Added to YB: 2025-07-14
Pitch date: 2025-07-11
ATS [bullish]
ATS Corporation
-5.59%
current return
Author Info
CopyCat Invest is a former Portfolio Manager, managing my own investment portfolio and sharing my research and efforts with full transparency. Sign up for the newsletter.
Company Info
ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions.
Market Cap
CAD 3.6B
Pitch Price
CAD 40.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.04
P/E
-701.03
EV/Sales
1.83
Sector
Machinery
Category
special_situation
Buy ATS
ATS: Bought 80% more at C$40.76 (+3% portfolio weight to 6%) on 10% dip after CEO departure to larger Baxter Int'l. View this as CEO career advancement, not negative signal. ATS has solid organization, encouraging tailwinds. Used margin instead of trimming ET position despite considering it after ET's muted solid earnings reaction.
Read full article (1 min)