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ATS Corporation ( (TSE:ATS) ) has provided an update.
ATS Corporation has announced the appointment of Doug Wright as Chief Executive Officer, effective on or before January 14, 2026, following an extensive search by the board. Wright, who previously led Indicor and held leadership roles at Honeywell and other organizations, is recognized for his expertise in driving growth and operational excellence. This leadership transition reinforces ATS’s commitment to leveraging its automation capabilities and strategic focus to drive long-term value for stakeholders. Ryan McLeod will continue as interim CEO until Wright assumes the role.
The most recent analyst rating on (TSE:ATS) stock is a Buy with a C$52.00 price target. To see the full list of analyst forecasts on ATS Corporation stock, see the TSE:ATS Stock Forecast page.
Spark’s Take on TSE:ATS Stock
According to Spark, TipRanks’ AI Analyst, TSE:ATS is a Neutral.
ATS Corporation’s overall stock score reflects strong revenue growth and cash flow generation, as highlighted in the earnings call, which are significant positives. However, profitability challenges, as indicated by the negative P/E ratio and net profit margin, weigh heavily on the score. Technical indicators suggest potential resistance, and while corporate events provide positive visibility, they are less impactful on the overall score.
To see Spark’s full report on TSE:ATS stock, click here.
More about ATS Corporation
ATS Corporation is a leading automation solutions provider, delivering custom and repeat automation systems, products, and value-added services for multinational clients in diverse sectors such as life sciences, transportation, food & beverage, consumer products, and energy. Founded in 1978, the company operates over 65 manufacturing facilities and employs approximately 7,500 people, with shares traded on the Toronto Stock Exchange and NYSE under the symbol ATS.
Average Trading Volume: 171,167
Technical Sentiment Signal: Hold
Current Market Cap: C$3.76B
For an in-depth examination of ATS stock, go to TipRanks’ Overview page.