Aecon Group Inc (ARE.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Aecon Group Inc (ARE.TO)

43.58

-0.07 (0.16%)

as of Jun 18, 2026, 4:54:23 pm Market Open.

427 watching

Investor Insights

Jun 18, 2026, 12:00 am

This summary was created by AI, based on 20 opinions in the last 12 months.

Aecon Group Inc (ARE-T) is currently navigating a landscape shaped by significant infrastructure investment in Canada, reflected in a record backlog of $10.9 billion. Despite strong revenue growth of 18% last quarter, experts advise caution due to prevailing market volatility and concerns over cost overruns from legacy fixed-price contracts. Many analysts highlight the company's shift towards more sustainable fee-for-service contracts and variable pricing, which enhance cash flow predictability and earnings stability. With ongoing projects in nuclear power and increasing demand for infrastructure, Aecon is poised for potential growth, although some perceive the stock as overbought at its current levels. Overall, experts remain optimistic about its long-term prospects while acknowledging near-term market pressures and volatility.

Consensus

Hold

Valuation

Fair Value

Similar

WSP

DON'T BUY

Wants to see some changes in the earnings profile before he goes in. Looking at the economic backdrop, they should be very well positioned. Have been struggling in some of their divisions, have had some management changes and struggling with earnings growth.

PAST TOP PICK

(Top Pick May 17/10, Down 16.84%) This is an execution problem. They have a record backlog. All they have to do is deliver profitably on the backlog. Last two quarters they didn’t. He is hanging on. Thinks it will come back.

BUY

They had disappointed last year and pre-announced a contract loss. Now, have a better outlook and a record outlook. Under $10 is a good entry point.

WAIT

Were very comfortable with the investment. Recently they fell on hard times due to profitability. They bid too aggressively in projects. Usually new management comes into the business and turns it around but it will take some time. 2 – 3 quarters.

HOLD

Starting to look like fairly good value. Had a change of management. Take on a lot of the construction risks with their projects. (See Top Picks.)

BUY

Took over a Suncor (SU-T) project of $200 million and ended up losing about $52 million. Thinks they have learned. President resigned. At $9 and lower it is back in value territory. Doesn’t see the 2% dividend at risk.

PAST TOP PICK

(A Top Pick Match 15/10. Down 32.87%.) Engineering and construction. Have a record backlog. Did a fixed price bid on oil sands and ended up losing money. Revenues are going to be there. Extremely cheap valuation.

PAST TOP PICK

(A Top Pick Feb 8/10. Down 35.86%.) Strength has been in winning bids but apparently winning by bidding too low. Got killed on the Suncor (SU-T) contract because of unforeseen extras and difficulties. Now trading at book value and have a lot of business with variable price contracts on the books. If he sees any more flaws in execution, he will be selling.

COMMENT

Stock fell when they announced a loss on an oil sands project. If you like the infrastructure space, this is not particularly expensive now.

DON'T BUY

Sold his holdings when it disappointed as a stock. Company seems to do well. Prefers Churchill (CUQ-T).

DON'T BUY

Industrial products sector has seasonality from October through until May. This one has had that seasonality in the past but technicals right now are not looking that great. Chart is showing a downward trend. Trying to show signs of support that would seem to imply that downside risk is relatively low.

DON'T BUY

Pretty good company but like a lot of construction companies, they tend to have boom, bust, boom, bust depending on certain projects that drive things. This is one that has its ups and downs and wouldn’t be one that he would own through the cycles. If he owned one, it would be Genivar (GNV-T).

PAST TOP PICK

(Top Pick Jan 29/2010, Down 25.79%) Still likes it. Picked up a lot of business. Stimulus companies took longer than then thought to get the contracts from stimulus packages. He is going to hang in. It will take longer.

TOP PICK

(Top Pick Dec 2/09, Down 31%) really bad timing. He is not giving up hope. He thought there would be more infrastructure spending. The ship is now righting itself. Feels really good about 2011. The market has punished them enough. Focusing on Transportation, power and oil sands, all three of which will show good growth going forward.

DON'T BUY

Trading at about 14-15 times earnings. Construction of commercial and government buildings is flat to marginally down. Transportation is marginally up. Oil sands is going up. Margins are about 2.5%-3%. Doesn’t see a lot of growth.

Showing 331 to 345 of 452 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

John Zechner

J. Zechner & Assoc

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Aecon Group Inc (ARE.TO)