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Aecon Group Inc. (TSE:ARE)
TSX:ARE
Holding TSE:ARE?
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ARE Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$8.42 - C$22.12
Previous CloseC$22.11
Volume151.78K
Average Volume (3M)273.51K
Market Cap
C$1.38B
Enterprise ValueC$1.10B
Total Cash (Recent Filing)C$499.39M
Total Debt (Recent Filing)C$242.30M
Price to Earnings (P/E)94.9
Beta1.01
Next Earnings
Oct 31, 2024EPS Estimate
C$0.8Last Dividend Ex-Date
Sep 20, 2024Dividend Yield3.46%
Share Statistics
EPS (TTM)0.23
Shares Outstanding62,448,801
10 Day Avg. Volume232,839
30 Day Avg. Volume273,510
Standard Deviation0.10
R-Squared0.25
Alpha0.00324
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)0.33
Price to Cash Flow (P/CF)5.50
P/FCF Ratio7.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$23.88Price Target Upside6.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Aecon Group Inc. News
PremiumCompany Announcements
Aecon Group Wins Major Winnipeg Treatment Plant Upgrade
PremiumCompany Announcements
Aecon Group Advances Major SkyTrain Project in VancouverPremiumCompany Announcements
Aecon Lands Major Nuclear Contract in Ontario
PremiumCompany Announcements
Aecon Group Reports Q2 Loss Amid Growth Opportunities
PremiumCompany Announcements
Aecon Utilities Acquires Xtreme PowerlinePremiumCompany Announcements
Aecon Settles Pipeline Dispute, Eyes Future ProgressPremiumCompany Announcements
Aecon Group Announces Q2 2024 Results WebcastBulls Say, Bears Say
Bulls Say
Business GrowthAecon's backlog is strong and the bid pipeline is robust.
Financial PerformanceRecent asset sales lowered financial leverage while the JV with Oaktree has the potential to be a growth platform focused on the utilities sector.
Market ExpansionConstruction segment poised for growth in 2025.
Bears Say
Financial PerformanceRecent financial results show significant charges related to legacy fixed-price projects.
Financial RisksManagement estimates a remaining financial downside of $125M on problematic projects, posing a risk to financial stability.
Project RisksLegacy fixed-price projects are expected to continue negatively impacting the stock.
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Options Prices
Currently, No data available
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Ownership Overview
0.97% Insiders
2.97% Mutual Funds
― Other Institutional Investors
84.40% 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$8.42 and its highest was C$22.12 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 Oct 31, 2024 which is in 21 days.
How were Aecon Group Inc.’s earnings last quarter?
Aecon Group Inc. released its earnings results on Jul 24, 2024. The company reported -C$1.99 earnings per share for the quarter, beating the consensus estimate of -C$2.357 by C$0.367.
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 3.46%. 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$0.8.
How many shares outstanding does Aecon Group Inc. have?
Aecon Group Inc. has 62,375,530 shares outstanding.
What happened to Aecon Group Inc.’s price movement after its last earnings report?
Aecon Group Inc. reported an EPS of -C$1.99 in its last earnings report, beating expectations of -C$2.357. Following the earnings report the stock price went up 4.267%.
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
Strong Buy
Average Price Target:
C$23.88 (6.85% Upside)
C$23.88 (6.85% Upside)
Insider Transactions
Bought Shares
Worth C$907.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 13.4%
Last 30 Days ▲ 13.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
109.19%
12-Months-Change
Fundamentals
Return on Equity
1.40%
Trailing 12-Months
Asset Growth
-11.01%
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$23.88
▲(6.85% Upside)
Technical Analysis
Best Analysts Covering ARE
1 Year
1 Year Success Rate
11/16 ratings generated profit
1 Year Average Return
+11.86%
reiterated a buy rating 7 days ago
Copying Benoit Poirier's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +11.86% per trade.
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