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DOW   37,775.38
QQQ   423.41
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
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Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?

ATCO (ACO.X) Competitors

C$36.21
+0.56 (+1.57%)
(As of 04/18/2024 ET)

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

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

ATCO vs.

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

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

Company Net Margins Return on Equity Return on Assets
Canadian Utilities18.63% 10.08% 2.87%
ATCO 9.11%9.73%3.14%

Canadian Utilities received 222 more outperform votes than ATCO when rated by MarketBeat users. Likewise, 59.97% of users gave Canadian Utilities an outperform vote while only 46.22% of users gave ATCO an outperform vote.

CompanyUnderperformOutperform
Canadian UtilitiesOutperform Votes
430
59.97%
Underperform Votes
287
40.03%
ATCOOutperform Votes
208
46.22%
Underperform Votes
242
53.78%

Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 6.1%. ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 5.4%. 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. ATCO pays out 51.3% of its earnings in the form of a dividend.

In the previous week, Canadian Utilities had 6 more articles in the media than ATCO. MarketBeat recorded 9 mentions for Canadian Utilities and 3 mentions for ATCO. Canadian Utilities' average media sentiment score of 0.46 beat ATCO's score of -0.11 indicating that ATCO is being referred to more favorably in the news media.

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

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

Canadian Utilities has higher earnings, but lower revenue 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
Canadian UtilitiesC$3.80B1.60C$630MC$2.3312.80
ATCOC$4.74B0.76C$432MC$3.829.48

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

Canadian Utilities presently has a consensus price target of C$35.71, suggesting a potential upside of 19.77%. ATCO has a consensus price target of C$45.50, suggesting a potential upside of 25.66%. Given Canadian Utilities' stronger consensus rating and higher possible upside, analysts plainly believe ATCO is more favorable than Canadian Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Utilities
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14
ATCO
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Canadian Utilities and ATCO tied by winning 10 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$3.61BC$9.06BC$11.23BC$5.24B
Dividend Yield5.21%4.30%4.31%5.52%
P/E Ratio9.48313.0376.6623.81
Price / Sales0.7630.2725.981,341.36
Price / Cash3.8715.2617.6779.46
Price / Book0.922.671.783.09
Net IncomeC$432MC$439.66MC$581.03MC$296.80M
7 Day Performance-1.01%-0.53%-0.70%-1.55%
1 Month Performance-4.08%0.34%-1.04%14.77%
1 Year Performance-18.85%-3.45%-4.83%18.31%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.1222 of 5 stars
C$30.86
+1.3%
C$35.71
+15.7%
-22.5%C$6.31BC$3.80B13.249,018Upcoming Earnings
BLX
Boralex
3.1866 of 5 stars
C$28.43
+1.6%
C$40.75
+43.3%
-32.7%C$2.92BC$1.02B37.41753
CPX
Capital Power
3.3612 of 5 stars
C$37.08
+0.3%
C$46.27
+24.8%
-14.8%C$4.68BC$4.07B6.14737
TA
TransAlta
3.9638 of 5 stars
C$8.56
+0.7%
C$15.80
+84.6%
-26.3%C$2.63BC$3.36B3.671,257
SPB
Superior Plus
2.8492 of 5 stars
C$9.72
+0.1%
C$12.69
+30.5%
-14.2%C$2.42BC$3.35B42.2617,113
INE
Innergex Renewable Energy
3.2317 of 5 stars
C$8.23
+2.0%
C$13.36
+62.3%
-43.7%C$1.68BC$1.04B-16.14602
NPI
Northland Power
3.3932 of 5 stars
C$22.50
+0.9%
C$32.21
+43.1%
-37.1%C$5.75BC$2.23B-31.251,150
AQN
Algonquin Power & Utilities
0.2911 of 5 stars
C$8.61
+0.9%
C$9.25
+7.4%
-25.3%C$5.94BC$2.70B215.253,946Analyst Revision
Positive News
BEPC
Brookfield Renewable
0 of 5 stars
33.22
-0.1%
N/A-32.1%$5.97B$4.55B-24.251,890
BIPC
Brookfield Infrastructure
0 of 5 stars
45.51
+0.3%
N/A-32.0%$6.00B$2.50B39.571,700

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This page (TSE:ACO.X) was last updated on 4/19/2024 by MarketBeat.com Staff

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