TSE:ARE

Aecon Group Stock Forecast, Price & News

C$20.12

-0.14 (-0.69 %)

(As of 09/28/2021 03:58 PM ET)

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Today's Range

C$19.71

▼

C$20.24

50-Day Range

C$18.20

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C$21.94

52-Week Range

C$13.45

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C$22.28

Volume268,948 shs

Average Volume236,058 shs

Market CapitalizationC$1.21 billion

P/E Ratio13.27

Dividend Yield3.46%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Aecon Group

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 primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, construction, financing, and operation of construction projects by way of public-private partnership contract structures. 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 1877 and is headquartered in Toronto, Canada.

Aecon schedules third quarter 2021 financial results release and conference call
September 23, 2021 | finance.yahoo.com

Aecon Group Inc. (TSE:ARE) to Issue $0.18 Quarterly Dividend
September 21, 2021 | americanbankingnews.com

Construct Your Portfolio Wisely With This Top TSX Infrastructure Stock
September 19, 2021 | ca.finance.yahoo.com

Should You Buy Aecon Group Inc. (TSE:ARE) For Its Upcoming Dividend?
September 18, 2021 | finance.yahoo.com

Have $500? 3 Cheap Stocks to Buy in September
September 5, 2021 | ca.finance.yahoo.com

3 Cheap Stocks Every Millennial Needs Right Now
August 31, 2021 | msn.com

3 Cheap Stocks to Buy on the TSX Today
August 19, 2021 | msn.com

1 of the Best Canadian Stocks to Buy Remains Super Undervalued
July 27, 2021 | ca.finance.yahoo.com

TSX Slightly Red
July 26, 2021 | baystreet.ca

TSX Continues in Green
July 23, 2021 | baystreet.ca

See More Headlines

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Engineering & Construction
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:ARE
Previous Symbol
CUSIP: N/A
CIK: N/A
Web: www.aecon.com
Phone: +1-416-2972600
Employees: 470
Year Founded: N/A

Sales & Book Value

Annual Sales: C$3.84 billion
Price / Sales: 0.32
Cash Flow: C$9.31 per share
Price / Cash Flow: 2.16
Book Value: C$14.25 per share
Price / Book: 1.41

Profitability

EPS (Most Recent Fiscal Year): N/A
Net Income: N/A
Net Margins: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 87.44
Current Ratio: 1.46
Quick Ratio: 1.34

Price-To-Earnings

Trailing P/E Ratio: 13.27
Forward P/E Ratio: 15.48
P/E Growth: 3.37

Miscellaneous

Outstanding Shares: 60,318,000
Market Cap: C$1.21 billion
Next Earnings Date: 11/4/2021 (Estimated)
Optionable: Optionable

MarketRank^™

Overall MarketRank^™

2.27 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
Aecon Group has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$22.19, Aecon Group has a forecasted upside of 11.9% from its current price of C$19.83.
Amount of Analyst Coverage
Aecon Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0 Community Rank

Outperform Votes
Aecon Group has received 455 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Aecon Group has received 142 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Aecon Group has received 76.21% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Aecon Group and other stocks. Vote “Outperform” if you believe ARE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Aecon Group pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Aecon Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Aecon Group is 44.20%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aecon Group insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aecon Group is 13.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aecon Group is 13.08, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 13.60.
Price to Earnings Growth Ratio
Aecon Group has a PEG Ratio of 3.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Aecon Group has a P/B Ratio of 1.39. 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

Aecon Group (TSE:ARE) Frequently Asked Questions

Is Aecon Group a buy right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Aecon Group stock.
View analyst ratings for Aecon Group or view top-rated stocks.
What stocks does MarketBeat like better than Aecon Group?: Wall Street analysts have given Aecon Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Aecon Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.
When is Aecon Group's next earnings date?: Aecon Group is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Aecon Group.
How were Aecon Group's earnings last quarter?: Aecon Group Inc. (TSE:ARE) announced its earnings results on Thursday, July, 22nd. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.09. The firm had revenue of $971.29 million for the quarter, compared to the consensus estimate of $933.14 million.
View Aecon Group's earnings history.
How has Aecon Group's stock price been impacted by COVID-19?: Aecon Group's stock was trading at C$15.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARE stock has increased by 25.9% and is now trading at C$19.92.
View which stocks have been most impacted by COVID-19.
How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?: Aecon Group announced a quarterly dividend on Thursday, September 23rd. Investors of record on Monday, October 4th will be paid a dividend of 0.175 per share on Monday, October 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date is Thursday, September 23rd.
View Aecon Group's dividend history.
Is Aecon Group a good dividend stock?: Aecon Group pays an annual dividend of C$0.67 per share and currently has a dividend yield of 3.46%. The dividend payout ratio of Aecon Group is 44.20%. This payout ratio is at a healthy, sustainable level, below 75%.
View Aecon Group's dividend history.
What price target have analysts set for ARE?: 8 analysts have issued 12 month target prices for Aecon Group's stock. Their forecasts range from C$20.00 to C$26.00. On average, they expect Aecon Group's share price to reach C$22.19 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts' price targets for Aecon Group or view top-rated stocks among Wall Street analysts.
Who are Aecon Group's key executives?: Aecon Group's management team includes the following people:
Mr. Jean-Louis Servranckx, Pres, CEO & Director (Age 60, Pay $2.6M)
Mr. David Smales, Exec. VP & CFO (Age 51, Pay $1.46M)
Mr. Yonni Fushman, Exec. VP, Chief Sustainability Officer, Chief Legal Officer & Sec.
Mr. Steven N. Nackan, Exec. VP & Pres of Concessions
Mr. Mark Scherer, Exec. VP of Industrial & Chief Safety Officer
Mr. Adam Borgatti, Sr. VP of Corp. Devel. & Investor Relations
Ms. Gordana Terkalas, Sr. VP of HR
Mr. Mathew Kattapuram, Sr. VP of Strategic Bus. Devel.
Mr. John Singleton, Sr. VP of Industrial East & West
Mr. Alistair MacCallum, Sr. VP of Fin.
Who are some of Aecon Group's key competitors?: Some companies that are related to Aecon Group include Hill & Smith (HILS), Badger Daylighting (BAD), Bilfinger (GBF), Morgan Sindall Group (MGNS), Keller Group (KLR), Kier Group (KIE), Bird Construction (BDT), IBI Group (IBG), BAUER Aktiengesellschaft (B5A), Premier Technical Services Group (PTSG), Severfield (SFR), Costain Group (COST), Sureserve Group (SUR), Nexus Infrastructure (NEXS) and RA International Group (RAI).
View all of ARE's competitors.
What other stocks do shareholders of Aecon Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aecon Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), The Toronto-Dominion Bank (TD) and Rogers Communications (RCI).
What is Aecon Group's stock symbol?: Aecon Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ARE."
How do I buy shares of Aecon Group?: Shares of ARE 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 Aecon Group's stock price today?: One share of ARE stock can currently be purchased for approximately C$19.92.
How much money does Aecon Group make?: Aecon Group has a market capitalization of C$1.20 billion and generates C$3.84 billion in revenue each year.
How many employees does Aecon Group have?: Aecon Group employs 470 workers across the globe.
What is Aecon Group's official website?: The official website for Aecon Group is www.aecon.com.
Where are Aecon Group's headquarters?: Aecon Group is headquartered at 20 Carlson Crt, Sute 800, ETOBICOKE, ON M9W 7K6, Canada.
How can I contact Aecon Group?: Aecon Group's mailing address is 20 Carlson Crt, Sute 800, ETOBICOKE, ON M9W 7K6, Canada. The company can be reached via phone at +1-416-2972600.

This page was last updated on 9/28/2021 by MarketBeat.com Staff

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Aecon Group Stock Forecast, Price & News

About Aecon Group

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

MarketRank™

Overall MarketRank™

3.4 Analyst's Opinion

5.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

0.0 Company Ownership

1.3 Earnings and Valuation

Aecon Group (TSE:ARE) Frequently Asked Questions

Is Aecon Group a buy right now?

What stocks does MarketBeat like better than Aecon Group?

When is Aecon Group's next earnings date?

How were Aecon Group's earnings last quarter?

How has Aecon Group's stock price been impacted by COVID-19?

How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?

Is Aecon Group a good dividend stock?

What price target have analysts set for ARE?

Who are Aecon Group's key executives?

Who are some of Aecon Group's key competitors?

What other stocks do shareholders of Aecon Group own?

What is Aecon Group's stock symbol?

How do I buy shares of Aecon Group?

What is Aecon Group's stock price today?

How much money does Aecon Group make?

How many employees does Aecon Group have?

What is Aecon Group's official website?

Where are Aecon Group's headquarters?

How can I contact Aecon Group?

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