ATS (NYSE:ATS) Hits New 1-Year Low – Should You Sell?

ATS Co. (NYSE:ATS) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $24.52 and last traded at $24.74, with a volume of 4176 shares trading hands. The stock had previously closed at $24.93.

ATS Trading Up 3.3 %

The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The firm has a 50-day moving average price of $27.83 and a 200 day moving average price of $29.09. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 39.67 and a beta of 0.98.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. As a group, sell-side analysts forecast that ATS Co. will post 1.02 EPS for the current year.

Institutional Investors Weigh In On ATS

A number of institutional investors and hedge funds have recently bought and sold shares of ATS. Mackenzie Financial Corp raised its position in shares of ATS by 24.4% during the fourth quarter. Mackenzie Financial Corp now owns 1,131,921 shares of the company’s stock worth $34,485,000 after purchasing an additional 221,816 shares during the period. Public Employees Retirement System of Ohio increased its stake in ATS by 6.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 26,375 shares of the company’s stock worth $804,000 after purchasing an additional 1,505 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in ATS by 9.8% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 466,879 shares of the company’s stock worth $14,221,000 after buying an additional 41,487 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in ATS by 1.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 83,571 shares of the company’s stock valued at $2,547,000 after buying an additional 1,053 shares in the last quarter. Finally, Toronto Dominion Bank boosted its holdings in shares of ATS by 167.5% in the fourth quarter. Toronto Dominion Bank now owns 262,860 shares of the company’s stock worth $8,008,000 after buying an additional 164,579 shares during the period. 75.84% of the stock is owned by institutional investors and hedge funds.

ATS Company Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.