ATCO (ACO.X) Stock Price, News & Analysis

Company Overview

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions. It also offers workforce and residential housing, modular facilities, construction and site support, workforce lodging, facility operations and maintenance, defense operations, and disaster and emergency management services. In addition, the company provides commercial real estate services, including sale, lease, and development of office and industrial properties; process and markets fly ash; and generates electricity through hydro, solar, wind, and natural gas facilities. Further, the company provides ports and transportation logistics; natural gas liquids storage services; and provides integrated water services, including pipeline transportation, storage, water treatment, recycling, and disposal to various industrial customers. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. is a subsidiary of Sentgraf Enterprises Ltd.

Key Stats

• Today's Range: C$48.14 to C$49.10
• 50-Day Range: C$44.88 to C$49.13
• 52-Week Range: C$35.56 to C$49.32
• Volume: 150,600 shs
• Average Volume: 195,217 shs
• Market Capitalization: C$4.84 billion
• P/E Ratio: 14.20
• Dividend Yield: 4.04%
• Price Target: C$51.10
• Consensus Rating: Hold

ATCO Stock Analysis - MarketRank™

ATCO scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

ATCO has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ATCO has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ATCO is 14.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of ATCO is 14.20, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.76.

Price to Earnings Growth Ratio

ATCO has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

ATCO has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ACO.X.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

ATCO is a leading dividend payer. It pays a dividend yield of 4.11%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ATCO does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ATCO is 57.31%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ACO.X.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.51

News Sentiment

ATCO has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for ATCO this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, ATCO insiders have bought 2,435.75% more of their company's stock than they have sold. Specifically, they have bought C$569,150.00 in company stock and sold C$22,445.00 in company stock.

Percentage Held by Insiders

Only 0.61% of the stock of ATCO is held by insiders.

Percentage Held by Institutions

Only 28.36% of the stock of ATCO is held by institutions.

ACO.X Stock Analysis - Frequently Asked Questions

How have ACO.X shares performed this year?

ATCO's stock was trading at C$38.67 on January 1st, 2024. Since then, ACO.X stock has increased by 25.5% and is now trading at C$48.55.
View the best growth stocks for 2024 here.

How do I buy shares of ATCO?

Shares of ACO.X stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Diversified
• Sub-Industry: N/A
• Current Symbol: TSE:ACO.X
• CUSIP: N/A
• CIK: N/A
• Web: www.atco.com
• Phone: +1-403-2927500
• Fax: N/A
• Employees: 20,175
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$51.10
• High Stock Price Target: C$58.00
• Low Stock Price Target: C$45.00
• Potential Upside/Downside: +5.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.42
• Trailing P/E Ratio: 14.20
• Forward P/E Ratio: 11.56
• P/E Growth: 3.8
• Net Income: C$385 million
• Net Margins: 8.16%
• Pretax Margin: N/A
• Return on Equity: 8.54%
• Return on Assets: 2.95%

Debt

• Debt-to-Equity Ratio: 131.63
• Current Ratio: 1.42
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: C$4.71 billion
• Price / Sales: 1.03
• Cash Flow: C$12.54 per share
• Price / Cash Flow: 3.87
• Book Value: C$40.19 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 99,730,000
• Free Float: N/A
• Market Cap: C$4.84 billion
• Optionable: Not Optionable
• Beta: 0.74