Atco Ltd

ACO.X-T

TSE:ACO.X

37.85
0.35 (0.93%)
ATCO is a large Canadian holding company with nearly 7,000 employees. Its subsidiaries are diverse but most are in either the gas/electricity or construction industries.
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Analysis and Opinions about ACO.X-T

Signal
Opinion
Expert
HOLD
HOLD
January 18, 2021
They have a 52% interest in a regulated utility. They also own a structures business. It has diversified to other end markets like hospitals. They also diversified out of western Canada. If you hold it as an income stock then continue to hold it. The yield is there for the income stream.
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Atco Ltd (ACO.X-T)
January 18, 2021
They have a 52% interest in a regulated utility. They also own a structures business. It has diversified to other end markets like hospitals. They also diversified out of western Canada. If you hold it as an income stock then continue to hold it. The yield is there for the income stream.
BUY WEAKNESS
BUY WEAKNESS
January 8, 2021

The largest portion of its value comes from its stake in Canadian Utilities. It is a durable, defensive company. Prefer Fortis and Algonquin to it. If you own Atco, hold it. The valuation can swing around due to sentiment, but the company is disciplined and has a good balance sheet. Their capital program is good and generates good returns. A good defensive long term hold.

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Atco Ltd (ACO.X-T)
January 8, 2021

The largest portion of its value comes from its stake in Canadian Utilities. It is a durable, defensive company. Prefer Fortis and Algonquin to it. If you own Atco, hold it. The valuation can swing around due to sentiment, but the company is disciplined and has a good balance sheet. Their capital program is good and generates good returns. A good defensive long term hold.

TOP PICK
TOP PICK
November 6, 2020
A case of sector of the economy being ignored. They have grown dividends for 27 consecutive years. A utilities aggregator. Payout ratio remain low and they are growing international operations. It is currently trading at a 6% discount to Canadian utilities stake. (Analysts’ price target is $45.94)
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Atco Ltd (ACO.X-T)
November 6, 2020
A case of sector of the economy being ignored. They have grown dividends for 27 consecutive years. A utilities aggregator. Payout ratio remain low and they are growing international operations. It is currently trading at a 6% discount to Canadian utilities stake. (Analysts’ price target is $45.94)
TOP PICK
TOP PICK
June 18, 2020
It has raised its dividend 27 consecutive quarters. It trades at a discount from 15 to 40%. This is an attractive company to buy if you are looking for yield and it is managed well. It is deeply discounted. (Analysts’ price target is $45.19)
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Atco Ltd (ACO.X-T)
June 18, 2020
It has raised its dividend 27 consecutive quarters. It trades at a discount from 15 to 40%. This is an attractive company to buy if you are looking for yield and it is managed well. It is deeply discounted. (Analysts’ price target is $45.19)
TOP PICK
TOP PICK
September 20, 2019
Owns 42% of Canadian Utilities. A safe place with good dividends. He bought it at $43 a month ago. A good track record for raising the dividend. Not a well known player in the space, but a safe way to get back into energy. Yield 3.39% (Analysts’ price target is $51.83)
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Atco Ltd (ACO.X-T)
September 20, 2019
Owns 42% of Canadian Utilities. A safe place with good dividends. He bought it at $43 a month ago. A good track record for raising the dividend. Not a well known player in the space, but a safe way to get back into energy. Yield 3.39% (Analysts’ price target is $51.83)
PAST TOP PICK
PAST TOP PICK
May 3, 2019
(A Top Pick Jun 04/18, Up 22%) He was looking for flat or lower interest rates and this paid off. He would continue to hold for now. He does not expect any interest rate increases soon.
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Atco Ltd (ACO.X-T)
May 3, 2019
(A Top Pick Jun 04/18, Up 22%) He was looking for flat or lower interest rates and this paid off. He would continue to hold for now. He does not expect any interest rate increases soon.
WATCH
WATCH
August 30, 2018

His model price is $42.16 or an 8% upside. It is an interest sensitive. Only buy it at the $36 level. It should go 10 or 11% lower here.

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Atco Ltd (ACO.X-T)
August 30, 2018

His model price is $42.16 or an 8% upside. It is an interest sensitive. Only buy it at the $36 level. It should go 10 or 11% lower here.

BUY
BUY
July 30, 2018

It is really cheap. When it got down to his book value calculation, it got cheap. You could consider this to be defensive and it has a nice yield.

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Atco Ltd (ACO.X-T)
July 30, 2018

It is really cheap. When it got down to his book value calculation, it got cheap. You could consider this to be defensive and it has a nice yield.

COMMENT
COMMENT
July 3, 2018

He prefers to own CU-T with the higher yield. He continues to hope this space will get more discounted before stepping in for his clients.

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Atco Ltd (ACO.X-T)
July 3, 2018

He prefers to own CU-T with the higher yield. He continues to hope this space will get more discounted before stepping in for his clients.

TOP PICK
TOP PICK
June 4, 2018

They do a lot of energy infrastructure. All of the bottoms of book value brought it down to one times book value. What's really interesting is that in the stock's bottom of 2000 it hit its low as the market was hitting its peak. (Analysts’ target: $41.90).

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Atco Ltd (ACO.X-T)
June 4, 2018

They do a lot of energy infrastructure. All of the bottoms of book value brought it down to one times book value. What's really interesting is that in the stock's bottom of 2000 it hit its low as the market was hitting its peak. (Analysts’ target: $41.90).

SELL
SELL
September 11, 2015

This company has not managed to grow its business outside of Canada. It is predominantly a business that runs in Alberta, so a bit of a bad postal code right now. There are better businesses if you want to play a rebound in Alberta. If you own, consider switching into Fortis (FTS-T) or Emera (EMA-T).

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Atco Ltd (ACO.X-T)
September 11, 2015

This company has not managed to grow its business outside of Canada. It is predominantly a business that runs in Alberta, so a bit of a bad postal code right now. There are better businesses if you want to play a rebound in Alberta. If you own, consider switching into Fortis (FTS-T) or Emera (EMA-T).

BUY
BUY
October 3, 2014

Still has a lot of growth in the industry. Last quarter they spent a lot to finance that growth so we need to see their next quarter. This is a good entry point.

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Atco Ltd (ACO.X-T)
October 3, 2014

Still has a lot of growth in the industry. Last quarter they spent a lot to finance that growth so we need to see their next quarter. This is a good entry point.

BUY
BUY
June 12, 2014

Sees utility growth continuing. Sees 2013-15 as 10.4% growth rate compounded. Likes the name.

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Atco Ltd (ACO.X-T)
June 12, 2014

Sees utility growth continuing. Sees 2013-15 as 10.4% growth rate compounded. Likes the name.

HOLD
HOLD
June 9, 2014

A regulated utility so he feels capital appreciation potential is somewhat limited, especially in his view of where he thinks interest rates are gradually going to increase in North America. Would rather have some merchant power exposure. Likes Capital Power (CPX-T) a little bit better and where you get better dividend growth.

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Atco Ltd (ACO.X-T)
June 9, 2014

A regulated utility so he feels capital appreciation potential is somewhat limited, especially in his view of where he thinks interest rates are gradually going to increase in North America. Would rather have some merchant power exposure. Likes Capital Power (CPX-T) a little bit better and where you get better dividend growth.

DON'T BUY
DON'T BUY
May 8, 2014

A very interesting company. As activity picks up, particularly out West, this is going to be good for them. They service a lot of industries, not just oil and gas, but forestry and so on. Company has been run very well over the years. Always looks a little expensive, but for people who have held onto it for a long period of time, they have done very well. On a valuation basis, he would not be jumping in today.

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Atco Ltd (ACO.X-T)
May 8, 2014

A very interesting company. As activity picks up, particularly out West, this is going to be good for them. They service a lot of industries, not just oil and gas, but forestry and so on. Company has been run very well over the years. Always looks a little expensive, but for people who have held onto it for a long period of time, they have done very well. On a valuation basis, he would not be jumping in today.

Showing 1 to 15 of 43 entries

Atco Ltd(ACO.X-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Atco Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Atco Ltd(ACO.X-T) Frequently Asked Questions

What is Atco Ltd stock symbol?

Atco Ltd is a Canadian stock, trading under the symbol ACO.X-T on the Toronto Stock Exchange (ACO-X-CT). It is usually referred to as TSX:ACO.X or ACO.X-T

Is Atco Ltd a buy or a sell?

In the last year, 2 stock analysts published opinions about ACO.X-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Atco Ltd.

Is Atco Ltd a good investment or a top pick?

Atco Ltd was recommended as a Top Pick by Christine Poole on 2021-01-18. Read the latest stock experts ratings for Atco Ltd.

Why is Atco Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Atco Ltd worth watching?

2 stock analysts on Stockchase covered Atco Ltd In the last year. It is a trending stock that is worth watching.

What is Atco Ltd stock price?

On 2021-01-25, Atco Ltd (ACO.X-T) stock closed at a price of $37.85.