TSE:ACO.X

ATCO - ACO.X Stock Forecast, Price & News

C$44.08

-1.21 (-2.67%)

(As of 09/26/2022 12:00 AM ET)

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Today's Range: C$43.96
▼
C$45.18
50-Day Range: C$44.08
▼
C$48.39
52-Week Range: C$40.00
▼
C$48.46

Volume: 456,530 shs
Average Volume: 251,633 shs
Market Capitalization: C$5.04 billion

P/E Ratio: 13.60
Dividend Yield: 4.08%
Price Target: C$50.56

ATCO MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 14.7% Upside
C$50.56 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.06
Based on 11 Articles This Week
Insider Trading: Acquiring Shares
C$1.31 M 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.

1.90 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
ATCO has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$50.56, ATCO has a forecasted upside of 14.7% from its current price of C$44.08.
Amount of Analyst Coverage
ATCO has only been the subject of 3 research reports in the past 90 days.

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 4.08%, 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 56.17%. 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.

1.7

News and Social Media Coverage

News Sentiment
ATCO has a news sentiment score of 0.06. 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 0.38 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for ATCO this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for ACO.X on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added ATCO to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ATCO insiders have bought 75,375.78% more of their company's stock than they have sold. Specifically, they have bought C$1,308,750.00 in company stock and sold C$1,734.00 in company stock.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ATCO is 13.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of ATCO is 13.60, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 109.43.
Price to Earnings Growth Ratio
ATCO has a PEG Ratio of 7.87. 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 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ATCO (TSE:ACO.X) Stock

ATCO Ltd., together with its subsidiaries, provides 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 of commercial and industrial properties; and bulk cargo and port operation services, as well as operates container port facilities. The company's portfolio includes 14 commercial real estate properties, including 417,000 square feet of office property, 60,000 square feet of industrial property, and 315 acres of land. In addition, it engages in electricity generation, distribution, transmission, and related infrastructure services; natural gas distribution; owns and operates natural gas transmission pipelines in Alberta, Saskatchewan, and northern regions of Canada, as well as in Western Australia; and builds, owns, and operates non-regulated industrial water, natural gas storage, natural gas liquids storage, and natural gas related infrastructure to serve the midstream and petrochemical sectors. Further, it sells electricity and natural gas to residential and commercial customers; and provides natural gas appliance demonstrations and small cooking schools for homemakers. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

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ACO.X Stock News Headlines

September 26, 2022 | nasdaq.com

Pre-Market Most Active for Sep 26, 2022 : TQQQ, SQQQ, LVTX, TSLA, QQQ, KO, AMC, XPEV, AAPL, NIO, F, ATCO - Nasdaq

September 26, 2022 | seekingalpha.com

ATCO, CPRT and TEN among pre market gainers - Seeking Alpha

September 26, 2022 | businesswire.com

POSEIDON ACQUISITION CORP. UNILATERALLY INCREASES ITS BID PRICE TO ACQUIRE ALL COMMON SHARES OF ATLAS CORP. NOT CONTROLLED BY ITS MAJORITY SHAREHOLDERS TO $15.50 PER SHARE IN CASH - Business Wire

September 23, 2022 | reuters.com

Medical device makers see little impact from Fiona on Puerto Rico operations - Reuters Canada

September 23, 2022 | americanbankingnews.com

ATCO (TSE:ACO.X) Price Target Lowered to C$50.00 at BMO Capital Markets

September 21, 2022 | fool.ca

Want Easy Passive Income? Go with These 2 Canadian Dividend Aristocrats - The Motley Fool Canada

September 21, 2022 | reuters.com

1.2 mln customers still without power in Puerto Rico after Fiona - Reuters

September 21, 2022 | investing.com

French telecoms tycoon Niel buys 2.5% stake in Vodafone By Reuters - Investing.com

September 20, 2022 | benzinga.com

The Washington Companies Announces Executive Leadership Succession - Atlas (NYSE:ATCO) - Benzinga

September 19, 2022 | reuters.com

Explainer: What has happened to Puerto Rico's power grid since Hurricane Maria? - Reuters

September 15, 2022 | finance.yahoo.com

Pre-Engineered Buildings Global Market Report 2022 - Yahoo Finance

September 15, 2022 | benzinga.com

Atlas (NYSE:ATCO) – Seaspan Announces Update Regarding Order For Four 7,700 TEU Dual-Fuel LNG Containersh - Benzinga

September 13, 2022 | ugawire.usatoday.com

UGA football offers top recruit in New Jersey - UGA Wire

September 9, 2022 | msn.com

'The situation is precarious': Ongoing power outages in Jasper as wildfire burns - msnNOW

September 7, 2022 | seekingalpha.com

Albright Capital to vote 'no' on $14.45/share takeover bid (NYSE:ATCO) - Seeking Alpha

September 7, 2022 | seekingalpha.com

Atlas Owners Shrug (NYSE:ATCO) - Seeking Alpha

September 5, 2022 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At ATCO (TSE:ACO.X) - Yahoo Finance

September 3, 2022 | finance.yahoo.com

Direct Energy Regulated Services Announces Electric Rates for September 2022 - Yahoo Finance

August 30, 2022 | investing.com

Vehicle pedestrian safety systems struggle to see in the dark By Reuters - Investing.com

August 19, 2022 | seekingalpha.com

Atlas stock ticks higher after disclosing board formed special committee on takeover bid - Seeking Alpha

August 13, 2022 | nasdaq.com

BlackRock (BLK) Launches Bitcoin Trust, Expands Crypto Exposure - Nasdaq

August 12, 2022 | nasdaq.com

SCZ, INMD, FVRR, ATCO: Large Outflows Detected at ETF - Nasdaq

August 10, 2022 | nasdaq.com

Best Value Stocks to Buy for August 10th - Nasdaq

August 5, 2022 | seekingalpha.com

Hot Stocks: NET, FUBO jump following quarterly updates; TWLO drops; ATCO takeover bid - Seeking Alpha

August 4, 2022 | streetinsider.com

Chairman Of Atlas Corp. (ATCO) Fairfax Financial, Washington Family Partner With Ocean Network Express To Jointly Propose Acquiring All Common Shares Of Atlas Corp. For $14.45/Share - StreetInsider.com

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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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: 6,358
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$50.56
High Stock Price Forecast: C$55.00
Low Stock Price Forecast: C$46.00
Forecasted Upside/Downside: +14.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.56
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 13.60
Forward P/E Ratio: 12.96
P/E Growth: 7.87
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: 125.47
Current Ratio: 1.62
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: C$4.72 billion
Price / Sales: 1.07
Cash Flow: C$12.63 per share
Price / Cash Flow: 3.49
Book Value: C$37.52 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 114,397,000
Free Float: N/A
Market Cap: C$5.04 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Nancy C. Southern (Age 65)
Chair & CEO
Comp: $1.03M

Ms. Katherine-Jane Patrick (Age 43)
Exec. VP and Chief Financial & Investment Officer
Comp: $835k

Mr. Robert J. Myles (Age 57)
Exec. VP of Corp. Devel.
Comp: $1.02M

Mr. Adam M. Beattie (Age 41)
Pres of Structures - ATCO Structures & Logistics Ltd.
Comp: $832.04k

Mr. Brian P. Shkrobot (Age 49)
Exec. VP & CFO of Canadian Utilities Limited
Comp: $740.71k

Ms. Sarah J. Shortreed
Exec. VP & CTO

Mr. Myles Dougan
Director of Investor Relations

Mr. Kurt Kadatz
Sr. Mang. of Corp. Communications

Mr. Wayne K. Stensby (Age 55)
Exec. VP of Puerto Rico

Mr. Jim Landon
Pres of Frontec

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACO.X Stock - Frequently Asked Questions

Should I buy or sell ATCO stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ATCO in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACO.X shares.
View ACO.X analyst ratings or view top-rated stocks.
What is ATCO's stock price forecast for 2022?: 9 equities research analysts have issued 1 year target prices for ATCO's shares. Their ACO.X share price forecasts range from C$46.00 to C$55.00. On average, they expect the company's stock price to reach C$50.56 in the next year. This suggests a possible upside of 14.7% 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 2022?: ATCO's stock was trading at C$42.70 at the start of the year. Since then, ACO.X shares have increased by 3.2% and is now trading at C$44.08.
View the best growth stocks for 2022 here.
Is ATCO a good dividend stock?: ATCO (TSE:ACO.X) pays an annual dividend of C$1.82 per share and currently has a dividend yield of 4.08%. 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 56.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACO.X.

What is ATCO's stock symbol?: ATCO trades on the Toronto Stock Exchange (TSX) under the ticker symbol "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.
What is ATCO's stock price today?: One share of ACO.X stock can currently be purchased for approximately C$44.08.
How much money does ATCO make?: ATCO (TSE:ACO.X) has a market capitalization of C$5.04 billion and generates C$4.72 billion in revenue each year.
How many employees does ATCO have?: The company employs 6,358 workers across the globe.
How can I contact ATCO?: ATCO's mailing address is 700-909 11 Ave SW, CALGARY, AB T2R 1N6, Canada. The official website for the company is www.atco.com. The company can be reached via phone at +1-403-2927500.

This page (TSE:ACO.X) was last updated on 9/27/2022 by MarketBeat.com Staff

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ATCO - ACO.X Stock Forecast, Price & News

ATCO MarketRank™ Forecast

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ATCO (TSE:ACO.X) Stock

ACO.X Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ACO.X Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™