 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ATS Automation Tooling Systems.
ATS Automation Tooling Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for ATS Automation Tooling Systems.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
13 stock analysts on Stockchase covered ATS Automation Tooling Systems In the last year. It is a trending stock that is worth watching.
On 2024-04-19, ATS Automation Tooling Systems (ATS-T) stock closed at a price of $42.82.
Investors are still fretting about the decline in the backlog, and then its largest shareholder compounded problems by selling a large block of shares. We would remain a HOLD at the current (cheap) valuation and reference this recent answer. We might start picking away with more at the $42 level in any further declines.
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