Aecon Group Inc (ARE-T) Stock Predictions - Stockchase
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Aecon Group Inc (ARE-T)

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Aecon Group Inc

ARE-T

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Aecon Group Inc (ARE-T) SAVE Mar, 20, 2019, 3:02 am

18.18 0.2 (1.09%)

About Aecon Group Inc (ARE-T)

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

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WEAK BUY
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.
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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.
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Douglas Kee

Chief Inve, Leon Frazer & Associ...

Price Price
$18.350
Owned Owned
No

WEAK BUY
Aecon Group Inc(ARE-T) 

March 7, 2019

The offer to take them out was blocked. It is rebounding after the selloff. The stability is there. The new CEO brings global experience. It should bode well for them expanding well outside of Canada. It has a strong balance sheet. This would be his pick in the space.
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The offer to take them out was blocked. It is rebounding after the selloff. The stability is there. The new CEO brings global experience. It should bode well for them expanding well outside of Canada. It has a strong balance sheet. This would be his pick in the space.
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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$18.970
Owned Owned
Unknown

COMMENT
Aecon Group Inc(ARE-T) 

January 18, 2019

ARE-T, WSP-T or SNC-T? He owns SNC-T, which has had its issues alongside the Canadian-Saudi Arabia situation. Fundamentally the company performs well. He owns STN-T. He was expecting this space to see better investment following the Canadian government plans to add to infrastructure. He has grown cold to the space as a whole.
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ARE-T, WSP-T or SNC-T? He owns SNC-T, which has had its issues alongside the Canadian-Saudi Arabia situation. Fundamentally the company performs well. He owns STN-T. He was expecting this space to see better investment following the Canadian government plans to add to infrastructure. He has grown cold to the space as a whole.
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Norman Levine

Managing D, Portfolio Management...

Price Price
$18.500
Owned Owned
_N/A

BUY
Aecon Group Inc(ARE-T) 

January 14, 2019

We are off our highs. Our lows are higher and that is good. Seasonally it is a good time. This is the time of year they do well and technically they look good.
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We are off our highs. Our lows are higher and that is good. Seasonally it is a good time. This is the time of year they do well and technically they look good.
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Brooke Thackray

Research A, Horizons ETFs (Canad...

Price Price
$18.330
Owned Owned
Unknown

PAST TOP PICK
Aecon Group Inc(ARE-T) 

December 10, 2018

(A Top Pick Oct 25/17, Up 9%) It's been a rollercoaster, given the Chinese bid that Ottawa struck down earlier this year. He sold at $19. He'd look at re-buying it. In this sector, he'd look at this and Stantec.
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(A Top Pick Oct 25/17, Up 9%) It's been a rollercoaster, given the Chinese bid that Ottawa struck down earlier this year. He sold at $19. He'd look at re-buying it. In this sector, he'd look at this and Stantec.
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Michael Sprung

President, Sprung Investment Ma...

Price Price
$17.420
Owned Owned
No

TOP PICK
Aecon Group Inc(ARE-T) 

November 28, 2018

It had a rough ride lately, because Ottawa killed a Chinese deal earlier this year. It now scores in the top 2% of his valuation. It's picked up strong price momentum. They have a huge backlog of projects. Well-positioned. (Analysts’ price target is $22.15)
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It had a rough ride lately, because Ottawa killed a Chinese deal earlier this year. It now scores in the top 2% of his valuation. It's picked up strong price momentum. They have a huge backlog of projects. Well-positioned. (Analysts’ price target is $22.15)
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Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$19.220
Owned Owned
Yes

BUY
Aecon Group Inc(ARE-T) 

November 21, 2018

Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it.
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Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it.
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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$18.690
Owned Owned
Unknown

COMMENT
Aecon Group Inc(ARE-T) 

October 29, 2018

They reported a good number lately, but failed to go private. It's too energy-centric for him. It's fully valued now after failing to go private.

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They reported a good number lately, but failed to go private. It's too energy-centric for him. It's fully valued now after failing to go private.

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$18.640
Owned Owned
No

BUY
Aecon Group Inc(ARE-T) 

October 23, 2018

STANTEC vs. AECON - He's studying the infrastructure space closely. He has no criticism about Stantec, but he prefers Aecon for its balance sheet ($260 million in cash) and low debt. And its new CEO has global experience, which is a catalyst for Aecon and will help them go global. He hasn't bought ARE yet, but will.

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STANTEC vs. AECON - He's studying the infrastructure space closely. He has no criticism about Stantec, but he prefers Aecon for its balance sheet ($260 million in cash) and low debt. And its new CEO has global experience, which is a catalyst for Aecon and will help them go global. He hasn't bought ARE yet, but will.

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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$16.770
Owned Owned
No

TOP PICK
Aecon Group Inc(ARE-T) 

October 11, 2018

There is great value in the company.  Earnings are expected to grow 33% in 2019 and 25% in 2020.  They announced an agreement to sell their contract mining business.  They should be in a net cash positive position afterwards.  It is a buying opportunity.  (Analysts’ target: $20.50).

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There is great value in the company.  Earnings are expected to grow 33% in 2019 and 25% in 2020.  They announced an agreement to sell their contract mining business.  They should be in a net cash positive position afterwards.  It is a buying opportunity.  (Analysts’ target: $20.50).

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Robert McWhirte

President, Selective Asset Mana...

Price Price
$16.170
Owned Owned
Yes

TOP PICK
Aecon Group Inc(ARE-T) 

September 28, 2018

Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.)

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Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.)

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$16.230
Owned Owned
Yes

TOP PICK
Aecon Group Inc(ARE-T) 

September 7, 2018

He buys on weakness. They have a record high backlog, and if they price it right, they’ll make good money. The Feds have allocated a lot of money to infrastructure, and Aecon should benefit. Valuation is temporarily cheap. He’ll be looking to sell in the high $20s. Yield is 3%. (Analysts’ price target is $19.81.)

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He buys on weakness. They have a record high backlog, and if they price it right, they’ll make good money. The Feds have allocated a lot of money to infrastructure, and Aecon should benefit. Valuation is temporarily cheap. He’ll be looking to sell in the high $20s. Yield is 3%. (Analysts’ price target is $19.81.)

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Fabrice Taylor

Publisher, The President's Club...

Price Price
$16.770
Owned Owned
Yes

DON'T BUY
Aecon Group Inc(ARE-T) 

August 30, 2018

Model price is $14, so it is below where it is trading at.  It is at EBV plus 1, and we have not had a breakout.  Wait for a buy signal.  He thinks it will come back.  There are better opportunities elsewhere.

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Model price is $14, so it is below where it is trading at.  It is at EBV plus 1, and we have not had a breakout.  Wait for a buy signal.  He thinks it will come back.  There are better opportunities elsewhere.

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Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$17.430
Owned Owned
Unknown

BUY
Aecon Group Inc(ARE-T) 

July 26, 2018

He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. 

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He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. 

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$15.300
Owned Owned
Yes

DON'T BUY
Aecon Group Inc(ARE-T) 

July 23, 2018

After the failed takeover bid the stock dropped.  He never really liked the construction business.  He has IBG-T for exposure to this industry because it is more stable.  Some of the promised government infrastructure spending has not come.

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After the failed takeover bid the stock dropped.  He never really liked the construction business.  He has IBG-T for exposure to this industry because it is more stable.  Some of the promised government infrastructure spending has not come.

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Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$15.200
Owned Owned
No

BUY
Aecon Group Inc(ARE-T) 

July 18, 2018

Will Ottawa fulfill promises of infrastructure spending? These stocks should be traded (not held). Remember these stocks are international, with building activities outside Canada. This sector will go, along with a lift in the market that he predicts.

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Will Ottawa fulfill promises of infrastructure spending? These stocks should be traded (not held). Remember these stocks are international, with building activities outside Canada. This sector will go, along with a lift in the market that he predicts.

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Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$15.350
Owned Owned
Unknown

WATCH
Aecon Group Inc(ARE-T) 

July 10, 2018

They came back to the $15 after the sale was disapproved. There are the usual construction issues, such as the risks of overruns on fixed-price contracts on large projects. They have a stronger backlog. She doesn’t see a rush to buy the company. They are looking for a new CEO and not actively looking for a new buyer, so the share price will be driven by how well it performs in the future. (Analysts’ price target is $18.80)

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They came back to the $15 after the sale was disapproved. There are the usual construction issues, such as the risks of overruns on fixed-price contracts on large projects. They have a stronger backlog. She doesn’t see a rush to buy the company. They are looking for a new CEO and not actively looking for a new buyer, so the share price will be driven by how well it performs in the future. (Analysts’ price target is $18.80)

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$15.380
Owned Owned
No

DON'T BUY
Aecon Group Inc(ARE-T) 

July 4, 2018

He owns two engineering companies – SNC Lavalin (SNC-T) and Stantec (STN-T).  He keeps waiting for the actual infrastructure spending incentives from the Federal government to ignite these holdings.  Aecon’s senior management does not impress him.  He would prefer to hold the other alternatives.  

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He owns two engineering companies – SNC Lavalin (SNC-T) and Stantec (STN-T).  He keeps waiting for the actual infrastructure spending incentives from the Federal government to ignite these holdings.  Aecon’s senior management does not impress him.  He would prefer to hold the other alternatives.  

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Norman Levine

Managing D, Portfolio Management...

Price Price
$15.520
Owned Owned
No

WEAK BUY
Aecon Group Inc(ARE-T) 

June 27, 2018

He is thankful this continues to be a Canadian company as there are fewer in the Canadian space left to invest in.  He is watching it again, now that it is down 22% this year.  He sees it as still being a little expensive at 19 times earnings.   He would take an initial 1/3 position at these levels.  Yield 3.25%.  

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He is thankful this continues to be a Canadian company as there are fewer in the Canadian space left to invest in.  He is watching it again, now that it is down 22% this year.  He sees it as still being a little expensive at 19 times earnings.   He would take an initial 1/3 position at these levels.  Yield 3.25%.  

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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$15.430
Owned Owned
No

HOLD
Aecon Group Inc(ARE-T) 

June 25, 2018

It's been in a tight range for a very long time. It's now downward in a middle ground. Continue to hold it, but he'd like to see it rise above $18.

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It's been in a tight range for a very long time. It's now downward in a middle ground. Continue to hold it, but he'd like to see it rise above $18.

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Elliott Fishman

Director o, Trading Services Gro...

Price Price
$15.480
Owned Owned
Unknown

TOP PICK
Aecon Group Inc(ARE-T) 

June 22, 2018

They had a price collapse. There is a vacuum. The backlog is the biggest its ever been at 4.6 billion. Visibility is improving. Growth is kicking in. Trading at a reasonable 12.2 times 2019 earnings. Benefiting from the nuclear refurbishment contracts. (Analysts’ price target is $18.80)

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They had a price collapse. There is a vacuum. The backlog is the biggest its ever been at 4.6 billion. Visibility is improving. Growth is kicking in. Trading at a reasonable 12.2 times 2019 earnings. Benefiting from the nuclear refurbishment contracts. (Analysts’ price target is $18.80)

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$15.710
Owned Owned
Yes

TOP PICK
Aecon Group Inc(ARE-T) 

June 13, 2018

He doesn’t normally like to buy companies when it is like catching a falling knife, but when it fell 25% it was too good to pass by.  Unlike other construction companies its multiples did not jump when PM Trudeau announced infrastructure spending, so the stock looks very cheap presently.  They have a record high order backlog.  Yield 3.3%. 

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He doesn’t normally like to buy companies when it is like catching a falling knife, but when it fell 25% it was too good to pass by.  Unlike other construction companies its multiples did not jump when PM Trudeau announced infrastructure spending, so the stock looks very cheap presently.  They have a record high order backlog.  Yield 3.3%. 

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Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$15.380
Owned Owned
Yes

WAIT
Aecon Group Inc(ARE-T) 

June 4, 2018

The company is getting back down to where it is getting interesting again.  Let the chips fall after the failed takeover.  You need to wait for a while and make sure everything has shaken out.

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The company is getting back down to where it is getting interesting again.  Let the chips fall after the failed takeover.  You need to wait for a while and make sure everything has shaken out.

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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$14.640
Owned Owned
Unknown

DON'T BUY
Aecon Group Inc(ARE-T) 

May 24, 2018

A Chinese company failed to acquire this company.  Now you have a lot of uncertainty left in this stock.  He would prefer others in this space regardless.  You will have a shift in the type of investor that will hold this.

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A Chinese company failed to acquire this company.  Now you have a lot of uncertainty left in this stock.  He would prefer others in this space regardless.  You will have a shift in the type of investor that will hold this.

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Ryan Modesto

Managing P, 5i Research...

Price Price
$14.670
Owned Owned
No

SELL
Aecon Group Inc(ARE-T) 

May 10, 2018

Is the fact that it is being bought by a Chinese firm holding the stock? Sell on mystery buy on history. It looks like it is waiting for something. It looks toppy here. He would take a win here.

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Is the fact that it is being bought by a Chinese firm holding the stock? Sell on mystery buy on history. It looks like it is waiting for something. It looks toppy here. He would take a win here.

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Elliott Fishman

Director o, Trading Services Gro...

Price Price
$17.900
Owned Owned
No

PAST TOP PICK
Aecon Group Inc(ARE-T) 

January 26, 2018

(A Top Pick Jan 18/17. Up 31%) This has a takeover offer on the table. At the time, it was compelling on a valuation basis relative to its peers. The infrastructure assets look very good, but had also thought he saw a turnaround coming in mining and energy.

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(A Top Pick Jan 18/17. Up 31%) This has a takeover offer on the table. At the time, it was compelling on a valuation basis relative to its peers. The infrastructure assets look very good, but had also thought he saw a turnaround coming in mining and energy.

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$19.980
Owned Owned
Yes

PARTIAL SELL
Aecon Group Inc(ARE-T) 

November 29, 2017

A Chinese company is offering to acquire this at $20.37. There is still uncertainty. If you own, he would consider selling some of your holdings.

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A Chinese company is offering to acquire this at $20.37. There is still uncertainty. If you own, he would consider selling some of your holdings.

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Andy Nasr

VP & Inves, Sentry Investments...

Price Price
$19.590
Owned Owned
Unknown

PAST TOP PICK
Aecon Group Inc(ARE-T) 

November 17, 2017

(A Top Pick Sept 28/16. Up 13%.) About to be taken over by a Chinese buyer, but he tends to think the government will step in and block the sale. He likes the whole space. He would come back to this in a heartbeat if the deal fell through.

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(A Top Pick Sept 28/16. Up 13%.) About to be taken over by a Chinese buyer, but he tends to think the government will step in and block the sale. He likes the whole space. He would come back to this in a heartbeat if the deal fell through.

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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$19.590
Owned Owned
No

PARTIAL SELL
Aecon Group Inc(ARE-T) 

November 2, 2017

It is trading at a bit of discount to the price being offered by the Chinese.  There is some doubt that maybe they will not be allowed to be sold to the Chinese.  He does not own it and has another pick in the group.  You have probably made money on it and could sell half to lock in profits in case it does not happen.  It is 80-90% and not 100%.

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It is trading at a bit of discount to the price being offered by the Chinese.  There is some doubt that maybe they will not be allowed to be sold to the Chinese.  He does not own it and has another pick in the group.  You have probably made money on it and could sell half to lock in profits in case it does not happen.  It is 80-90% and not 100%.

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$19.350
Owned Owned
No

TOP PICK
Aecon Group Inc(ARE-T) 

October 25, 2017

They are very well positioned to take advantage of more public infrastructure spending. They were looking at selling the company a while ago, but if it were to be sold, it would be closer to $20 than where it’s trading today.

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They are very well positioned to take advantage of more public infrastructure spending. They were looking at selling the company a while ago, but if it were to be sold, it would be closer to $20 than where it’s trading today.

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$16.520
Owned Owned
Yes

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