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Aecon Group Inc. (TSE:ARE)
TSX:ARE
Aecon Group Inc. (ARE) Stock Price & Analysis
290 Followers
ARE Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$8.10 - C$17.20
Previous CloseC$14.01
Volume17.18K
Average Volume (3M)258.63K
Market Cap
C$881.69M
Enterprise ValueC$644.76M
Total Cash (Recent Filing)C$645.78M
Total Debt (Recent Filing)C$418.19M
Price to Earnings (P/E)5.2
Beta1.32
Next Earnings
Jul 24, 2024EPS Estimate
-C$2.36Last Dividend Ex-Date
Jun 21, 2024Dividend Yield4.42%
Share Statistics
EPS (TTM)2.68
Shares Outstanding62,266,403
10 Day Avg. Volume193,099
30 Day Avg. Volume258,629
Standard Deviation0.10
R-Squared0.26
Alpha0.00026
Financial Highlights & Ratios
Price to Book (P/B)1.07
Price to Sales (P/S)0.90
Price to Cash Flow (P/CF)1.40
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$18.48Price Target Upside30.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Aecon Group Inc. News
PremiumCompany Announcements
Aecon Utilities Acquires Xtreme Powerline
PremiumCompany Announcements
Aecon Settles Pipeline Dispute, Eyes Future Progress
PremiumCompany Announcements
Aecon Group Announces Q2 2024 Results WebcastPremiumCompany Announcements
Aecon Group Welcomes New Board Members
Bulls Say, Bears Say
Bulls Say
Asset Sales And Financial LeverageRecent asset sales have highlighted underappreciated value in the portfolio while also lowering financial leverage.
Backlog And Bid PipelineAecon's backlog is strong and the bid pipeline is robust.
Earnings GrowthARE is positioned to generate attractive earnings growth.
Bears Say
Cash FlowThe additional costs to complete the other legacy fixed-price projects suggests a more pronounced cash flow drag in 2024 that could potentially carry over into 2025.
Financial PerformanceManagement expects to record charges of $110M related to additional costs to complete its three remaining legacy fixed-price projects.
Project SettlementsThe lack of settlement payments related to the Coast GasLink project was disappointing.
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Options Prices
Currently, No data available
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Ownership Overview
4.81% Insiders
5.17% Mutual Funds
12.55% Other Institutional Investors
77.47% Public Companies and
Individual Investors
ARE FAQ
What was Aecon Group Inc.’s price range in the past 12 months?
Aecon Group Inc. lowest stock price was C$8.10 and its highest was C$17.20 in the past 12 months.
What is Aecon Group Inc.’s market cap?
Currently, no data Available
When is Aecon Group Inc.’s upcoming earnings report date?
Aecon Group Inc.’s upcoming earnings report date is Jul 24, 2024 which is in 21 days.
How were Aecon Group Inc.’s earnings last quarter?
Aecon Group Inc. released its earnings results on Apr 24, 2024. The company reported -C$0.1 earnings per share for the quarter, beating the consensus estimate of -C$0.204 by C$0.104.
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$0.19 which represents an annual dividend yield of 4.42%. See more information on Aecon Group Inc. dividends here
What is Aecon Group Inc.’s EPS estimate?
Aecon Group Inc.’s EPS estimate is -C$2.36.
How many shares outstanding does Aecon Group Inc. have?
Aecon Group Inc. has 62,266,403 shares outstanding.
What happened to Aecon Group Inc.’s price movement after its last earnings report?
Aecon Group Inc. reported an EPS of -C$0.1 in its last earnings report, beating expectations of -C$0.204. Following the earnings report the stock price went up 2.361%.
Which hedge fund is a major shareholder of Aecon Group Inc.?
Currently, no hedge funds are holding shares in TSE:ARE
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Aecon Group Inc. Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$18.48 (30.51% Upside)
C$18.48 (30.51% Upside)
Insider Transactions
Sold Shares
Worth C$40.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.67%
12-Months-Change
Fundamentals
Return on Equity
16.62%
Trailing 12-Months
Asset Growth
-15.91%
Trailing 12-Months
Company Description
Aecon Group Inc.
Aecon Group Inc is a Canada-based company that operates in two major segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is primarily engaged in the development, financing, construction, and operation of infrastructure projects. Aecon generates the majority of its revenue from the Construction segment.
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ARE Stock 12 Month Forecast
Average Price Target
C$18.48
▲(30.51% Upside)
Technical Analysis
Best Analysts Covering ARE
1 Year
1 Year Success Rate
24/39 ratings generated profit
1 Year Average Return
+6.88%
reiterated a buy rating 2 months ago
Copying Yuri Lynk's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +6.88% per trade.
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