At the time of writing, ATS Corporation [ATS] stock is trading at $30.62, up 19.84%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATS shares have gain 9.28% over the last week, with a monthly amount glided 21.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ATS Corporation [NYSE: ATS] stock has seen the most recent analyst activity on March 26, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $34. Previously, JP Morgan started tracking the stock with Neutral rating on December 20, 2023, and set its price target to $45.
For the past year, the stock price of ATS Corporation fluctuated between $20.90 and $34.32. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. ATS Corporation [NYSE: ATS] shares were valued at $30.62 at the most recent close of the market. An investor can expect a potential return of 11.04% based on the average ATS price forecast.
Analyzing the ATS fundamentals
According to ATS Corporation [NYSE:ATS], the company’s sales were 1.93B for trailing twelve months, which represents an -14.38% plunge. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.69 points at the first support level, and at 28.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.52, and for the 2nd resistance point, it is at 32.43.
Ratios To Look Out For
It is important to note that ATS Corporation [NYSE:ATS] has a current ratio of 1.92. Further, the Quick Ratio stands at 1.55, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 2.43.
