CAE Appoints New CFO as ATS Executive Resigns
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Executive Transition: Ryan McLeod, CFO of ATS, will resign on February 15 and join CAE as CFO on February 23, overseeing global finance functions to support the company's strategic growth and operational performance.
- Transition Support: To ensure team continuity, McLeod will closely collaborate with CAE's interim CFO Constantino Malatesta, highlighting the company's commitment to management stability during this transition.
- Future Plans: CAE plans for current CFO Sonya Branco to step down at the end of August 2024, with McLeod's appointment following a comprehensive search process, indicating the company's rigorous approach to executive selection.
- Market Reaction: CAE's stock closed at $34.05 on the NYSE, up $0.90 from the previous day, reflecting a positive market response to the new CFO appointment.
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Analyst Views on ATS
Wall Street analysts forecast ATS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ATS is 35.63 USD with a low forecast of 33.11 USD and a high forecast of 37.43 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 28.950
Low
33.11
Averages
35.63
High
37.43
Current: 28.950
Low
33.11
Averages
35.63
High
37.43
About ATS
ATS Corporation is an automation solutions provider. The Company uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food & beverage, consumer products, and energy. Life sciences includes automation solutions for high performance medical devices and hand-held and on-body monitoring devices, and others. Food and beverage includes automation solutions for food processing and packaging, optical sorting, and others. Consumer products includes automation solutions for the production and packaging of personal care items, cosmetics, and others. Transportation includes automation solutions that support the assembly and testing of automotive components and systems, primarily for electric vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ATS Corporation to Report Q3 Financial Results on February 4, 2026
- Earnings Release Schedule: ATS Corporation will report its Q3 financial results for the period ending December 28, 2025, before market open on February 4, 2026, providing critical performance data for investors to assess the company's standing.
- Conference Call Details: The company will host a conference call at 8:30 a.m. Eastern on February 4, 2026, where management will present quarterly remarks and answer analyst questions, enhancing transparency and investor communication.
- Webcast Access: Investors can access the live webcast of the conference via the company's website, ensuring broad participation and information sharing, which strengthens interaction between the company and its investors.
- Replay Service: Following the call, ATS will offer a telephone recording service for one week, allowing investors who could not participate live to access the information, further enhancing accessibility and transparency of information.
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CAE Appoints New CFO as ATS Executive Resigns
- Executive Transition: Ryan McLeod, CFO of ATS, will resign on February 15 and join CAE as CFO on February 23, overseeing global finance functions to support the company's strategic growth and operational performance.
- Transition Support: To ensure team continuity, McLeod will closely collaborate with CAE's interim CFO Constantino Malatesta, highlighting the company's commitment to management stability during this transition.
- Future Plans: CAE plans for current CFO Sonya Branco to step down at the end of August 2024, with McLeod's appointment following a comprehensive search process, indicating the company's rigorous approach to executive selection.
- Market Reaction: CAE's stock closed at $34.05 on the NYSE, up $0.90 from the previous day, reflecting a positive market response to the new CFO appointment.
Continue Reading