Aecon Group Inc

ARE-T

TSE:ARE

17.68
0.08 (0.45%)
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.
More at Wikipedia

Analysis and Opinions about ARE-T

Signal
Opinion
Expert
BUY
BUY
October 1, 2019
Loves the chart. Since mid-2019, it's had a strong uptrend that continues. Add to this.
Aecon Group Inc (ARE-T)
October 1, 2019
Loves the chart. Since mid-2019, it's had a strong uptrend that continues. Add to this.
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$17.920
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
September 30, 2019
(A Top Pick Oct 11/18, Up 16%) It is continuing to do well and it continues to rank well in his dividend strategy.
Aecon Group Inc (ARE-T)
September 30, 2019
(A Top Pick Oct 11/18, Up 16%) It is continuing to do well and it continues to rank well in his dividend strategy.
Robert McWhirter
President, Selective Asset Management
Price
$18.240
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 20, 2019

(A Top Pick Sep 28/18, Up 20%) Since recommending it’s beat every quarter. It’s also given a bright forward looking statement for 2020. They’re also helped with the SNC mess. They have an excellent balance sheet and back orders. Currently trading at a reasonable 17 times and probably has more to go.

Aecon Group Inc (ARE-T)
September 20, 2019

(A Top Pick Sep 28/18, Up 20%) Since recommending it’s beat every quarter. It’s also given a bright forward looking statement for 2020. They’re also helped with the SNC mess. They have an excellent balance sheet and back orders. Currently trading at a reasonable 17 times and probably has more to go.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$18.840
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 14, 2019
(A Top Pick Sep 28/18, Up 17%) Strong balance sheet and still has good growth. Backlog of $6.7 billion still high. Just beat their Q2 by 10%. You can play offence and defence with this. Governments need to do infrastucture.
Aecon Group Inc (ARE-T)
August 14, 2019
(A Top Pick Sep 28/18, Up 17%) Strong balance sheet and still has good growth. Backlog of $6.7 billion still high. Just beat their Q2 by 10%. You can play offence and defence with this. Governments need to do infrastucture.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$18.490
Owned
Yes
TOP PICK
TOP PICK
August 1, 2019
Earnings were positive -- up 86% -- and expected up 26% next year. They are now generating great free cash flow, which goes directly to the bottom line. Target price is $25.50. Technical analysts target $28. Yield 2.84% (Analysts’ price target is $25.14)
Aecon Group Inc (ARE-T)
August 1, 2019
Earnings were positive -- up 86% -- and expected up 26% next year. They are now generating great free cash flow, which goes directly to the bottom line. Target price is $25.50. Technical analysts target $28. Yield 2.84% (Analysts’ price target is $25.14)
Robert McWhirter
President, Selective Asset Management
Price
$20.420
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 15, 2019
(A Top Pick Sep 07/18, Up 18%) Government spending on infrastructure will continue and even outpace GDP. Also, ARE operates leanly. It's a risky sector, but ARE will continue to do well.
(A Top Pick Sep 07/18, Up 18%) Government spending on infrastructure will continue and even outpace GDP. Also, ARE operates leanly. It's a risky sector, but ARE will continue to do well.
Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$19.300
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 19, 2019
(A Top Pick Jun 21/18, Up 29%) They beat their Q1 with construction revenue up 36%, with an improving balance sheet which helps them bid for new contracts. They have a backlog of $7 billion in projects. They can bid selectively for higher-margin business. Lots of room for growth. It's cheap vs. its peers. Buy on a pullback.
(A Top Pick Jun 21/18, Up 29%) They beat their Q1 with construction revenue up 36%, with an improving balance sheet which helps them bid for new contracts. They have a backlog of $7 billion in projects. They can bid selectively for higher-margin business. Lots of room for growth. It's cheap vs. its peers. Buy on a pullback.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$19.650
Owned
Yes
BUY
BUY
June 18, 2019
Infrastructure now? One of his potential Top Picks. The ascending triangle is bullish and his fundamental analyst is also bullish. A break out above $20 would project a move up towards $22.
Infrastructure now? One of his potential Top Picks. The ascending triangle is bullish and his fundamental analyst is also bullish. A break out above $20 would project a move up towards $22.
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$19.460
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 13, 2019

(A Top Pick Jun 13/18, Up 27%) It is hard to make money in these construction companies. They had a good backlog and SNC-T is having trouble bidding on contracts. They are great until they have one of these big write-down's. The company has never looked better.

(A Top Pick Jun 13/18, Up 27%) It is hard to make money in these construction companies. They had a good backlog and SNC-T is having trouble bidding on contracts. They are great until they have one of these big write-down's. The company has never looked better.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$18.930
Owned
Yes
DON'T BUY
DON'T BUY
May 14, 2019

She doesn't own this space, because these companies suffer cost overruns on the construction side. Also, government pledges to build infrastructure a few years ago have been slow to ramp up. These companies also need to make acquisitions to grow. She is watching WSP Global which is purely in services--and she prefers WSP.

She doesn't own this space, because these companies suffer cost overruns on the construction side. Also, government pledges to build infrastructure a few years ago have been slow to ramp up. These companies also need to make acquisitions to grow. She is watching WSP Global which is purely in services--and she prefers WSP.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$18.540
Owned
No
PAST TOP PICK
PAST TOP PICK
April 29, 2019
(A Top Pick Oct 11/18, Up 18%) Also a top pick today. Still more upside coming, moving more into recurring revenue. In their last report, sales 22% better than expected and earnings were 50% better than expected.
Aecon Group Inc (ARE-T)
April 29, 2019
(A Top Pick Oct 11/18, Up 18%) Also a top pick today. Still more upside coming, moving more into recurring revenue. In their last report, sales 22% better than expected and earnings were 50% better than expected.
Robert McWhirter
President, Selective Asset Management
Price
$18.830
Owned
Yes
TOP PICK
TOP PICK
April 29, 2019
Great opportunities here. Also a past top pick today. It pays a 3% dividend yield. Cash flow is up 77% in the past year; a great 10.2% free cash flow yield. Last week's report said that sales were 22% better than expected and EPS were up 47% YOY. (Analysts’ price target is $23.36)
Aecon Group Inc (ARE-T)
April 29, 2019
Great opportunities here. Also a past top pick today. It pays a 3% dividend yield. Cash flow is up 77% in the past year; a great 10.2% free cash flow yield. Last week's report said that sales were 22% better than expected and EPS were up 47% YOY. (Analysts’ price target is $23.36)
Robert McWhirter
President, Selective Asset Management
Price
$18.830
Owned
Yes
PARTIAL BUY
PARTIAL BUY
April 24, 2019
He likes how they look, but is not holding it yet. He was happy to see the takeover was blocked and that it is remaining in Canada. The new CEO has a global reach and will be a good asset for when the company bids outside of Canada. The valuation is back down and it has a 3.4% dividend, trading at 16 times earnings. You could start to build a long position here.
Aecon Group Inc (ARE-T)
April 24, 2019
He likes how they look, but is not holding it yet. He was happy to see the takeover was blocked and that it is remaining in Canada. The new CEO has a global reach and will be a good asset for when the company bids outside of Canada. The valuation is back down and it has a 3.4% dividend, trading at 16 times earnings. You could start to build a long position here.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$17.530
Owned
No
DON'T BUY
DON'T BUY
March 20, 2019
Very well-run and he likes it. Last year, a Chinese company tried to take over ARE. Since then, ARE has rebuilt. There are problems with SNC that could benefit peers like ARE. ARE's valuation is too high for him. He may step in if that valuation were 10-15% lower.
Aecon Group Inc (ARE-T)
March 20, 2019
Very well-run and he likes it. Last year, a Chinese company tried to take over ARE. Since then, ARE has rebuilt. There are problems with SNC that could benefit peers like ARE. ARE's valuation is too high for him. He may step in if that valuation were 10-15% lower.
Michael Sprung
President, Sprung Investment Management
Price
$17.980
Owned
No
WEAK BUY
WEAK BUY
March 13, 2019
3-5-year horizon, given Ontario government planning $30-billion infrastructure spending A good company that will do well in that time horizon. Caveat: Capex projects like the one Ontario is announcing take a long time to get going. Instead, look at an infrastructure's backlog of projects--buy when that backlog is going up.
Aecon Group Inc (ARE-T)
March 13, 2019
3-5-year horizon, given Ontario government planning $30-billion infrastructure spending A good company that will do well in that time horizon. Caveat: Capex projects like the one Ontario is announcing take a long time to get going. Instead, look at an infrastructure's backlog of projects--buy when that backlog is going up.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$18.350
Owned
No
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