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Weekly 52-Week Low (or 52-Week High): JAG-T, K-T, BABY-X, JOY-T and More 52-Week Highs and Lows (Jul 17-23)Oil and tech leads markets higherReal estate and financials lead TSXThis 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.
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)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.
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.
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.
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.
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.
ALA is your best pick in the space, followed by GEI. PPL and KEY round out the group of names to look at.
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.
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.
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.
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%.
Good growth. Trucking right along. Wouldn't buy at these levels. Yield is 4.2%, growing at 6% per year.
Need to consider anticipated EPS growth rate. In the utility space, ALA is the clear winner on PE and price to growth.
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.
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
In the last year, 17 stock analysts published opinions about ALA-T. 17 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.
Altagas Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Altagas 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.
17 stock analysts on Stockchase covered Altagas Ltd In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Altagas Ltd (ALA-T) stock closed at a price of $32.9.
Exposed to AI, the growth in data centres, particularly in a county in Virginia (they say it's home to 60-70% of all US internet traffic). They need server farms, and natural gas is the backup power. The local electrical power producer can't keep up with all the demand that everyone's buying NVDA for. Nice yield.