ATS Corp (NYSE: ATSAF) has reported E.P.S. of $0.49 for its fourth fiscal quarter (ending March 31) versus $0.32 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.98 compared to $1.39 a year ago.
Recent Price Action
ATS Corp (NYSE: ATSAF) stock closed at $34.59 on 5/16/24 after a very large increase of 5.2%. Moreover, above average trading volume at 149% of normal accompanied the advance. The stock has risen 3.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, ATSAF is expected to continue to be a Value Builder.
ATS has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. ATS has a slightly positive Appreciation Score of 66 but a poor Power Rating of 20, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment