ATCO (ACO.X) Competitors

C$37.77
+0.90 (+2.44%)
(As of 04/25/2024 ET)

ACO.X vs. CU, BLX, TA, CPX, SPB, BIPC, BEPC, AQN, NPI, and INE

Should you be buying ATCO stock or one of its competitors? The main competitors of ATCO include Canadian Utilities (CU), Boralex (BLX), TransAlta (TA), Capital Power (CPX), Superior Plus (SPB), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), Algonquin Power & Utilities (AQN), Northland Power (NPI), and Innergex Renewable Energy (INE). These companies are all part of the "utilities" sector.

ATCO vs.

ATCO (TSE:ACO.X) and Canadian Utilities (TSE:CU) are both mid-cap utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, earnings, analyst recommendations, media sentiment, valuation, profitability, dividends, community ranking and institutional ownership.

In the previous week, Canadian Utilities had 5 more articles in the media than ATCO. MarketBeat recorded 12 mentions for Canadian Utilities and 7 mentions for ATCO. Canadian Utilities' average media sentiment score of -0.19 beat ATCO's score of -0.37 indicating that Canadian Utilities is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ATCO
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Utilities
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 5.2%. Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 5.9%. ATCO pays out 51.3% of its earnings in the form of a dividend. Canadian Utilities pays out 77.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Canadian Utilities received 220 more outperform votes than ATCO when rated by MarketBeat users. Likewise, 59.81% of users gave Canadian Utilities an outperform vote while only 46.46% of users gave ATCO an outperform vote.

CompanyUnderperformOutperform
ATCOOutperform Votes
210
46.46%
Underperform Votes
242
53.54%
Canadian UtilitiesOutperform Votes
430
59.81%
Underperform Votes
289
40.19%

ATCO has a beta of 0.68, meaning that its share price is 32% less volatile than the S&P 500. Comparatively, Canadian Utilities has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500.

Canadian Utilities has lower revenue, but higher earnings than ATCO. ATCO is trading at a lower price-to-earnings ratio than Canadian Utilities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ATCOC$4.74B0.79C$432MC$3.829.89
Canadian UtilitiesC$3.80B1.65C$630MC$2.3313.15

ATCO presently has a consensus price target of C$45.00, indicating a potential upside of 19.14%. Canadian Utilities has a consensus price target of C$35.29, indicating a potential upside of 15.16%. Given ATCO's stronger consensus rating and higher probable upside, equities analysts plainly believe ATCO is more favorable than Canadian Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ATCO
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Canadian Utilities
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14

Canadian Utilities has a net margin of 18.63% compared to ATCO's net margin of 9.11%. Canadian Utilities' return on equity of 10.08% beat ATCO's return on equity.

Company Net Margins Return on Equity Return on Assets
ATCO9.11% 9.73% 3.14%
Canadian Utilities 18.63%10.08%2.87%

28.8% of ATCO shares are held by institutional investors. Comparatively, 15.4% of Canadian Utilities shares are held by institutional investors. 0.7% of ATCO shares are held by insiders. Comparatively, 38.2% of Canadian Utilities shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Canadian Utilities beats ATCO on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ACO.X and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ACO.X vs. The Competition

MetricATCOUtilities IndustryUtilities SectorTSE Exchange
Market CapC$3.77BC$8.22BC$12.51BC$5.29B
Dividend Yield5.21%4.35%4.21%5.50%
P/E Ratio9.89316.6581.0723.84
Price / Sales0.7930.6525.731,418.34
Price / Cash3.8715.7717.6779.30
Price / Book0.962.621.843.11
Net IncomeC$432MC$433.56MC$582.12MC$296.24M
7 Day Performance4.31%1.47%1.20%0.56%
1 Month Performance0.08%1.07%-0.35%14.17%
1 Year Performance-16.57%-1.93%-3.20%21.35%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.2427 of 5 stars
C$29.62
-1.6%
C$35.71
+20.6%
-22.2%C$6.05BC$3.80B12.719,018Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
BLX
Boralex
3.7272 of 5 stars
C$26.40
-3.4%
C$40.75
+54.4%
-32.0%C$2.71BC$1.02B34.74753Analyst Report
Analyst Revision
News Coverage
TA
TransAlta
4.0893 of 5 stars
C$8.45
+0.6%
C$15.80
+87.0%
-23.8%C$2.60BC$3.36B3.631,257Analyst Revision
News Coverage
CPX
Capital Power
3.4962 of 5 stars
C$35.93
-1.1%
C$46.27
+28.8%
-17.8%C$4.54BC$4.07B5.95737Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
SPB
Superior Plus
2.0373 of 5 stars
C$9.25
flat
C$12.69
+37.2%
-15.2%C$2.30BC$3.35B40.2217,113
BIPC
Brookfield Infrastructure
0 of 5 stars
39.93
-1.4%
N/A-25.8%$5.27B$2.50B34.721,700Upcoming Earnings
High Trading Volume
BEPC
Brookfield Renewable
0 of 5 stars
29.81
-1.8%
N/A-30.5%$5.36B$4.55B-21.601,890News Coverage
AQN
Algonquin Power & Utilities
0.2533 of 5 stars
C$7.84
-2.2%
C$9.25
+18.0%
-26.8%C$5.41BC$2.70B196.003,946
NPI
Northland Power
2.7898 of 5 stars
C$21.28
-2.0%
C$32.21
+51.4%
-36.5%C$5.44BC$2.23B-29.561,150Analyst Downgrade
INE
Innergex Renewable Energy
3.8027 of 5 stars
C$7.86
-1.1%
C$13.36
+70.0%
-41.7%C$1.61BC$1.04B-15.41602

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This page (TSE:ACO.X) was last updated on 4/25/2024 by MarketBeat.com Staff

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