
TSE:ACO.X
This summary was created by AI, based on 4 opinions in the last 12 months.
Atco Ltd (ACO.X-T) has garnered positive feedback from various experts, particularly in its modular housing segment, which is experiencing significant growth due to Canada's infrastructure initiatives. This aspect of the business is driving bullish sentiments, highlighting its potential for future profitability. Additionally, Atco's logistics operations, which include a substantial stake in CU and developments in South America, further bolster its position in the market. The company's relatively low volatility and consistent upward trend in stock performance since late 2023 have caught the attention of analysts. The price target is set at $67.43, suggesting optimism about its future. Overall, with a yielding of 3.08%, Atco appears well-placed to capitalize on rising demand for its utilities and housing solutions.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has $9B in net debt against $1.4B in cash flow. Payout ratio is very good at only 14%. Profit margins are also positive.The company generates positive free cash flow, with a nice dividend of 4.3%. A solid income stock. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company pays a solid and secure dividend. The valuation is low and it is stable. 5i would be comfortable owning this today. Unlock Premium - Try 5i Free
(A Top Pick May 20/22, Down 7%)
Has 20 years of dividend increases. But rising interest rates are competition for dividend-paying utilities. That said, long term this is a good company.