TSE:ATRL

AtkinsRéalis Group Inc. (ATRL.TO)

79.49
-1.43 (1.76%)
as of Jun 9, 2026, 4:03:34 pm Market Open.
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Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

AtkinsRéalis Group Inc. (ATRL-T) has garnered mixed reviews from experts assessing the impact of AI on the construction and engineering sectors. One reviewer highlights that while AI may streamline certain workflows, the fundamental aspects of the business remain unchanged, suggesting that ATRL may find solid footing in upcoming Build Canada projects. Another expert notes current pressures on engineering firms, indicating a significant decline in the sector, yet recognizes ATRL's outperformance due to its nuclear exposure and growth potential. However, market sentiment appears cautious, especially with predictions of weakness in the midterm election year, hinting at a potentially selective investment landscape. Overall, despite some concerns over AI disruption, ATRL's strategic positioning could provide it with resilience in a challenging market.

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Consensus
Cautious
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Valuation
Fair Value
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PAST TOP PICK
(A Top Pick Sep 26/18, Down 16%) This is his third shot at this trade. There was a pretty sweet trading range. But now it's broken down. He's looking for an oversold bounce, and then they'll decide if it can break back above or if they need to ditch it. New investors may want to wait.
PAST TOP PICK
(A Top Pick Dec 28/17, Down 18%) Here is a company with the fundamentals correct but the market doesn't care. First there was the unfortunate tweet about Saudi Arabia. Second, there was the ethics issue from many years ago. The federal government is not letting them off easily on this one. Both things have caused the stock to tank even though it has nothing to do with current management, growth and so on. He is sticking with it. Ultimately this will go away.
PAST TOP PICK
(A Top Pick Aug 16/18, Down 13%) It's a play on global infrastructure (demand and spending), which he thinks any portfolio should have some exposure. How fast will North America ramp up infrastructure? Investors have been frustrated by how slow it's become by, say, Trump. Also, Saudi Arabia events have pressured SNC. He still likes SNC. It's a long-term play.
DON'T BUY
Considering current issues with Saudi Arabia and legal headwinds The analysts have knocked down their earnings forecasts. If this reached its FMV it would hit $64, a huge rebound. Good technical support at $47-49. How serious is this Saudi Arabia issue, and would a Canadian company get punished operating there? He doesn't buy companies with political problems. That said, SNC is really cheap now and you can roll the dice, if you wish.
COMMENT

He's playing infrastructure through WSP instead who are locking their debt to earnings, yet grow by acquiring.

BUY

It trades below it break up intrinsic value. As a Quebec based company it will be too important to fail in political terms.

PAST TOP PICK

(A Top Pick Aug 11/17, Up 2%) Hasn’t done much, though a good company. With gas line approval in BC, should be lots of work. Sideways action, dividend is indifferent. Need some excitement to get investors interested. Not a bad hold.

COMMENT

One of the best infrastructure plays, despite past troubles (which he hopes are behind them). Has a choppy chart, but long-term this looks good due to new management, creating a fresh slate.

TOP PICK

He's traded this three times. because it's been a consistent range of $45-50 since mid-2015. (2.2% dividend, Analysts' price target: $70.73)

COMMENT

He bought it when it was dealing with its ethical issues. The stock has not recovered as well as he expected. He is still waiting for the US and Canadian governments to come through with their infrastructure spending, which would provide SNC with great business. This continues to be a tomorrow stock that he keeps waiting for.

COMMENT

The construction companies are difficult for investors. You can't tell how much money they'll make on a contract. Suppose they underbid or hit execution problems or a customer stiffs them? It's okay to own one of them in a portfolio, but no more. SNC is okay--has worldwide exposure but also carries geopolitical risk. It's riskier than most stocks he owns.

PAST TOP PICK

(A Top Pick May 17/18, Down 3%) Would still buy at this point. Getting penalized because of Saudi-Canadian issues. Geopolitical issues let you buy good companies at a good price.

TOP PICK

Geopolitical risk is priced in. Good backlog of opportunities. Growth coming in. EBITDA could be strong going forward. Yield is 2%. (Analysts’ price target is $70.54.)

TOP PICK

He likes the valuation. The pull back was way over done a few weeks ago. It represents a decent opportunity at this level but some risk. There are risks with the current Saudi Arabia situation. Fundamentals are good for this company. He has a $70.00 target. Yield of 2.2%. (Analysts’ price target is $70.54)

TOP PICK

He picked this because it is down about 10% based on the Saudi Arabia situation with Canada. Revenues in Saudia are 11% or $900 million on long term oil projects. They employ 5,000 Saudis in their projects. The company says there is no disturbance. He thought it was cheap at $57. They have a $15 million backlog. Yield 2.2%. (Analysts’ price target is $70.54)

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