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ARE Stock Chart & Stats
C$42.96
-C$1.24(-2.46%)
At close: 4:00 PM EDT
C$42.96
-C$1.24(-2.46%)
Day’s Range― - ―
52-Week RangeC$23.93 - C$57.72
Previous CloseN/A
Volume134.97K
Average Volume (3M)389.98K
Market Cap
C$3.71B
Enterprise ValueC$3.31K
Total Cash (Recent Filing)C$629.56M
Total Debt (Recent Filing)C$804.04M
Price to Earnings (P/E)―
Beta0.55
Next Earnings
Oct 29, 2026EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend Yield1.35%
Share Statistics
EPS (TTM)-0.91
Shares Outstanding68,576,760
10 Day Avg. Volume464,912
30 Day Avg. Volume389,976
Financial Highlights & Ratios
PEG Ratio-1.04
Price to Book (P/B)2.14
Price to Sales (P/S)0.36
P/FCF Ratio32.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$59.20Price Target Upside37.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1.53
Revenue Forecast (FY)C$6.35B
Bulls Say, Bears Say
Bulls Say
Recurring Utilities PlatformRapid growth in utility recurring revenue and the planned ownership consolidation strengthen Aecon’s exposure to more predictable infrastructure cash flows. Greater control of this platform could improve strategic coordination, earnings visibility, and the durability of growth beyond individual construction awards.
Large Backlog And Improving ExecutionA substantial backlog provides multi-period revenue visibility, while stronger quarterly execution and expanding Construction margins indicate improving project performance. Management’s expectation for double-digit 2026 growth and further 2027 growth supports continued scale and operating leverage.
Strong Cash GenerationThe sharp rebound in operating and free cash flow improves Aecon’s ability to fund working capital, capital needs, dividends, and strategic investments internally. Sustained cash conversion would provide greater resilience across project cycles and reduce dependence on external financing.
Bears Say
Unstable Bottom-line ProfitabilityAecon’s improving operating metrics have not yet translated into consistent net earnings. The recent swing back to a TTM loss demonstrates that project outcomes and other charges can materially affect results, limiting earnings visibility and weakening confidence in near-term profitability.
Legacy Project Profit DragOngoing losses from legacy projects continue to dilute margins and absorb management attention despite stronger current operations. Until these contracts are resolved, they can suppress reported earnings, reduce the benefit of new awards, and prolong volatility in consolidated results.
Higher Leverage And Negative ReturnsIncreasing leverage alongside negative shareholder returns reduces financial flexibility and leaves less room for execution setbacks or weaker project performance. It also means that improving cash flow must be sustained before the balance sheet can support growth and capital allocation with greater confidence.
Aecon Group Inc. News
ARE FAQ
What was Aecon Group Inc.’s price range in the past 12 months?
Aecon Group Inc. lowest stock price was C$23.93 and its highest was C$57.72 in the past 12 months.
What is Aecon Group Inc.’s market cap?
Aecon Group Inc.’s market cap is C$3.71B.
When is Aecon Group Inc.’s upcoming earnings report date?
Aecon Group Inc.’s upcoming earnings report date is Oct 29, 2026 which is in 26 days.
How were Aecon Group Inc.’s earnings last quarter?
Aecon Group Inc. released its earnings results on Jul 30, 2026. The company reported C$0.33 earnings per share for the quarter, beating the consensus estimate of C$0.298 by C$0.032.
Is Aecon Group Inc. overvalued?
According to Wall Street analysts Aecon Group Inc.’s price is currently Undervalued.
Does Aecon Group Inc. pay dividends?
Aecon Group Inc. pays a Quarterly dividend of C$0.193 which represents an annual dividend yield of 1.35%. See more information on Aecon Group Inc. dividends here
What is Aecon Group Inc.’s EPS estimate?
Aecon Group Inc.’s EPS estimate is 0.74.
How many shares outstanding does Aecon Group Inc. have?
Aecon Group Inc. has 68,576,760 shares outstanding.
What happened to Aecon Group Inc.’s price movement after its last earnings report?
Aecon Group Inc. reported an EPS of C$0.33 in its last earnings report, beating expectations of C$0.298. Following the earnings report the stock price went up 1.004%.
Which hedge fund is a major shareholder of Aecon Group Inc.?
Currently, no hedge funds are holding shares in TSE:ARE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Aecon Group Inc. Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$59.20 (37.80% Upside)
C$59.20 (37.80% Upside)
Blogger Sentiment
Bearish
TSE:ARE Sentiment 100%
Sector Average 63%
Sector Average 63%
Insider Transactions
Sold Shares
Worth C$2.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.2%
Last 30 Days ▲ 16.2%
Last 30 Days ▲ 16.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
131.46%
12-Months-Change
Fundamentals
Return on Equity
1.35%
Trailing 12-Months
Asset Growth
28.10%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Aecon Group Inc.
Aecon Group Inc., alongside its subsidiaries, delivers a comprehensive array of construction and infrastructure development services to both private and public sector clients across Canada, the United States, and globally. The company operates through two primary divisions: Construction and Concessions. Within its Construction segment, Aecon primarily targets vital areas such as civil infrastructure projects, urban transit systems, nuclear energy facilities, general utility networks, and conventional industrial frameworks. The Concessions segment, conversely, specializes in managing construction ventures through their entire lifecycle, encompassing development, building, financing, and ongoing operations, often structured as public-private partnerships (PPPs). Established in 1877 and headquartered in Toronto, Canada, the firm was originally known as Prefac Concrete Co. Ltd. before rebranding as Aecon Group Inc. in June 2001.
ARE Stock 12 Month Forecast
Average Price Target
C$59.20
▲(37.80% Upside)
Technical Analysis
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