Should I buy or sell Aecon Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AEGXF shares. View AEGXF analyst ratings or view top-rated stocks .

What is Aecon Group's stock price target for 2024?

2 analysts have issued 1 year price targets for Aecon Group's stock. Their AEGXF share price targets range from $18.00 to $24.50. On average, they expect the company's share price to reach $21.30 in the next year. This suggests a possible upside of 155.1% from the stock's current price. View analysts price targets for AEGXF or view top-rated stocks among Wall Street analysts .

How have AEGXF shares performed in 2023?

Aecon Group's stock was trading at $6.50 at the beginning of 2023. Since then, AEGXF shares have increased by 28.5% and is now trading at $8.35. View the best growth stocks for 2023 here .

Are investors shorting Aecon Group?

Aecon Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 524,600 shares, an increase of 37.8% from the October 31st total of 380,600 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is currently 61.7 days. View Aecon Group's Short Interest .

Is Aecon Group a good dividend stock?

Aecon Group (OTCMKTS:AEGXF) pays an annual dividend of $0.35 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 95.79%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Aecon Group?

Shares of AEGXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Aecon Group Stock Price, News & Analysis (OTCMKTS:AEGXF)

$8.35

+0.20 (+2.45%)

(As of 11/29/2023 ET)

Compare

Today's Range: $8.34
▼
$8.35
50-Day Range: $6.68
▼
$8.46
52-Week Range: $6.14
▼
$10.18

Volume: 4,624 shs
Average Volume: 5,913 shs
Market Capitalization: N/A

P/E Ratio: 22.85
Dividend Yield: 4.19%
Price Target: $21.30

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Aecon Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 155.1% Upside
$21.30 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Aecon Group 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.
Price Target Upside/Downside
According to analysts' consensus price target of $21.30, Aecon Group has a forecasted upside of 155.1% from its current price of $8.35.
Amount of Analyst Coverage
Aecon Group has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Aecon Group has a short interest ratio ("days to cover") of 61.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Aecon Group has recently increased by 37.83%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Aecon Group is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Aecon Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Aecon Group is 95.79%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AEGXF.

0.6

News and Social Media Coverage

News Sentiment
Aecon Group has a news sentiment score of -1.00. 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 0.30 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Aecon Group this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aecon Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
45.75% of the stock of Aecon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aecon Group is 22.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aecon Group is 22.85, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 434.83.

See Top Rated MarketRank™ Stocks Here

About Aecon Group Stock (OTCMKTS:AEGXF)

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, construction, financing, and operation of construction projects by way of public-private partnership contract structures. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1877 and is headquartered in Toronto, Canada.

AEGXF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AEGXF Stock News Headlines

October 26, 2023 | msn.com

Aecon shares sink more than 15% as it faces troubles with legacy projects

October 25, 2023 | finance.yahoo.com

Aecon reports third quarter 2023 results

November 29, 2023 | Autonomix (Ad)

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October 23, 2023 | finance.yahoo.com

AECON ANNOUNCES $150 MILLION STRATEGIC INVESTMENT IN AECON UTILITIES GROUP BY OAKTREE

September 21, 2023 | finance.yahoo.com

Unveiling the Dividend Performance of Aecon Group Inc

August 29, 2023 | finance.yahoo.com

Aecon Group (TSE:ARE) Has Affirmed Its Dividend Of CA$0.185

August 3, 2023 | msn.com

Aecon Group (AEGXF) Price Target Decreased by 7.08% to 10.95

June 19, 2023 | finance.yahoo.com

Aecon schedules second quarter 2023 financial results release and conference call

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

June 6, 2023 | finance.yahoo.com

Aecon announces voting results of Annual General Meeting and the appointment of Stuart Lee to Board of Directors

May 11, 2023 | finance.yahoo.com

Aecon joint venture awarded $1.3 billion Fuel Channel and Feeder Replacement contract for four units at the Bruce Nuclear Generating Station in Ontario

May 3, 2023 | theglobeandmail.com

Aecon Group: Top 10 Undervalued Industrials Sector Stocks on TSX (ARE)

May 1, 2023 | finance.yahoo.com

Aecon Completes Sale of Roadbuilding Business in Ontario to Green Infrastructure Partners

April 27, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs up on Thursday (ARE-DB-C)

April 27, 2023 | finance.yahoo.com

Aecon Group First Quarter 2023 Earnings: Beats Expectations

April 21, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs flat on Thursday (ARE-DB-C)

April 19, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs up on Wednesday (ARE-DB-C)

April 19, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs flat on Tuesday (ARE-DB-C)

April 13, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs down on Wednesday (ARE-DB-C)

April 11, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc up on Tuesday (ARE)

April 11, 2023 | theglobeandmail.com

Closing Bell: Aecon Group Inc 5.0 Pct Debs flat on Monday (ARE-DB-C)

March 1, 2023 | theglobeandmail.com

Aecon Group signs deal to sell Ontario road building business for $235-million

March 1, 2023 | finance.yahoo.com

GIP Announces Acquisition of Aecon Group's Ontario Roadbuilding Business

March 1, 2023 | marketwatch.com

Aecon Group Shares Climb 14% on C$235M Roadbuilding-Business Sale

February 18, 2023 | seekingalpha.com

AEGXF Aecon Group Inc.

January 27, 2023 | marketwatch.com

Aecon Group to Lead Construction of Ontario Nuclear-Reactor Project

January 15, 2023 | finance.yahoo.com

Shareholders in Aecon Group (TSE:ARE) are in the red if they invested five years ago

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Engineering & Construction
Sub-Industry: N/A
Sector: Industrials
Current Symbol: OTCMKTS:AEGXF
CUSIP: N/A
CIK: N/A
Web: www.aecon.com
Phone: 416 297 2600
Fax: N/A
Employees: 10,105
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $21.30
High Stock Price Target: $24.50
Low Stock Price Target: $18.00
Potential Upside/Downside: +155.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 22.85
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Jean-Louis Servranckx (Age 62)
President, CEO & Director
Comp: $2.1M
Mr. David Smales (Age 53)
Executive VP & CFO
Comp: $1.05M
Mr. Steven N. Nackan
Executive VP & President of Concessions
Mr. Eric MacDonald
Executive Vice President of Utilities
Mr. Thomas Clochard
Executive Vice President of Civil & Nuclear
Mr. Adam Borgatti C.F.A.
CPIR, Senior Vice President of Corporate Development & Investor Relations
Ms. Gordana Terkalas
Senior Vice President of Human Resources
Mr. Mark Scherer
Executive VP of Industrial & Chief Safety Officer
Mr. Mathew Kattapuram
Senior Vice President of Strategic Business Development
Mr. John Singleton
Senior Vice President of Industrial East & West

Key Competitors

View All Competitors

AEGXF Stock Analysis - Frequently Asked Questions

Should I buy or sell Aecon Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AEGXF shares.
View AEGXF analyst ratings or view top-rated stocks.
What is Aecon Group's stock price target for 2024?: 2 analysts have issued 1 year price targets for Aecon Group's stock. Their AEGXF share price targets range from $18.00 to $24.50. On average, they expect the company's share price to reach $21.30 in the next year. This suggests a possible upside of 155.1% from the stock's current price.
View analysts price targets for AEGXF or view top-rated stocks among Wall Street analysts.
How have AEGXF shares performed in 2023?: Aecon Group's stock was trading at $6.50 at the beginning of 2023. Since then, AEGXF shares have increased by 28.5% and is now trading at $8.35.
View the best growth stocks for 2023 here.
Are investors shorting Aecon Group?: Aecon Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 524,600 shares, an increase of 37.8% from the October 31st total of 380,600 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is currently 61.7 days.
View Aecon Group's Short Interest.

Is Aecon Group a good dividend stock?: Aecon Group (OTCMKTS:AEGXF) pays an annual dividend of $0.35 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 95.79%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Aecon Group?: Shares of AEGXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:AEGXF) was last updated on 11/29/2023 by MarketBeat.com Staff

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