ATCO (ACO.X) Competitors

C$40.66
-0.11 (-0.27%)
(As of 05/17/2024 08:55 PM ET)

ACO.X vs. CU, CPX, BLX, TA, NPI, SPB, AQN, BIPC, INE, and BEPC

Should you be buying ATCO stock or one of its competitors? The main competitors of ATCO include Canadian Utilities (CU), Capital Power (CPX), Boralex (BLX), TransAlta (TA), Northland Power (NPI), Superior Plus (SPB), Algonquin Power & Utilities (AQN), Brookfield Infrastructure (BIPC), Innergex Renewable Energy (INE), and Brookfield Renewable (BEPC). These companies are all part of the "utilities" sector.

ATCO vs.

ATCO (TSE:ACO.X) and Canadian Utilities (TSE:CU) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, institutional ownership, valuation, earnings, profitability, risk and media sentiment.

Canadian Utilities received 218 more outperform votes than ATCO when rated by MarketBeat users. Likewise, 59.72% of users gave Canadian Utilities an outperform vote while only 46.39% of users gave ATCO an outperform vote.

CompanyUnderperformOutperform
ATCOOutperform Votes
212
46.39%
Underperform Votes
245
53.61%
Canadian UtilitiesOutperform Votes
430
59.72%
Underperform Votes
290
40.28%

In the previous week, Canadian Utilities had 2 more articles in the media than ATCO. MarketBeat recorded 5 mentions for Canadian Utilities and 3 mentions for ATCO. ATCO's average media sentiment score of 0.61 beat Canadian Utilities' score of 0.05 indicating that ATCO is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ATCO
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Utilities
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

ATCO has a beta of 0.67, suggesting that its stock price is 33% less volatile than the S&P 500. Comparatively, Canadian Utilities has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500.

28.7% of ATCO shares are owned by institutional investors. Comparatively, 15.1% of Canadian Utilities shares are owned by institutional investors. 0.6% of ATCO shares are owned by insiders. Comparatively, 38.0% of Canadian Utilities shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 4.8%. Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 5.7%. ATCO pays out 53.6% of its earnings in the form of a dividend. Canadian Utilities pays out 77.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

ATCO currently has a consensus price target of C$45.92, suggesting a potential upside of 12.93%. Canadian Utilities has a consensus price target of C$35.43, suggesting a potential upside of 11.27%. Given ATCO's stronger consensus rating and higher probable upside, analysts clearly believe ATCO is more favorable than Canadian Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ATCO
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Canadian Utilities
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14

Canadian Utilities has a net margin of 18.63% compared to ATCO's net margin of 8.75%. Canadian Utilities' return on equity of 10.08% beat ATCO's return on equity.

Company Net Margins Return on Equity Return on Assets
ATCO8.75% 9.07% 3.08%
Canadian Utilities 18.63%10.08%2.87%

Canadian Utilities has lower revenue, but higher earnings than ATCO. ATCO is trading at a lower price-to-earnings ratio than Canadian Utilities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ATCOC$4.71B0.86C$412MC$3.6611.11
Canadian UtilitiesC$3.80B1.71C$630MC$2.3313.67

Summary

ATCO and Canadian Utilities tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ACO.X and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ACO.X vs. The Competition

MetricATCOUtilities IndustryUtilities SectorTSE Exchange
Market CapC$4.06BC$8.68BC$11.97BC$4.00B
Dividend Yield4.91%5.15%4.12%7.07%
P/E Ratio11.11346.5980.7125.00
Price / Sales0.8632.0127.651,825.34
Price / Cash3.8715.2253.9872.85
Price / Book1.012.891.963.32
Net IncomeC$412MC$468.49MC$573.53MC$260.62M
7 Day Performance0.22%0.70%1.43%0.89%
1 Month Performance11.18%6.13%6.59%3.70%
1 Year Performance-7.17%4.69%4.04%17.04%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.69 of 5 stars
C$32.04
+0.6%
C$35.43
+10.6%
-16.3%C$6.55BC$3.80B13.759,018
CPX
Capital Power
3.6573 of 5 stars
C$37.25
-1.2%
C$44.45
+19.3%
-17.5%C$4.81BC$4.07B6.17737
BLX
Boralex
3.4029 of 5 stars
C$29.35
-1.5%
C$40.00
+36.3%
-15.0%C$3.02BC$1.02B38.62753Dividend Announcement
Analyst Revision
News Coverage
TA
TransAlta
3.2166 of 5 stars
C$9.50
-1.3%
C$15.55
+63.7%
-25.1%C$2.89BC$3.21B4.871,257
NPI
Northland Power
4.0404 of 5 stars
C$21.83
0.0%
C$31.79
+45.6%
-19.1%C$5.58BC$2.23B-30.321,150Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
SPB
Superior Plus
2.4404 of 5 stars
C$9.44
-0.4%
C$12.69
+34.4%
-8.7%C$2.35BC$3.35B41.0417,113Dividend Announcement
Analyst Revision
News Coverage
AQN
Algonquin Power & Utilities
0.1066 of 5 stars
C$8.86
-0.7%
C$7.08
-20.1%
-20.8%C$6.11BC$2.70B221.503,946
BIPC
Brookfield Infrastructure
0 of 5 stars
46.41
-1.3%
N/A-23.4%$6.12B$2.91B8.961,700
INE
Innergex Renewable Energy
2.6569 of 5 stars
C$8.43
-1.7%
C$12.53
+48.7%
-34.3%C$1.72BC$1.04B-16.53602
BEPC
Brookfield Renewable
0 of 5 stars
42.15
-1.7%
N/A-10.8%$7.57B$4.55B-30.321,890

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This page (TSE:ACO.X) was last updated on 5/20/2024 by MarketBeat.com Staff

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