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ATS Corporation (ATS $41.10)
- $41.10 Cap: $3.94B
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Rating
B+
Review of ATS Corporation
MAY 30, 2024 - ATS Corporation (ATS) is an industry leader in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems. Overall, ATS had quite a volatile fiscal 2024 year. The company’s shares fluctuated due to market concerns on the strength of its backlog. While ATS’ backlog and bookings did decline on a full-year basis, the fourth quarter pointed to potentially a positive turnaround in these metrics. We are maintaining our rating of a B+, however if the backlog trends negatively in future quarters, we will consider dropping our rating.
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Q: Hi there,
Do you know if there’s anything behind the departure of the CEO and hence stock price drop today?
Thanks.
Do you know if there’s anything behind the departure of the CEO and hence stock price drop today?
Thanks.
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ATS Corporation (ATS $41.10)
- $41.10 Cap: $3.94B
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Q: Please comment on the most recent earnings for ATS-T.
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