
TSE:ATRL
This summary was created by AI, based on 9 opinions in the last 12 months.
AtkinsRéalis Group Inc. (ATRL-T) is currently evaluated with mixed sentiments from experts, particularly concerning its involvement in nuclear technology, which has been a source of both interest and caution. While some analysts emphasize that the company's performance has been impacted by fears surrounding AI's encroachment on the engineering sector, others indicate that ATRL has outperformed its peers due to its strategic positioning in nuclear projects. There's recognition that despite the downturn faced by engineering firms, ATRL's valuation appears attractive at a price-to-earnings ratio of 16x with a growth estimate of 17%. The consensus is that while there are concerns about AI disrupting the industry, the reality is that it may complement the existing workforce rather than replace it, suggesting a potential rebound for ATRL as the market stabilizes. Overall, experts express a belief in the long-term viability of ATRL, encouraging investors to remain committed for future gains.
Had that horrific decline from issues in third world countries. They have to get over that. Global leader in engineering space. Somewhere Canadians can excel. Now he has the chance to objectively look at it with a much lower price point. We are cutting back on mining globally, but not in the oil sands. There could be a unique opportunity here. His question is if he would increase income by using this to replace a stock in his portfolio.
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 Sept 14/11. Down 26.5%.) Sold her holdings at about $36.50. Stock has been in the penalty box. Has a new CEO starting in October. The Street is going to want to see what his plan and strategy is for the company. Recently reported disappointing earnings.