Q1 EPS Estimates for Aecon Group Lowered by Analyst

Aecon Group Inc. (TSE:ARE - Free Report) - Analysts at National Bank Financial decreased their Q1 2025 EPS estimates for Aecon Group in a research note issued to investors on Thursday, March 6th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.14. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Aecon Group's current full-year earnings is $1.38 per share. National Bank Financial also issued estimates for Aecon Group's Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.44 EPS and FY2026 earnings at $1.74 EPS.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets decreased their price target on shares of Aecon Group from C$29.00 to C$24.00 in a report on Friday, March 7th. National Bankshares upgraded Aecon Group from a "sector perform" rating to an "outperform" rating in a research note on Monday. Stifel Nicolaus downgraded Aecon Group from a "buy" rating to a "hold" rating and dropped their price target for the stock from C$31.00 to C$19.00 in a research report on Friday, March 7th. Stifel Canada cut Aecon Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 6th. Finally, CIBC lowered their price objective on shares of Aecon Group from C$33.00 to C$30.00 in a research note on Friday, March 7th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$25.25.

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Aecon Group Stock Performance

Shares of TSE ARE traded down C$0.52 during trading hours on Monday, hitting C$17.20. 547,580 shares of the stock were exchanged, compared to its average volume of 451,777. The firm has a market capitalization of C$1.09 billion, a P/E ratio of -16.92, a P/E/G ratio of 18.18 and a beta of 1.13. Aecon Group has a one year low of C$13.03 and a one year high of C$29.70. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27. The company's 50 day moving average is C$23.64 and its 200 day moving average is C$23.93.

Aecon Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend was Tuesday, December 24th. Aecon Group's payout ratio is -74.76%.

Insider Activity

In related news, Director Stuart Lee bought 5,700 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average price of C$18.35 per share, for a total transaction of C$104,595.00. 0.82% of the stock is owned by company insiders.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.