Altagas Ltd

ALA-T

TSE:ALA

16.79
0.39 (2.38%)
AltaGas is a North American energy infrastructure company based in Calgary, Alberta. The company operates in three business segments: gas, power generation, and utilities. The company is in the process of acquiring WGL Holdings.
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Analysis and Opinions about ALA-T

Signal
Opinion
Expert
COMMENT
COMMENT
September 8, 2020
He owned it years ago when they had just did a big acquisition in the U.S. which inspired concerns over leverage. All this hit the stock. It has since bounced back with great hydro and infrastructure assets. Pays a good, consistent yield. But he prefers Brookfield Infrastructure because it has more global assets that are run by fine managers. He prefers Brookfield.
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Altagas Ltd (ALA-T)
September 8, 2020
He owned it years ago when they had just did a big acquisition in the U.S. which inspired concerns over leverage. All this hit the stock. It has since bounced back with great hydro and infrastructure assets. Pays a good, consistent yield. But he prefers Brookfield Infrastructure because it has more global assets that are run by fine managers. He prefers Brookfield.
BUY
BUY
August 18, 2020

The effect of the U.S. exchange rate? One of his biggest holdings. Currencies are in a race to the bottom in this era. He expects the CAD to decline vs. USD, so ALA will benefit. ALA is his largest position. The ALA stock price didn't deserve to be cut more than in half during the lockdown because 70% of their business are regulated American utilities. ALA projects 10% growth in the next 5 years on their WGL business, a regulated utility, and has reduced debt. He expects the dividend to rise in 2021. Their midstream business in BC is doing great; their propane terminal is exporting record amounts. CNQ buying Painted Pony is a plus, because PP was a big customer of ALA's. Many things are going well for ALA. They pays a 5% yield. Low risk and good reward.

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Altagas Ltd (ALA-T)
August 18, 2020

The effect of the U.S. exchange rate? One of his biggest holdings. Currencies are in a race to the bottom in this era. He expects the CAD to decline vs. USD, so ALA will benefit. ALA is his largest position. The ALA stock price didn't deserve to be cut more than in half during the lockdown because 70% of their business are regulated American utilities. ALA projects 10% growth in the next 5 years on their WGL business, a regulated utility, and has reduced debt. He expects the dividend to rise in 2021. Their midstream business in BC is doing great; their propane terminal is exporting record amounts. CNQ buying Painted Pony is a plus, because PP was a big customer of ALA's. Many things are going well for ALA. They pays a 5% yield. Low risk and good reward.

COMMENT
COMMENT
August 17, 2020

Fortis vs. Altagas ALA is riskier, but it's starting to come into the cycle so, it's doing a lot better. Fortis is a steady-eddy withe nice free cash flow growth and trading at an okay 17.4x valuation, in line with AQN. They hold a lot of renewables, so it will do fine if Biden is U.S. president. It has US exposure. he likes them. He prefers Fortis. Some money has flowed out of here, so it's not trading at the top. With interest rates being a lot lower than before, all these names can trend up 10% in the future.

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Altagas Ltd (ALA-T)
August 17, 2020

Fortis vs. Altagas ALA is riskier, but it's starting to come into the cycle so, it's doing a lot better. Fortis is a steady-eddy withe nice free cash flow growth and trading at an okay 17.4x valuation, in line with AQN. They hold a lot of renewables, so it will do fine if Biden is U.S. president. It has US exposure. he likes them. He prefers Fortis. Some money has flowed out of here, so it's not trading at the top. With interest rates being a lot lower than before, all these names can trend up 10% in the future.

DON'T BUY
DON'T BUY
June 29, 2020

There is a possibility the price will recover within five years. It is higher risk/reward to PPL-T, however. It needs more improvement in earnings quality for him to jump in.

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Altagas Ltd (ALA-T)
June 29, 2020

There is a possibility the price will recover within five years. It is higher risk/reward to PPL-T, however. It needs more improvement in earnings quality for him to jump in.

STRONG BUY
STRONG BUY
June 5, 2020
He has recommended ALA more than any other analyst, he reckons. He thinks people don't understand how they have transformed the regulated utility into an entity with a lot of upside. He thinks it is under valued and just bought more this week. One of the most attractive investments in this uncertain market right now. Yield 6%.
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Altagas Ltd (ALA-T)
June 5, 2020
He has recommended ALA more than any other analyst, he reckons. He thinks people don't understand how they have transformed the regulated utility into an entity with a lot of upside. He thinks it is under valued and just bought more this week. One of the most attractive investments in this uncertain market right now. Yield 6%.
HOLD
HOLD
May 13, 2020
They do not own ALA. When they bought a Washington utility it took time to re-balance the portfolio. If you own it, you could continue to do so. A good investment if you are looking for utility exposure.
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Altagas Ltd (ALA-T)
May 13, 2020
They do not own ALA. When they bought a Washington utility it took time to re-balance the portfolio. If you own it, you could continue to do so. A good investment if you are looking for utility exposure.
BUY WEAKNESS
BUY WEAKNESS
May 8, 2020

PPL & ALA? PPL at $18.50 is his target buy price. ALA might be a good buy if we take out the lows of March.

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PPL & ALA? PPL at $18.50 is his target buy price. ALA might be a good buy if we take out the lows of March.

COMMENT
COMMENT
April 15, 2020
ALA was just upgraded by his firm. It has 55% of their earnings from regulated utility activities. If you are looking to sleep better at night, ENB has a less risky business model. Their risk is from growth being halted with recent pipeline protests.
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Altagas Ltd (ALA-T)
April 15, 2020
ALA was just upgraded by his firm. It has 55% of their earnings from regulated utility activities. If you are looking to sleep better at night, ENB has a less risky business model. Their risk is from growth being halted with recent pipeline protests.
BUY
BUY
April 13, 2020
They have US dollars coming in now. This is not at the top of his list but you get a decent dividend yield and the balance sheet is in better shape. It is probably a decent buy.
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Altagas Ltd (ALA-T)
April 13, 2020
They have US dollars coming in now. This is not at the top of his list but you get a decent dividend yield and the balance sheet is in better shape. It is probably a decent buy.
TOP PICK
TOP PICK
April 6, 2020
It is the most miss-priced security in the portfolio. 70% of it is US utilities. They had a favourable impact from currency in this. It has about a 7% yield. (Analysts’ price target is $18.43)
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Altagas Ltd (ALA-T)
April 6, 2020
It is the most miss-priced security in the portfolio. 70% of it is US utilities. They had a favourable impact from currency in this. It has about a 7% yield. (Analysts’ price target is $18.43)
HOLD
HOLD
March 27, 2020
He thinks they have continued to maintain and deliver cash flow while paying a strong dividend. You are getting paid to wait.
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Altagas Ltd (ALA-T)
March 27, 2020
He thinks they have continued to maintain and deliver cash flow while paying a strong dividend. You are getting paid to wait.
HOLD
HOLD
March 13, 2020
All the midstream companies were hit hard yesterday -- down almost 20%. She does not own it, but would recommend continuing to hold it as the yield is attractive.
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Altagas Ltd (ALA-T)
March 13, 2020
All the midstream companies were hit hard yesterday -- down almost 20%. She does not own it, but would recommend continuing to hold it as the yield is attractive.
TOP PICK
TOP PICK
March 4, 2020
He liked this more when it was $20.55. It trades at 3/4s of the valuation of their utility peers. They expect an 8-10% growth in the rate payer base. You want to own regulated utilities going forward. They are likely to increase the dividend again next year. Yield 4.43% (Analysts’ price target is $23.14)
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Altagas Ltd (ALA-T)
March 4, 2020
He liked this more when it was $20.55. It trades at 3/4s of the valuation of their utility peers. They expect an 8-10% growth in the rate payer base. You want to own regulated utilities going forward. They are likely to increase the dividend again next year. Yield 4.43% (Analysts’ price target is $23.14)
HOLD
HOLD
February 28, 2020
Gas companies and commodity companies have been hated. This stock looks healthy form a technical perspective. It had a long base and then it broke out. Now it looks like it's testing that level. It probably has limited down side risk.
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Altagas Ltd (ALA-T)
February 28, 2020
Gas companies and commodity companies have been hated. This stock looks healthy form a technical perspective. It had a long base and then it broke out. Now it looks like it's testing that level. It probably has limited down side risk.
HOLD
HOLD
February 20, 2020

A hold at current prices. Purchase of Washington Electric is working out pretty well. A more defensive company now. There are better names out there. He owns ENB and TRP. (Analysts’ price target is $23.14)

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Altagas Ltd (ALA-T)
February 20, 2020

A hold at current prices. Purchase of Washington Electric is working out pretty well. A more defensive company now. There are better names out there. He owns ENB and TRP. (Analysts’ price target is $23.14)

Showing 1 to 15 of 551 entries

Altagas Ltd(ALA-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 25

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, 25 stock analysts published opinions about ALA-T. 12 analysts recommended to BUY the stock. 7 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 Bryden Teich on 2020-09-08. 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?

25 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 2020-09-28, Altagas Ltd (ALA-T) stock closed at a price of $16.79.