Date | Price Target | Rating | Analyst |
---|---|---|---|
3/26/2024 | $34.00 | Sell | Goldman |
12/20/2023 | $45.00 | Neutral | JP Morgan |
Goldman initiated coverage of ATS Corp with a rating of Sell and set a new price target of $34.00
JP Morgan initiated coverage of ATS Corp with a rating of Neutral and set a new price target of $45.00
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that Andrew Hider, Chief Executive Officer and Ryan McLeod, Chief Financial Officer will participate in the Morgan Stanley 12th Annual Laguna Conference in Dana Point, CA on September 11, 2024. Management will host institutional investor meetings at the Conference, which can be arranged by contacting your Morgan Stanley representative or [email protected]. About ATS Corporation ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, aut
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced the successful completion of its acquisition of all material assets from Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH (together "Heidolph"), a leading manufacturer of premium lab equipment for the life sciences and pharmaceutical industries. ATS entered into a definitive agreement and announced its intention to acquire Heidolph on August 7, 2024. About ATS Corporation ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") confirmed today that it has successfully closed its previously announced private placement offering (the "Offering") of C$400 million aggregate principal amount of 6.50% senior unsecured notes due August 21, 2032 (the "Notes"). As previously stated, the Company intends to use the net proceeds of the Offering to pay outstanding amounts owed under the revolving line of credit available under its senior syndicated credit facility. The Offering was underwritten by a syndicate of underwriters, led by National Bank Financial Inc. and RBC Dominion Securities Inc, and included Scotia Capital Inc., TD Securities Inc., J.P. Morgan Securi
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that Andrew Hider, Chief Executive Officer and Ryan McLeod, Chief Financial Officer will participate in the 2024 RBC Capital Markets Global Industrials Conference in Las Vegas, NV on September 24, 2024. ATS is scheduled to host a break-out session at the event on Tuesday, September 24, 2024, at 10:00 a.m. PT. Management will also host institutional investor meetings at the Conference, which can be arranged by contacting your RBC Capital Markets representative or [email protected]. About ATS Corporation ATS Corporation is an industry-leading automation solutions provider to many of the world's most
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that Andrew Hider, Chief Executive Officer and Ryan McLeod, Chief Financial Officer will participate in the Jefferies Industrials Conference in New York City, NY on September 5, 2024. ATS is scheduled to host a fireside chat at the event at 2:30 p.m. (ET). A webcast link of the live event will be available on the Investor Relations site at https://investors.atsautomation.com/ in the Events & Presentations section. A replay of the webcast will be available on the same website for 180 days. Management will also host institutional investor meetings at the Conference, which can be arranged by contacting your Jeffe
ATS Corporation (NYSE:ATS) ("ATS" or the "Company") announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering (the "Offering"), C$400 million aggregate principal amount of 6.50% senior unsecured notes due 2032 (the "Notes"), which aggregate principal amount of Notes was upsized from the initial deal size of C$300 million. The Notes will be issued at a price of C$1,000 per C$1,000 principal amount of Notes. The Notes will accrue interest at the rate of 6.50% per annum, payable in cash in equal payments semi-annually in arrears on February 21 and August 21 of each year, commencing on February 21, 2025. The Notes will be issued pursuan
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that all of the nominee directors listed in the management information circular dated June 17, 2024 were elected as directors of ATS. The vote was conducted electronically at the virtual Annual Meeting of Shareholders, which took place on August 9, 2024 ("Annual Meeting"). The voting results based on votes cast by shareholders present online or represented by proxy at the Annual Meeting are set out below: Name of Nominee Votes For Percent Votes Withheld Percent Dave W. Cummings 82,443,257 97.32% 2,268,169 2.68% Joanne S. Ferstman 73,588,121
ATS Corporation (NYSE:ATS) ("ATS" or the "Company") today reported its financial results for the three months ended June 30, 2024. All references to "$" or "dollars" in this news release are to Canadian dollars unless otherwise indicated. First quarter highlights: Revenues decreased 7.9% year over year to $694.3 million. Net Income was $35.3 million compared to $47.7 million a year ago. Basic earnings per share were 36 cents, compared to 50 cents a year ago. Adjusted EBITDA1 was $106.0 million compared to $119.2 million a year ago. Adjusted basic earnings per share1 were 50 cents compared to 69 cents a year ago. Order Bookings2 were $817 million, 18.4% higher compared to
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") a leading automation solutions provider, today announced it has entered into a definitive agreement to acquire all material assets from Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH (together "Heidolph"), a leading manufacturer of premium lab equipment for the life sciences and pharmaceutical industries, subject to closing conditions in the agreement. "With a comprehensive product range and a strong reputation established over 80 years, Heidolph will be a strong addition to our ATS Life Sciences business," said Andrew Hider, Chief Executive Officer of ATS Corporation. "As we continue to grow our presence in regulate
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company"), today announced the successful completion of its acquisition of Paxiom Group ("Paxiom"), a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries. ATS entered into a definitive agreement and announced its intention to acquire Paxiom on May 15, 2024. About ATS Corporation ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
6-K - ATS Corp /ATS (0001394832) (Filer)
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the first quarter ended June 30, 2024, before markets open on Thursday August 8, 2024. At 8:30 a.m. eastern August 8, 2024, the Company will host a conference call and webcast of management's quarterly remarks and follow up question and answer period with analysts. The listen-only webcast can be accessed at https://events.q4inc.com/attendee/283321487, and the conference call can be accessed by dialing (888) 660-6652 five minutes prior and quoting reference number 8782510. A replay of the conference will be available on the ATS website following the call. Alternatively, a telephone recordi
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the fourth quarter ended March 31, 2024, before markets open on Thursday May 16, 2024. At 8:30 a.m. eastern May 16, 2024, the Company will host a conference call and webcast of management's quarterly remarks and follow up question and answer period with analysts. The listen-only webcast can be accessed live at https://events.q4inc.com/attendee/680938193. The conference call can be accessed live by dialing (888) 660-6652 or (646) 960-0554 five minutes prior and quoting reference number 8782510. A replay of the conference will be available on the ATS website following the call. Alternativel
ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the third quarter ended December 31, 2023, before the TSX opens on Wednesday, February 7, 2024. At 8:30 a.m. eastern February 7, 2024, the Company will host a conference call and webcast of management's quarterly remarks and follow up question and answer period with analysts. The listen-only webcast can be accessed live at https://events.q4inc.com/attendee/416364346. The conference call can be accessed live by dialing (888) 660-6652 or (646) 960-0554 five minutes prior. A replay of the conference will be available on the ATS website following the call. Alternatively, a telephone recording
CAMBRIDGE, ON, Sept. 22, 2023 /PRNewswire/ - ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") a leading automation solutions provider, today announced it has entered into a definitive agreement to acquire Avidity Science, LLC ("Avidity"), a growing designer and manufacturer of automated water purification solutions for biomedical and life science applications, for US$195 million (~C$265 million), representing 11.2x Avidity's projected calendar 2023 adjusted EBITDA1,2, or 10.3x Avidity's projected calendar 2023 synergy-adjusted EBITDA1,2. The Company expects US$1.5 million of cost and commercial synergies by year 3, and US$2.6 million of cost and commercial synergies by year 5.
CAMBRIDGE, ON, July 25, 2023 /PRNewswire/ - ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the first quarter ended July 3, 2023 before the TSX opens on Wednesday August 9, 2023. At 8:30 a.m. eastern August 9, 2023, the Company will host a conference call and webcast of management's quarterly remarks and follow up question and answer period with analysts. The listen-only webcast can be accessed live at www.atsautomation.com. The conference call can be accessed live by dialing (416) 764-8688 or (888) 390-0546 five minutes prio
CAMBRIDGE, ON, July 19, 2023 /PRNewswire/ - ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that it has acquired Odyssey Validation Consultants Limited ("Odyssey"), an Ireland-based provider of digitalization solutions for the life science industry. The financial terms of the transaction were not disclosed. Odyssey will join ATS' Process Automation Solutions ("PA") business, a leading provider of automation and digitalization solutions for the process and manufacturing industries. Odyssey's strong focus on supporting customers in the life science
CAMBRIDGE, ON, July 5, 2023 /PRNewswire/ - ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") today announced that it has acquired Yazzoom BV ("Yazzoom"), a Belgium-based provider of artificial intelligence ("AI") and machine learning ("ML")-based tools for industrial production. The financial terms of the transaction were not disclosed. Yazzoom will join ATS' Process Automation Solutions ("PA") business, a leading provider of automation and digitalization solutions for the process and manufacturing industries. With a strong focus on advanced data analytics for prod
RBC Capital analyst Sabahat Khan reiterates ATS (TSX:ATS) with a Outperform and maintains C$60 price target.
JP Morgan analyst Stephen Tusa maintains ATS (NYSE:ATS) with a Neutral and lowers the price target from $43 to $38.
RBC Capital analyst Sabahat Khan maintains ATS (TSX:ATS) with a Outperform and lowers the price target from C$65 to C$60.
Paxiom Group is a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries. In its calendar year ended December 31, 2023, Paxiom generated revenues of approximately $67 million and an adjusted EBITDA margin above 19%, with the majority of revenues being generated in North America. Paxiom employs approximately 200 people and has a strong customer portfolio representing leading companies in multiple sectors. The transaction is expected to close in the third calendar quarter of 2024
Goldman Sachs analyst Joe Ritchie initiates coverage on ATS (NYSE:ATS) with a Sell rating and announces Price Target of $34.
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