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Investor Insights

This summary was created by AI, based on 22 opinions in the last 12 months.

Altagas Ltd, with symbol ALA-T, has been highly praised by experts for its strong utility growth, balance sheet, and dividend growth. It has been described as a quality business for the long term, with a focus on natural gas and a good combination of gas processing and utilities. The company has seen commodity tailwinds, improving balance sheet, and de-risking of global exports. However, experts have also cautioned on the high debt level and the need to consider anticipated EPS growth rate.

Consensus
Positive
Valuation
Fair Value
Similar
TRP,OTC:TUKEY
TOP PICK
Altagas Ltd

He is thinking of buying it this week. It has a solid dividend and trend and he thinks the dividend goes up. Is looking for a stock price in the mid 30's by year end.. He would sell below $28.              Buy 11  Hold 0  Sell 0

(Analysts’ price target is $34.91)
oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Jun 27/23, Up 35%)

Still likes business and will continue to own. Balance sheet continues to improve. Trading at a reasonable price. Expecting further growth. Growth better than peers. Excellent assets that are hard to replicate. 

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Apr 11/23, Up 37%)

A long term shareholder - will continue to own. Problems from 2017/18 have been fixed. Dividend continues to rise. Very good assets that continue to perform. 

oil / gas
PARTIAL BUY
Altagas Ltd
ALA vs. BCE

ALA trades at 12x earnings, growing at 12%. On PEG ratio, it's cheaper. Yield is 4%, growing comfortably at 5-8%.

BCE is paying a wonderful dividend. PE is more expensive. No growth right now, perhaps will see 3% in a couple of years. At $47, still a bit of upside from today's levels. Regulatory announcements have to go well for BCE, still pricing issues, still a bit of wood to chop.

For fresh money, ideally split it between both. If he had to choose one, it would be ALA. 

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Mar 03/23, Up 35%)

Strong utility growth. Very good valuation. As earnings move up, still trading at 12.5x 2025 earnings, estimated 12% growth rate. Dividend growing at 6%. 

As breadth widens in this market, so many areas to put money. Don't forget about a name like this, hit a nice single without too much headache.

oil / gas
BUY
Altagas Ltd

Turned the corner, righted the ship, financially solid footing, sustainable dividend growth. As good a name as any in the mid-stream energy space. No quarrel owning. He owns TRP instead, with a more immediate catalyst of a company split.

oil / gas
BUY
Altagas Ltd

ALA is your best pick in the space, followed by GEI. PPL and KEY round out the group of names to look at.

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Mar 03/23, Up 28%)

Strong utility growth, balance sheet, good valuation. 12.5x 2025 earnings, growing around 12%. PEG ratio of 1. Decent dividend of 4% growing at 6%. Might start to slow in 2026. Getting close to the end of this run, but still a bit more to go.

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Dec 20/22, Up 25%)

Commodity tailwinds, strong utility growth, improving balance sheet, visible midstream growth. Still cheap at 12x 2025, 11% EPS growth, nice dividend. Continues to be a good place to be for lower-moderate risk capital.

oil / gas
Unspecified
Altagas Ltd

Half is gas processing and half is utilities and she likes the combination. It has been quietly exporting liquified propane gas for some time now off the coast of Washington State. Also off the coast of BC perhaps along with LNG. It is up 14% in the past year and pays a 4% dividend. It can increase its capabilities.

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Aug 08/23, Up 11%)

Because the market is slowly acknowledging how green we can get, this will benefit long into the future. With its natural gas focus, will have one of the biggest tailwinds in the space. Great dividend of 4.3%.

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Apr 11/23, Up 29%)

Good growth. Trucking right along. Wouldn't buy at these levels. Yield is 4.2%, growing at 6% per year.

oil / gas
BUY
Altagas Ltd

Need to consider anticipated EPS growth rate. In the utility space, ALA is the clear winner on PE and price to growth.

oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Dec 20/22, Up 29%)

Strong commodity tailwinds and utility growth. Balance sheet improving. Still cheap around 12x 2025, growth rate around 11%. Nice annual dividend growth. Very boring, but it works.

oil / gas
BUY ON WEAKNESS
Altagas Ltd

Would hold if already own. Quality business for the long term. Would not recommend buying at current prices (higher than historic prices). Would wait to buy on weakness. 

oil / gas
Showing 1 to 15 of 614 entries

Altagas Ltd(ALA-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 16

Stockchase rating for Altagas 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.

Altagas Ltd(ALA-T) Frequently Asked Questions

What is Altagas Ltd stock symbol?

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

Is Altagas Ltd a buy or a sell?

In the last year, 16 stock analysts published opinions about ALA-T. 16 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Altagas Ltd.

Is Altagas Ltd a good investment or a top pick?

Altagas Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Altagas Ltd.

Why is Altagas 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 Altagas Ltd worth watching?

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

What is Altagas Ltd stock price?

On 2024-07-22, Altagas Ltd (ALA-T) stock closed at a price of $31.87.