Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $32.49 in the prior trading day, ATS Corporation (NYSE: ATS) closed at $29.64, down -8.77%. In other words, the price has decreased by -$8.77 from its previous closing price. On the day, 0.64 million shares were traded. ATS stock price reached its highest trading level at $31.29 during the session, while it also had its lowest trading level at $29.12.
Ratios:
Our goal is to gain a better understanding of ATS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on March 26, 2024, initiated with a Sell rating and assigned the stock a target price of $34.
On December 20, 2023, JP Morgan started tracking the stock assigning a Neutral rating and target price of $45.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATS now has a Market Capitalization of 2905686272 and an Enterprise Value of 4604627968. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 1.818 whereas that against EBITDA is 28.059.
Stock Price History:
The Beta on a monthly basis for ATS is 1.55, which has changed by -0.08093023 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, ATS has reached a high of $34.32, while it has fallen to a 52-week low of $20.90. The 50-Day Moving Average of the stock is 3.01%, while the 200-Day Moving Average is calculated to be 3.45%.
Shares Statistics:
The stock has traded on average 130.78K shares per day over the past 3-months and 135330 shares per day over the last 10 days, according to various share statistics. A total of 96.89M shares are outstanding, with a floating share count of 96.83M. Insiders hold about 0.83% of the company’s shares, while institutions hold 96.92% stake in the company. Shares short for ATS as of 1749772800 were 4008562 with a Short Ratio of 30.65, compared to 1747267200 on 4128810.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
