Atlas Engineered Products (AEP) Stock Price, News & Analysis

Company Overview

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures. The company was founded in 1999 and is based in Nanaimo, Canada.

Key Stats

• Today's Range: C$0.81 to C$0.86
• 50-Day Range: C$0.77 to C$0.94
• 52-Week Range: C$0.72 to C$1.50
• Volume: 66,326 shs
• Average Volume: 99,580 shs
• Market Capitalization: C$59.61 million
• P/E Ratio: 31.67
• Dividend Yield: 306.17%
• Price Target: C$1.71
• Consensus Rating: Buy

Atlas Engineered Products Stock Analysis - MarketRank™

Atlas Engineered Products scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Atlas Engineered Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Atlas Engineered Products has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlas Engineered Products is 31.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlas Engineered Products is 31.67, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.22.

Price to Book Value per Share Ratio

Atlas Engineered Products has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AEP.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Atlas Engineered Products pays a meaningful dividend of 1.95%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Atlas Engineered Products does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Atlas Engineered Products is 9,697.24%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AEP.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.33

News Sentiment

Atlas Engineered Products has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Atlas Engineered Products this week, compared to 2 articles on an average week.

Search Interest

33 people have searched for AEP on MarketBeat in the last 30 days. This is an increase of 154% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Atlas Engineered Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$7,700.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

14.49% of the stock of Atlas Engineered Products is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.50% of the stock of Atlas Engineered Products is held by institutions.

AEP Stock Analysis - Frequently Asked Questions

How have AEP shares performed this year?

Atlas Engineered Products' stock was trading at C$1.33 at the beginning of the year. Since then, AEP stock has decreased by 39.1% and is now trading at C$0.81.

How do I buy shares of Atlas Engineered Products?

Shares of AEP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Atlas Engineered Products own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Engineered Products investors own include Facedrive (FDVRF), Ackroo (AKR), BeWhere (BEW), BlueRush (BTV), C-Com Satellite Systems (CMI), Converge Technology Solutions (CTS) and Gatekeeper Systems (GSI).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Industrials
• Industry: Building Products & Equipment
• Sub-Industry: N/A
• Current Symbol: CVE:AEP
• CIK: N/A
• Web: www.atlastruss.com
• Phone: 250-754-1400
• Fax: N/A
• Employees: 2,018
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Atlas Engineered Products: C$1.71
• High Price Target: C$2.10
• Low Price Target: C$1.50
• Potential Upside/Downside: +111.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.03
• Trailing P/E Ratio: 31.67
• Forward P/E Ratio: 7.71
• P/E Growth: N/A
• Net Income: C$1.88 million
• Net Margins: 2.90%
• Pretax Margin: N/A
• Return on Equity: 4.09%
• Return on Assets: 3.47%

Debt

• Debt-to-Equity Ratio: 62.14
• Current Ratio: 4.16
• Quick Ratio: 2.31

Sales & Book Value

• Annual Sales: C$64.81 million
• Price / Sales: 0.92
• Cash Flow: C$0.26 per share
• Price / Cash Flow: 3.06
• Book Value: C$0.80 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 73,590,826
• Free Float: N/A
• Market Cap: C$59.61 million
• Optionable: Not Optionable
• Beta: 1.13