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TSE:ARE

Aecon Group (ARE) Stock Price, News & Analysis

C$18.56
-0.05 (-0.27%)
(As of 09/6/2024 ET)
Today's Range
C$18.20
C$18.70
50-Day Range
C$14.01
C$18.71
52-Week Range
C$8.42
C$18.75
Volume
192,864 shs
Average Volume
297,394 shs
Market Capitalization
C$1.16 billion
P/E Ratio
N/A
Dividend Yield
4.09%
Price Target
C$19.62

Aecon Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
5.7% Upside
C$19.62 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$274,762 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.95 out of 5 stars

ARE stock logo

About Aecon Group Stock (TSE:ARE)

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1867 and is headquartered in Toronto, Canada.

ARE Stock Price History

ARE Stock News Headlines

China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Aecon Group Inc. (ARE.TO)
Total Energy Services Inc (5O7.SG)
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Top TSX Dividend Stocks Including Aecon Group
Closing Bell: Aecon Group Inc flat on Monday (ARE)
The evolution of ESG and sustainable finance
See More Headlines
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Company Calendar

Ex-Dividend for 7/3 Dividend
6/21/2024
Dividend Payable
7/03/2024
Last Earnings
7/24/2024
Today
9/07/2024
Ex-Dividend for 10/2 Dividend
9/20/2024
Dividend Payable
10/02/2024
Next Earnings (Estimated)
10/23/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
8,684
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$19.62
High Stock Price Target
C$25.00
Low Stock Price Target
C$16.00
Potential Upside/Downside
+5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
C$13.11 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.07 billion
Cash Flow
C$16.21 per share
Book Value
C$14.72 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.16 billion
Optionable
Not Optionable
Beta
1.12
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Key Executives

  • Mr. Jean-Louis Servranckx (Age 63)
    President, CEO & Director
    Comp: $2.89M
  • Mr. Steven N. Nackan
    Executive VP & President of Concessions
  • Mr. Eric MacDonald
    Executive Vice President of Utilities
  • Mr. Thomas Clochard
    Executive Vice President of Civil & Nuclear
  • Mr. Jerome Julier
    Executive VP & CFO
  • Mr. Adam Borgatti C.F.A.
    CPIR, Senior Vice President of Corporate Development & Investor Relations
  • Ms. Gordana Terkalas
    Chief People Officer
  • Mr. Mark Scherer
    Executive VP of Industrial & Chief Safety Officer
  • Mr. Mathew Kattapuram
    Senior Vice President of Strategic Business Development
  • Mr. John Singleton
    Senior Vice President of Industrial East & West

ARE Stock Analysis - Frequently Asked Questions

How have ARE shares performed this year?

Aecon Group's stock was trading at C$13.07 at the beginning of 2024. Since then, ARE shares have increased by 42.0% and is now trading at C$18.56.
View the best growth stocks for 2024 here
.

How were Aecon Group's earnings last quarter?

Aecon Group Inc. (TSE:ARE) posted its quarterly earnings data on Wednesday, July, 24th. The company reported ($1.99) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.53) by $0.54. The firm earned $853.80 million during the quarter, compared to analyst estimates of $1.01 billion. Aecon Group had a net margin of 0.32% and a trailing twelve-month return on equity of 1.40%.

How do I buy shares of Aecon Group?

Shares of ARE 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.

What other stocks do shareholders of Aecon Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aecon Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

This page (TSE:ARE) was last updated on 9/7/2024 by MarketBeat.com Staff

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