Aecon Group (TSE:ARE - Free Report) had its price objective trimmed by Desjardins from C$32.00 to C$29.00 in a research report released on Friday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock. Desjardins also issued estimates for Aecon Group's Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.54 EPS, Q4 2025 earnings at $0.38 EPS and FY2026 earnings at $2.40 EPS.
Other analysts have also issued research reports about the company. BMO Capital Markets upped their price objective on Aecon Group from C$27.00 to C$29.00 in a report on Friday, December 6th. National Bank Financial lowered Aecon Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, December 3rd. CIBC cut their target price on Aecon Group from C$35.00 to C$33.00 in a research report on Monday, February 3rd. Finally, National Bankshares lowered Aecon Group from an "outperform" rating to a "sector perform" rating and boosted their target price for the stock from C$28.00 to C$30.00 in a research report on Wednesday, December 4th. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$25.25.
Get Our Latest Analysis on Aecon Group
Aecon Group Price Performance
Shares of Aecon Group stock traded up C$0.02 during trading on Friday, hitting C$18.05. The stock had a trading volume of 643,100 shares, compared to its average volume of 445,845. 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 firm has a market cap of C$1.14 billion, a P/E ratio of -17.76, a PEG ratio of 18.18 and a beta of 1.13. The business has a fifty day moving average of C$24.01 and a two-hundred day moving average of C$23.93. Aecon Group has a fifty-two week low of C$13.03 and a fifty-two week high of C$29.70.
Aecon Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a $0.76 dividend on an annualized basis and a yield of 4.21%. Aecon Group's dividend payout ratio (DPR) is currently -74.76%.
Insider Buying and Selling at Aecon Group
In other news, Director Stuart Lee bought 5,700 shares of the stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$18.35 per share, for a total transaction of C$104,595.00. Corporate insiders own 0.82% of the company's stock.
Aecon Group Company Profile
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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.
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