
TSE:ATRL
This summary was created by AI, based on 3 opinions in the last 12 months.
The reviews from experts suggest a mixed outlook for AtkinsRéalis Group Inc. (ATRL-T) amidst ongoing challenges in the engineering sector, particularly with perceptions of AI impacting construction firms. One expert believes AI will streamline certain processes like data gathering but won't fundamentally change the nature of construction projects, suggesting a cautious approach to the sector at current levels. Another expert points out that many engineering firms are under pressure, with a general trend of declining stock performance, especially in midterm election years. However, ATRL-T has reportedly outperformed its peers due to its involvement in nuclear projects and growth potential, indicating some resilience despite broader industry challenges. Overall, the sentiments vary, highlighting both the risky environment and certain opportunities within the stock.
He would prefer Brookfield Infrastructure (BIP.UN-T). This company has a good business but it is in the doghouse, which is likely to be for a while. It takes time for a new CEO to prove himself. Stock has basically been churning sideways since 2007. Wait for a turn in price behaviour and in numbers.
Interesting and complex story. Had a scandal in the spring about unauthorized payments in North Africa which battered the stock. This was followed recently by a very poor quarter from operations. Huge backlog which is growing. Own a lot of infrastructure such as airports and toll roads which are tremendously valuable and tend to grow over time. Stock is quite inexpensive with the fair value in the mid-$40's and once the cloud clears they could get back in the $50 range again.
(A Top Pick Aug 15/11. Down 25.54%.) This is as cheap as it has ever been in its history. It needs a catalyst and a good quarter. It is announcing contracts but that is not the catalyst. New CEO, which he thinks will help.