ACO.X-T
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.
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.
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.
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.
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.
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.
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.
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.
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).
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).
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).
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).
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.
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.
Sees utility growth continuing. Sees 2013-15 as 10.4% growth rate compounded. Likes the name.
Sees utility growth continuing. Sees 2013-15 as 10.4% growth rate compounded. Likes the name.
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.
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.
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.
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.
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
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
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.
Atco Ltd was recommended as a Top Pick by Christine Poole on 2021-01-18. Read the latest stock experts ratings for Atco Ltd.
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.
2 stock analysts on Stockchase covered Atco Ltd In the last year. It is a trending stock that is worth watching.
On 2021-01-25, Atco Ltd (ACO.X-T) stock closed at a price of $37.85.
