Aecon Group Inc

ARE-T

TSE:ARE

19.54
0.10 (0.51%)
Aecon Group Inc. is Canada’s largest publicly traded construction company, providing a range of services to private and public sector clients across its three core segments of Infrastructure, Energy, and Mining.
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Analysis and Opinions about ARE-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 26, 2021
Has a $1B market cap. A play on Canadian infrastructure spending. The yield is decent around 4%. Trades at 5x enterprise value to EBITDA. Trades at a 34% discount to US comparables. 97% growth expected this year, with a PE of less than 16x. Could see a 2-3x upside if it breaks $23. (Analysts’ price target is $20.59)
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Aecon Group Inc (ARE-T)
February 26, 2021
Has a $1B market cap. A play on Canadian infrastructure spending. The yield is decent around 4%. Trades at 5x enterprise value to EBITDA. Trades at a 34% discount to US comparables. 97% growth expected this year, with a PE of less than 16x. Could see a 2-3x upside if it breaks $23. (Analysts’ price target is $20.59)
Robert McWhirter
Price
$18.400
Owned
Yes
HOLD
HOLD
January 29, 2021
Decent valuation at 13x 2021. Modelling 2021 earnings being 10% higher than last year. It pays a dividend to pay. Always a question on backlog. China was trying to buy this asset around $19. Can have a meaningful upside since it is not too crowded. Continue to hold it.
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Aecon Group Inc (ARE-T)
January 29, 2021
Decent valuation at 13x 2021. Modelling 2021 earnings being 10% higher than last year. It pays a dividend to pay. Always a question on backlog. China was trying to buy this asset around $19. Can have a meaningful upside since it is not too crowded. Continue to hold it.
Greg Newman
Price
$16.470
Owned
Unknown
WEAK BUY
WEAK BUY
January 18, 2021

She has WSP-T instead because it is only a consulting company. Construction is where these companies would get into problems. WSP-N just bought a company in environmental services in the US and this is a very attractive market to be in. She would buy it after a pull back.

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Aecon Group Inc (ARE-T)
January 18, 2021

She has WSP-T instead because it is only a consulting company. Construction is where these companies would get into problems. WSP-N just bought a company in environmental services in the US and this is a very attractive market to be in. She would buy it after a pull back.

TOP PICK
TOP PICK
January 11, 2021
It has good strong upside potential and from a technical point of view it looks like it is just about to break out above one times book value. It has a nice balance sheet. It is a nice value stock. Infrastructure spending in the US would also move this stock up higher. (Analysts’ price target is $19.86)
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Aecon Group Inc (ARE-T)
January 11, 2021
It has good strong upside potential and from a technical point of view it looks like it is just about to break out above one times book value. It has a nice balance sheet. It is a nice value stock. Infrastructure spending in the US would also move this stock up higher. (Analysts’ price target is $19.86)
Ross Healy
Price
$17.210
Owned
Unknown
BUY
BUY
November 4, 2020
Aecon has grown backlog significantly, continues to beat on results, and yields nearly 5%. Aecon will benefit from any increase in infrastructure spending.
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Aecon Group Inc (ARE-T)
November 4, 2020
Aecon has grown backlog significantly, continues to beat on results, and yields nearly 5%. Aecon will benefit from any increase in infrastructure spending.
Ryan Bushell
Price
$14.610
Owned
Unknown
BUY
BUY
October 28, 2020
He's a big believer in infrastructure investment. In US, irrespective how the election goes, there will be a big commitment to infrastructure. ARE has a record high quality backlog. It's a matter of execution at this point. He's positive on the infrastructure boom in both Canada and US. Stock has upside potential.
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Aecon Group Inc (ARE-T)
October 28, 2020
He's a big believer in infrastructure investment. In US, irrespective how the election goes, there will be a big commitment to infrastructure. ARE has a record high quality backlog. It's a matter of execution at this point. He's positive on the infrastructure boom in both Canada and US. Stock has upside potential.
Andrey Omelchak
Price
$13.910
Owned
Unknown
HOLD
HOLD
September 25, 2020
He's surprised it trades below $14. Their business is defensive and they have the highest backlog they have ever had. Investors are probably discounting the company for the concessions they have made. These assets are good long-term value providers but it is weighing on the stock price. They just need to continue to do what they are doing.
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Aecon Group Inc (ARE-T)
September 25, 2020
He's surprised it trades below $14. Their business is defensive and they have the highest backlog they have ever had. Investors are probably discounting the company for the concessions they have made. These assets are good long-term value providers but it is weighing on the stock price. They just need to continue to do what they are doing.
Ryan Bushell
Price
$13.460
Owned
Yes
TOP PICK
TOP PICK
August 18, 2020

Puzzling. ARE wasn't effected either way by the pandemic. They had a $7.5 billion backlog, an all-time high when the stock is at a 5-year low. Puzzling why this stock hasn't taken off. Perhaps the confessions on the Bermuda airport and Toronto's Eglinton LRT project have hurt them, but will be valuable down the road. Their base business is growing profits, revenues and cash flow. Pays over a 4% dividend. ARE is overlooked. (Analysts’ price target is $19.95)

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Aecon Group Inc (ARE-T)
August 18, 2020

Puzzling. ARE wasn't effected either way by the pandemic. They had a $7.5 billion backlog, an all-time high when the stock is at a 5-year low. Puzzling why this stock hasn't taken off. Perhaps the confessions on the Bermuda airport and Toronto's Eglinton LRT project have hurt them, but will be valuable down the road. Their base business is growing profits, revenues and cash flow. Pays over a 4% dividend. ARE is overlooked. (Analysts’ price target is $19.95)

Ryan Bushell
Price
$14.490
Owned
Yes
WATCH
WATCH
July 2, 2020
Infrastructure projects are likely to be announced as we come out of COVID but we have not seen them yet. When this comes, ARE-T should do very well. (Analysts’ price target is $20.61)
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Infrastructure projects are likely to be announced as we come out of COVID but we have not seen them yet. When this comes, ARE-T should do very well. (Analysts’ price target is $20.61)
PAST TOP PICK
PAST TOP PICK
June 30, 2020
(A Top Pick Aug 01/19, Down 25%) People are concerned about construction levels, but ARE will do okay. He stopped out.
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(A Top Pick Aug 01/19, Down 25%) People are concerned about construction levels, but ARE will do okay. He stopped out.
DON'T BUY
DON'T BUY
June 24, 2020
An engineering construction company. They own someone else in the space. The sector has had a slow down with COVID-19. She is not sure that the company's percentage of construction exposure, as cost over runs can impact the company having to take charges. It should be an attractive business in the long run, but she sees other alternatives.
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An engineering construction company. They own someone else in the space. The sector has had a slow down with COVID-19. She is not sure that the company's percentage of construction exposure, as cost over runs can impact the company having to take charges. It should be an attractive business in the long run, but she sees other alternatives.
COMMENT
COMMENT
June 3, 2020

BAM vs ARE? He likes BAM and it is a core holding. They are involved in infrastructure with great cash flowing assets. In a low interest rate environment it will continue to do well. ARE is benefiting from taking on fixed pay contracts, which he views as being a little more risky. He would favour BAM.

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BAM vs ARE? He likes BAM and it is a core holding. They are involved in infrastructure with great cash flowing assets. In a low interest rate environment it will continue to do well. ARE is benefiting from taking on fixed pay contracts, which he views as being a little more risky. He would favour BAM.

James Telfser
Price
$14.780
Owned
_N/A
PAST TOP PICK
PAST TOP PICK
April 24, 2020
(A Top Pick Apr 29/19, Down 23%) Their earnings were reported last night to be better than expected. Unfortunately, he was stopped out earlier. Earnings outlooks have been marked down as well.
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Aecon Group Inc (ARE-T)
April 24, 2020
(A Top Pick Apr 29/19, Down 23%) Their earnings were reported last night to be better than expected. Unfortunately, he was stopped out earlier. Earnings outlooks have been marked down as well.
BUY
BUY
March 4, 2020
He has been purchasing this lately at higher levels even. It has performed poorly in share price, despite how well the cash flow profile is good and the dividend was raised by 10%. Their growth is pretty much assured as they continue to win bids on infrastructure projects. It appears to be on sale to him right now. Yield 4%
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He has been purchasing this lately at higher levels even. It has performed poorly in share price, despite how well the cash flow profile is good and the dividend was raised by 10%. Their growth is pretty much assured as they continue to win bids on infrastructure projects. It appears to be on sale to him right now. Yield 4%
Ryan Bushell
Price
$15.750
Owned
Yes
BUY
BUY
February 19, 2020

Likes it. It's an infrastructure play with decent projects in the pipeline out west. They're well-positioned. If you've come out of SNC Lavalin, ARE would be a great play. Buy this for the long term, not six months. Infrastructure will happen, for example, we need more energy infrastructure.

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Aecon Group Inc (ARE-T)
February 19, 2020

Likes it. It's an infrastructure play with decent projects in the pipeline out west. They're well-positioned. If you've come out of SNC Lavalin, ARE would be a great play. Buy this for the long term, not six months. Infrastructure will happen, for example, we need more energy infrastructure.

Andrew Pyle
Price
$18.120
Owned
No
Showing 1 to 15 of 374 entries

Aecon Group Inc(ARE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Aecon Group Inc 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.

Aecon Group Inc(ARE-T) Frequently Asked Questions

What is Aecon Group Inc stock symbol?

Aecon Group Inc is a Canadian stock, trading under the symbol ARE-T on the Toronto Stock Exchange (ARE-CT). It is usually referred to as TSX:ARE or ARE-T

Is Aecon Group Inc a buy or a sell?

In the last year, 8 stock analysts published opinions about ARE-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Aecon Group Inc.

Is Aecon Group Inc a good investment or a top pick?

Aecon Group Inc was recommended as a Top Pick by Robert McWhirter on 2021-02-26. Read the latest stock experts ratings for Aecon Group Inc.

Why is Aecon Group Inc 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 Aecon Group Inc worth watching?

8 stock analysts on Stockchase covered Aecon Group Inc In the last year. It is a trending stock that is worth watching.

What is Aecon Group Inc stock price?

On 2021-04-19, Aecon Group Inc (ARE-T) stock closed at a price of $19.54.