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ATS Corporation CEO Andrew Hider Steps Down

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ATS Corporation CEO Andrew Hider Steps Down

Elevate Your Investing Strategy:

ATS Corporation ( (TSE:ATS) ) has provided an announcement.

ATS Corporation, a company involved in the manufacturing sector, announced that its CEO, Andrew Hider, would step down from his role and resign from the Board of Directors as of July 7, 2025. This decision led to an amendment in the management information circular for the upcoming annual general meeting on August 7, 2025, reducing the number of management nominees for election to the Board from eight to seven. The move is expected to impact the corporation’s strategic direction and governance structure, as the Board will need to reconstitute its Strategic Opportunities Committee following Hider’s departure.

The most recent analyst rating on (TSE:ATS) stock is a Buy with a C$65.00 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.

The overall stock score for ATS Corporation is impacted significantly by financial performance challenges, including declining revenues, increased leverage, and cash flow constraints. Technical analysis offers a slightly positive outlook with some bullish momentum, but valuation concerns due to negative P/E and lack of dividend yield weigh heavily. While strong order bookings and sector-specific growth are positive signs, they are not sufficient to offset existing financial and valuation risks.

To see Spark’s full report on TSE:ATS stock, click here.

More about ATS Corporation

Average Trading Volume: 197,373

Technical Sentiment Signal: Hold

Current Market Cap: C$3.95B

For an in-depth examination of ATS stock, go to TipRanks’ Overview page.

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