SC 13G/A - ATS Corp /ATS (0001394832) (Subject)

SC 13G/A - ATS Corp /ATS (0001394832) (Subject)

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 and NYSE:ATS) ("ATS" or the "Company") today reported its financial results for the three and six months ended September 29, 2024. All references to "$" or "dollars" in this news release are to Canadian dollars unless otherwise indicated. Second quarter highlights: Revenues decreased 16.7% year over year to $612.8 million. Net loss was $0.9 million compared to net income of $50.7 million a year ago. Basic earnings (loss) per share were (1) cent, compared to 51 cents a year ago. Adjusted EBITDA1 was $78.3 million compared to $116.2 million a year ago. Adjusted basic earnings per share1 were 25 cents compared to 63 cents a year ago. Order Bookings2 were $742

ATS Corporation (TSX and NYSE:ATS) ("ATS" or the "Company"), today announced that Andrew Hider, Chief Executive Officer and Ryan McLeod, Chief Financial Officer will participate in the UBS Global Industrials and Transportation Conference in Manalapan, FL on December 04, 2024. ATS is scheduled to host a fireside chat at the event at 8:00 a.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 be hosting institutional investor meetings, which can be arranged by contacting your UBS repre

ATS Corporation (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the second quarter ended September 29, 2024, before markets open on Wednesday November 6, 2024. At 8:30 a.m. eastern November 6, 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/775172708, 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 telephon

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 Scotiabank Transportation & Industrials Conference in Toronto on November 13, 2024. ATS is scheduled to host a fireside chat at the event at 2:00 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 90 days. Management will also host institutional investor meetings at the Conference, which can be arranged by contacting your

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 Baird 2024 Global Industrial Conference in Chicago on November 12, 2024. Management will host institutional investor meetings at the Conference, which can be arranged by contacting your Baird 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, automation products and valu

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 (TSX:ATS) (NYSE:ATS) ("ATS" or the "Company") will report its financial results for the second quarter ended September 29, 2024, before markets open on Wednesday November 6, 2024. At 8:30 a.m. eastern November 6, 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/775172708, 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 telephon

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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