Buy, Sell or Hold: Aecon Group Inc (ARE-T) — Stock Predictions at Stockchase

TSE:ARE

14.49

0.02 (0.14%) 1d

Showing 1 to 15 of 390 entries

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They reported a loss of $0.29 vs the expected $0.3. Revenues were up 31% compared to last year at $986 million. Backlog of $6.4B was up nicely from $5.9 a year ago. Saw some good contracts and expansion. Results are fine but cash flows were negative and this trend needs to reverse. Unlock Premium - Try 5i Free

contractors

BUY on WEAKNESS

Does not own shares in company. Company has faced challenges in the past few quarters. Coastal Gas Link disputes has created uncertainty with cash flows. Appears agreement is approaching with Coastal Gas Link which will help share price. Good exposure to construction market and Provincial/Federal projects. Wait to buy on improved earnings.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has strong market share. Likes it for income although growth is less attractive than WSP. The valuation is at 19x earnings right now. Pays a 4% dividend. Unlock Premium - Try 5i Free

contractors

WEAK BUY

Prefers to own the concessions, not the builders. But if you're set on owning E&C, he likes the growth profile and position in the US and globally. Would benefit from increased activity in the US. Also likes WSP, with its strong growth and good margin profile relative to competitors.

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PAST TOP PICK

(A Top Pick Jan 11/21, Up 7%) Never bet on the government. Infrastructure bill has sputtered. Stock's on the cheap side, so he's not worried about it.

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TOP PICK

There's more infrastructure spending coming. They're the top candidate to build rapid transit to Trudeau Airport. They won a water project in BC. They got a contract from Bruce Nuclear. They scored a big contract in Washington DC near I-95. Aecon is reasonably priced. (Analysts’ price target is $22.19)

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TOP PICK

Good run last year, now has come off. Financial results show they've been steadily increasing dividend, earnings, and backlog. Need for services continues to grow. First deal in the US is potentially transformational. Strong fundamental business outlook. Yield is 4.23%. (Analysts’ price target is $22.27)

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COMMENT

Likes infrastructure sector especially with USA "build back better" program. Margins under pressure with Aecon. Believes there are better infrastructure investments out there.

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BUY

The stock came off because their backlog has been weaker than expected, and the cost overruns of their coastal gaslink. Their future is strong. Well-run and pays a good dividend, but shares will be lumpy and cyclical. You'll be fine buying at the bottom and holding long term.

contractors

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced earnings last week and although EPS beat, revenu missed. Investors are worried about slowing revenue growth. There was a sharp decline in share price, but the infrastructure spending is a tailwind. Okay for a long-term investment. Unlock Premium - Try 5i Free

contractors

TOP PICK

Have seen many new highs in stocks in the same group. Will benefit from the trillion dollar infrastructure bill. Pays a 3.2% dividend yield. Cashflow has grown significantly to $110M. Very attractive 12.3x cashflow yield. Sales up 27%, cashflow up 124%. Earnings estimates were bumped up by 9%. (Analysts’ price target is $23.54)

contractors

PAST TOP PICK

(A Top Pick Aug 18/20, Up 46%) Finally showing its true value. Ongoing demand for their expertise. Likes cashflow and dividend record. Continues to buy for clients.

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PARTIAL BUY

The lockdown in the second quarter brought fear into the projects that Aecon is working on. There is also a global picture where infrastructure projects are coming. One of the better plays for the long term with the infrastructure spending.

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BUY

It is in his model portfolio. Sooner or later he has been expecting some government infrastructure spending. The stock is not all that expensive. It has a nice balance sheet and has a decent yield. It is the type of thing you tuck away.

contractors

PARTIAL BUY

ARE-T vs. BIP.UN-T. He is happy with both. In terms of catalysts, ARE-T looks to be the more undervalued of the two. He thinks things will get more positive for it after the pandemic. It is a smaller company and could move farther. BIP.UN-T bought cell phone towers in India and are trying to take over IPL-T. He would average in to either one.

contractors

Showing 1 to 15 of 390 entries

Aecon Group Inc(ARE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 11

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, 11 stock analysts published opinions about ARE-T. 10 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 Aecon Group Inc.

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

Aecon Group Inc was recommended as a Top Pick by on . 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?

11 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 2022-05-20, Aecon Group Inc (ARE-T) stock closed at a price of $14.49.

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