Should I buy or sell ATCO stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ATCO in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACO.X shares. View ACO.X analyst ratings or view top-rated stocks .

What is ATCO's stock price target for 2024?

7 Wall Street analysts have issued 12-month price objectives for ATCO's stock. Their ACO.X share price targets range from C$38.00 to C$49.00. On average, they predict the company's stock price to reach C$45.86 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for ACO.X or view top-rated stocks among Wall Street analysts .

How have ACO.X shares performed in 2023?

ATCO's stock was trading at C$42.38 at the start of the year. Since then, ACO.X shares have decreased by 11.3% and is now trading at C$37.58. View the best growth stocks for 2023 here .

Is ATCO a good dividend stock?

ATCO (TSE:ACO.X) pays an annual dividend of C$1.90 per share and currently has a dividend yield of 5.09%. ACO.X has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.63%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ACO.X .

How do I buy shares of ATCO?

Shares of ACO.X 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. Compare Top Brokerages Here .

ATCO Stock Price, News & Analysis (TSE:ACO.X)

C$37.42

-0.16 (-0.43%)

(As of 11:55 AM ET)

Compare

Today's Range: C$37.17
▼
C$37.51
50-Day Range: C$33.47
▼
C$38.33
52-Week Range: C$32.90
▼
C$45.59

Volume: 56,882 shs
Average Volume: 235,322 shs
Market Capitalization: C$3.77 billion

P/E Ratio: 10.17
Dividend Yield: 5.08%
Price Target: C$45.86

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

ATCO MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 22.0% Upside
C$45.86 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$767,916 Bought Last Quarter
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.

2.74 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
ATCO has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$45.86, ATCO has a forecasted upside of 22.0% from its current price of C$37.58.
Amount of Analyst Coverage
ATCO has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ACO.X.

2.5

Dividend Strength

Dividend Leadership
ATCO is a leading dividend payer. It pays a dividend yield of 5.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ATCO does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ATCO is 51.63%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.5

News and Social Media Coverage

News Sentiment
ATCO has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for ATCO this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for ACO.X on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ATCO insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$767,916.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
26.94% of the stock of ATCO is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 27.28% of the stock of ATCO is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ATCO is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of ATCO is 10.21, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 103.34.
Price to Earnings Growth Ratio
ATCO has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ATCO has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ATCO Stock (TSE:ACO.X)

ATCO Ltd., together with its subsidiaries, engages in the provision of housing, logistics and transportation, agriculture, water, real estate, and energy and energy infrastructure solutions in Canada, Australia, and internationally. The company offers workforce and residential housing, modular facilities, construction and site support, workforce lodging, facility operations and maintenance, defense operations, and disaster and emergency management services. It also provides commercial real estate services, including sale, lease, and development of commercial and industrial properties; and engages in processing and marketing of fly ash. In addition, it generates electricity through hydro, solar, wind, and natural gas facilities, as well as provides electricity distribution, transmission, storage, and related infrastructure services; offers natural gas transmission, distribution, storage, and retail sales; natural gas liquids storage services; and provides integrated water services, including pipeline transportation, storage, water treatment, recycling, and disposal to various industrial customers. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

ACO.X Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACO.X Stock News Headlines

December 4, 2023 | ca.style.yahoo.com

Twilio lays off another 5% of employees following activist pressure

December 1, 2023 | msn.com

ATCO Electric Yukon has consistently exceeded profit guidelines set by the Yukon Utilities Board

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

November 25, 2023 | morningstar.com

Atco Ltd Registered Shs -I- Non Vtg ACO.X

November 20, 2023 | finance.yahoo.com

ALBERTA COMMUNITIES BENEFIT FROM ATCO'S ENERGY TRANSITION GRANTS

October 26, 2023 | finance.yahoo.com

ATCO REPORTS THIRD QUARTER 2023 EARNINGS

October 23, 2023 | msn.com

Dividend-Yielding Blue Chips: Canada’s Prime Investment Opportunities

October 20, 2023 | finance.yahoo.com

Did ATCO Ltd. (TSE:ACO.X) Use Debt To Deliver Its ROE Of 8.8%?

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

October 19, 2023 | markets.businessinsider.com

CIBC Thinks ATCO Ltd Cl I NV’s Stock is Going to Recover

August 5, 2023 | finance.yahoo.com

ATCO Chair & CEO Acquires 6.2% More Stock

July 27, 2023 | finance.yahoo.com

ATCO's (TSE:ACO.X) Returns Have Hit A Wall

July 26, 2023 | markets.businessinsider.com

RBC Capital Maintains a Hold Rating on ATCO Ltd Cl I NV (ACO.X)

May 31, 2023 | finance.yahoo.com

ATCO SUPPORTS COMMUNITIES THAT WE SERVE AFFECTED BY THE WILDFIRES

May 21, 2023 | finance.yahoo.com

ATCO (TSE:ACO.X) Is Paying Out A Larger Dividend Than Last Year

May 11, 2023 | finance.yahoo.com

ATCO LTD. REPORTS DIRECTOR ELECTION VOTING RESULTS

October 17, 2022 | nasdaq.com

Atlas (ATCO) Upgraded to Strong Buy: Here's Why - Nasdaq

October 17, 2022 | nasdaq.com

Ex-Dividend Reminder: Atlas, Compass Diversified and Tekla Healthcare Opportunies Fund - Nasdaq

October 12, 2022 | stockhouse.com

2022-10-12 | NYSE:ATCO | Press Release | Atlas Corp. - Stockhouse

October 10, 2022 | nj.com

Driver killed when car hits rear of dump truck, police say - NJ.com

October 8, 2022 | nasdaq.com

Energy Sector Update for 10/07/2022: EGY,TGA,TGL.TO,ATCO,FFH.TO,STNG,TRGP - Nasdaq

October 7, 2022 | nasdaq.com

Energy Sector Update for 10/07/2022: ATCO, STNG, TRGP, NLSN - Nasdaq

October 7, 2022 | nasdaq.com

Pre-Market Most Active for Oct 7, 2022 : TLRY, TQQQ, SQQQ, CGC, TWTR, LI, AMD, NIO, ATCO, CCL, CS, F - Nasdaq

October 7, 2022 | seekingalpha.com

Atlas, Poseidon confirm 'meaningful progress' in deal talks (NYSE:ATCO) - Seeking Alpha

October 6, 2022 | stockhouse.com

2022-10-06 | TSX:ACO.X | Press Release | Atco Ltd. - Class I - Stockhouse

October 6, 2022 | benzinga.com

Atlas Declares Quarterly Dividends on Common and Preferred Shares - Atlas (NYSE:ATCO) - Benzinga

October 6, 2022 | benzinga.com

ATCO TO RELEASE THIRD QUARTER 2022 RESULTS ON OCTOBER 27, 2022 - Benzinga

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Utilities - Diversified
Sub-Industry: N/A
Sector: Utilities
Current Symbol: TSE:ACO.X
CUSIP: N/A
CIK: N/A
Web: www.atco.com
Phone: +1-403-2927500
Fax: N/A
Employees: 7,580
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$45.86
High Stock Price Target: C$49.00
Low Stock Price Target: C$38.00
Potential Upside/Downside: +22.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.68
Trailing P/E Ratio: 10.17
Forward P/E Ratio: 9.90
P/E Growth: 3.8
Net Income: C$418 million
Net Margins: 8.59%
Pretax Margin: N/A
Return on Equity: 9.40%
Return on Assets: 3.38%

Debt

Debt-to-Equity Ratio: 133.81
Current Ratio: 1.02
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: C$4.87 billion
Price / Sales: 0.77
Cash Flow: C$9.66 per share
Price / Cash Flow: 3.87
Book Value: C$38.65 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 100,850,000
Free Float: N/A
Market Cap: C$3.77 billion
Optionable: Not Optionable
Beta: 0.71

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Key Executives

Ms. Nancy C. Southern (Age 66)
Chair & CEO
Comp: $2.83M
Ms. Katherine-Jane Patrick (Age 44)
Executive VP and Chief Financial & Investment Officer
Comp: $987.78k
Mr. Robert J. Myles B. Eng. (Age 58)
B.Sc., P.Eng., Chief Operating Officer of ATCO EnPower
Comp: $1.29M
Mr. Adam M. Beattie (Age 42)
President of Structures - ATCO Structures & Logistics Ltd.
Comp: $1.3M
Ms. Rebecca A. Penrice (Age 48)
Executive Vice President of Corporate Services
Comp: $1.25M
Mr. Myles Dougan
Director of Investor Relations
Mr. Kyle M. Brunner
Senior VP, General Counsel & Corporate Secretary
Mr. Kurt Kadatz
Senior Manager of Corporate Communications
Mr. Wayne K. Stensby (Age 56)
Chief Operating Officer of ATCO Energy Systems
Comp: $783.51k
Mr. Jim Landon
President of Frontec

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ACO.X Stock Analysis - Frequently Asked Questions

Should I buy or sell ATCO stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ATCO in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACO.X shares.
View ACO.X analyst ratings or view top-rated stocks.
What is ATCO's stock price target for 2024?: 7 Wall Street analysts have issued 12-month price objectives for ATCO's stock. Their ACO.X share price targets range from C$38.00 to C$49.00. On average, they predict the company's stock price to reach C$45.86 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for ACO.X or view top-rated stocks among Wall Street analysts.
How have ACO.X shares performed in 2023?: ATCO's stock was trading at C$42.38 at the start of the year. Since then, ACO.X shares have decreased by 11.3% and is now trading at C$37.58.
View the best growth stocks for 2023 here.

Is ATCO a good dividend stock?: ATCO (TSE:ACO.X) pays an annual dividend of C$1.90 per share and currently has a dividend yield of 5.09%. ACO.X has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACO.X.
How do I buy shares of ATCO?: Shares of ACO.X 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.
Compare Top Brokerages Here.

This page (TSE:ACO.X) was last updated on 12/6/2023 by MarketBeat.com Staff

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ATCO Stock Price, News & Analysis (TSE:ACO.X)

ATCO MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About ATCO Stock (TSE:ACO.X)

ACO.X Stock Price History

ACO.X Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ACO.X Stock Analysis - Frequently Asked Questions

Overall MarketRank^™