ATS Corp (NYSE: ATSAF) has reported earnings for its second fiscal quarter (ending September 30) of $0.51 versus $0.32 for the same period a year ago — an increase of 59%. E.P.S. were $1.66 for the latest four quarters through September 30 versus $1.43 for the same period a year ago — an increase of 16%.
Recent Price Action
ATS Corp (NYSE: ATSAF) stock closed at $37.23 on 11/8/23 after a major increase of 10.1%. The stock has been strong relative to the market over the last nine months and has risen 10.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ATSAF is expected to continue to be an important Value Builder.
ATS has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ATS has a poor Appreciation Score of 29 but a slightly positive Power Rating of 67, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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