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Investor Insights

This summary was created by AI, based on 23 opinions in the last 12 months.

Based on the reviews of different experts, it is evident that Altagas Ltd (ALA-T) is a strong utility and gas processing company with a good balance sheet and growth potential. The stock has a decent dividend and is considered a good long-term investment by many analysts. The company is also seen as being undervalued and has the potential for share price appreciation in the future. Despite concerns over high debt levels and the transition to renewables, Altagas is viewed as a quality business with strong prospects in the natural gas and utilities space.

Consensus
Undervalued
Valuation
Undervalued
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
BUY
Altagas Ltd

Very safe dividend. Expecting 10% growth rate. Very low valuation. Expecting lots of share price appreciation. Would recommend buying. Very safe dividend (~4.2%). 

oil / gas
TOP PICK
Altagas Ltd

Balance sheet very strong. Seeing growth in utilities. Lots of low capital/high return mid stream opportunities. Recent acquisition of Pipestone from Tidewater. Currently trading at historically good valuation. Growing dividend that is reliable. Has commodity tailwinds. Interest rates leveling out. 

oil / gas
WATCH
Altagas Ltd

Be cautious. Biggest issue is high debt level. With each acquisition, debt goes up. Transition from fossil fuels to renewables will take longer than people think, so don't sell for that reason alone. Lower debt means more free cashflow, so wait for that.

oil / gas
TOP PICK
Altagas Ltd

Continues to de-risk balance sheet. Growing global export margins. Low cost of capital, high returns. Acquisition looks high quality, synergistic. Low 11x valuation, growing at 11%. Sees dividend growing at 5%. Commodity tailwinds of more robust global exports plus nat gas price. Yield is 4.34%.

(Analysts’ price target is $32.00)
oil / gas
PAST TOP PICK
Altagas Ltd
(A Top Pick Nov 11/22, Up 14%)

M&A acquisitions performing 3-4 years later.
4 years of dividend increases. 
One of largest positions.
Debt falling down to better levels.
Midstream assets performing well.
New CEO also bringing credibility.

oil / gas
TOP PICK
Altagas Ltd

Derisking balance sheet. Very strong utility growth. Lots of low-capital, high-return, midstream growth opportunities. Low valuation of 11x, with a 10.7% growth rate. Risk profile of a utility with the upside of LNG. Building out global exports is a key theme. Nice yield of 4.33%, growing around 5%.

(Analysts’ price target is $31.79)
oil / gas
Showing 1 to 15 of 608 entries

Altagas Ltd(ALA-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 12

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, 12 stock analysts published opinions about ALA-T. 12 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?

12 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 2024-03-18, Altagas Ltd (ALA-T) stock closed at a price of $29.25.