ATS Automation Tooling Systems Inc. (TSE:ATA) – Analysts at National Bank Financial upped their Q1 2020 earnings estimates for ATS Automation Tooling Systems in a report released on Thursday, May 16th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $0.27 per share for the quarter, up from their previous forecast of $0.23. National Bank Financial currently has a “Sector Perform” rating and a $22.00 price target on the stock. National Bank Financial also issued estimates for ATS Automation Tooling Systems’ Q2 2020 earnings at $0.25 EPS, Q3 2020 earnings at $0.29 EPS, FY2020 earnings at $1.10 EPS and FY2021 earnings at $1.17 EPS.
Separately, TD Securities increased their target price on shares of ATS Automation Tooling Systems from C$23.00 to C$24.00 and gave the stock a “buy” rating in a report on Sunday.
ATS Automation Tooling Systems Company Profile
ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.
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