ATS Automation Tooling Systems Inc. (TSE:ATA) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$17.32 and last traded at C$17.31, with a volume of 147556 shares trading hands. The stock had previously closed at C$17.29.
A number of equities research analysts recently issued reports on the company. Scotiabank upped their target price on ATS Automation Tooling Systems from C$16.50 to C$19.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. Royal Bank of Canada boosted their price target on ATS Automation Tooling Systems from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, February 8th. Finally, TD Securities boosted their price target on ATS Automation Tooling Systems from C$17.00 to C$18.00 and gave the company a “buy” rating in a report on Thursday, February 8th.
ATS Automation Tooling Systems (TSE:ATA) last issued its quarterly earnings results on Wednesday, February 7th. The company reported C$0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.18. The company had revenue of C$277.59 million during the quarter, compared to the consensus estimate of C$272.25 million. ATS Automation Tooling Systems had a return on equity of 3.82% and a net margin of 2.49%.
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About ATS Automation Tooling Systems
ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.
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