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TSE:ARE

Aecon Group (ARE) Stock Price, News & Analysis

C$14.75
+0.31 (+2.15%)
(As of 07/19/2024 ET)
Today's Range
C$14.52
C$14.81
50-Day Range
C$14.01
C$17.17
52-Week Range
C$8.42
C$17.40
Volume
159,666 shs
Average Volume
298,874 shs
Market Capitalization
C$918.48 million
P/E Ratio
6.86
Dividend Yield
5.15%
Price Target
C$18.23

Aecon Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
23.6% Upside
C$18.23 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.40 out of 5 stars

ARE stock logo

About Aecon Group Stock (TSE:ARE)

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 on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. 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 1867 and is headquartered in Toronto, Canada.

ARE Stock Price History

ARE Stock News Headlines

Aecon Group (TSE:ARE) Price Target Lowered to C$22.00 at CIBC
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 7/3 Dividend
6/21/2024
Dividend Payable
7/03/2024
Today
7/20/2024
Next Earnings (Confirmed)
7/24/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
8,684
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$18.23
High Stock Price Target
C$25.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+23.6%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
C$165.21 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.38 billion
Cash Flow
C$12.88 per share
Book Value
C$16.92 per share

Miscellaneous

Free Float
N/A
Market Cap
C$918.48 million
Optionable
Not Optionable
Beta
1.19
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Key Executives

  • Mr. Jean-Louis Servranckx (Age 63)
    President, CEO & Director
    Comp: $2.89M
  • 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. Jerome Julier
    Executive VP & CFO
  • Mr. Adam Borgatti C.F.A.
    CPIR, Senior Vice President of Corporate Development & Investor Relations
  • Ms. Gordana Terkalas
    Chief People Officer
  • 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

ARE Stock Analysis - Frequently Asked Questions

How have ARE shares performed this year?

Aecon Group's stock was trading at C$13.07 at the beginning of 2024. Since then, ARE stock has increased by 12.9% and is now trading at C$14.75.
View the best growth stocks for 2024 here
.

How were Aecon Group's earnings last quarter?

Aecon Group Inc. (TSE:ARE) announced its quarterly earnings results on Wednesday, April, 24th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.04. The business earned $846.59 million during the quarter, compared to the consensus estimate of $1.03 billion. Aecon Group had a net margin of 3.77% and a trailing twelve-month return on equity of 16.62%.

How do I buy shares of Aecon Group?

Shares of ARE 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 other stocks do shareholders of Aecon Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aecon Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

This page (TSE:ARE) was last updated on 7/21/2024 by MarketBeat.com Staff

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