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ARE Stock Chart & Stats
C$50.31
-C$1.24(-2.46%)
At close: 4:00 PM EDT
C$50.31
-C$1.24(-2.46%)
Day’s Range― - ―
52-Week RangeC$19.81 - C$57.72
Previous CloseN/A
Volume134.97K
Average Volume (3M)372.83K
Market Cap
C$3.20B
Enterprise ValueC$3.31K
Total Cash (Recent Filing)C$629.56M
Total Debt (Recent Filing)C$804.04M
Price to Earnings (P/E)―
Beta0.56
Next Earnings
Oct 28, 2026EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend Yield1.7%
Share Statistics
EPS (TTM)-0.91
Shares Outstanding68,529,526
10 Day Avg. Volume309,014
30 Day Avg. Volume372,832
Financial Highlights & Ratios
PEG Ratio-1.04
Price to Book (P/B)2.14
Price to Sales (P/S)0.36
P/FCF Ratio32.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$58.29Price Target Upside15.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.48
Revenue Forecast (FY)C$6.35B
Bulls Say, Bears Say
Bulls Say
Large Backlog & Award PipelineA $10.5B backlog with meaningful new awards provides multi‑year revenue visibility and supports higher utilization of crews and equipment. This reduces near‑term bidding risk, underpins forward revenue growth and allows phased execution planning that should stabilize operating margins over time.
Improved Cash GenerationA material free‑cash‑flow turnaround strengthens liquidity and operating resilience, enabling internal funding for working capital, capex and the Aecon Utilities buyout. Consistent positive FCF also supports debt paydown, dividend funding and reduces reliance on external financing through economic cycles.
Growing Recurring RevenueRising recurring utility revenue (30% YoY) and >$1B of recurring streams improve cash predictability and margins versus pure project work. This shift increases revenue quality, supports long‑term margin stability and reduces sensitivity to discrete project timing and new award cycles.
Bears Say
Earnings Volatility & Legacy Project DragPersistent bottom‑line volatility and legacy project losses (LTM impacts) undermine earnings quality and can erode retained equity. Continued GAAP losses constrain retained capital, complicate covenant headroom and can limit the firm's ability to bid large fixed‑price projects without added contingency.
Rising Leverage Reducing FlexibilityHigher debt‑to‑equity and rising leverage reduce financial flexibility and increase interest and covenant risk when project cash flows soften. This limits the firm's ability to absorb execution setbacks, pursue opportunistic M&A, or self‑fund large concession investments without raising costly external capital.
Segment Margin Pressure (industrial, Nuclear, Concessions)Margin erosion in industrial and nuclear work, plus declining concessions EBITDA, points to structural execution and mix risks. Rising MG&A to support growth can offset unit margin gains, keeping consolidated margins under pressure and making sustained margin improvement harder without better project selection and productivity.
Aecon Group Inc. News
ARE FAQ
What was Aecon Group Inc.’s price range in the past 12 months?
Aecon Group Inc. lowest stock price was C$19.81 and its highest was C$57.72 in the past 12 months.
What is Aecon Group Inc.’s market cap?
Aecon Group Inc.’s market cap is C$3.20B.
When is Aecon Group Inc.’s upcoming earnings report date?
Aecon Group Inc.’s upcoming earnings report date is Oct 28, 2026 which is in 78 days.
How were Aecon Group Inc.’s earnings last quarter?
Aecon Group Inc. released its earnings results on Jul 30, 2026. The company reported C$0.33 earnings per share for the quarter, beating the consensus estimate of C$0.298 by C$0.032.
Is Aecon Group Inc. overvalued?
According to Wall Street analysts Aecon Group Inc.’s price is currently Undervalued.
Does Aecon Group Inc. pay dividends?
Aecon Group Inc. pays a Quarterly dividend of C$0.193 which represents an annual dividend yield of 1.7%. See more information on Aecon Group Inc. dividends here
What is Aecon Group Inc.’s EPS estimate?
Aecon Group Inc.’s EPS estimate is 0.74.
How many shares outstanding does Aecon Group Inc. have?
Aecon Group Inc. has 68,529,526 shares outstanding.
What happened to Aecon Group Inc.’s price movement after its last earnings report?
Aecon Group Inc. reported an EPS of C$0.33 in its last earnings report, beating expectations of C$0.298. Following the earnings report the stock price went up 1.005%.
Which hedge fund is a major shareholder of Aecon Group Inc.?
Currently, no hedge funds are holding shares in TSE:ARE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Aecon Group Inc. Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$58.29 (15.85% Upside)
C$58.29 (15.85% Upside)
Blogger Sentiment
Bearish
TSE:ARE Sentiment 100%
Sector Average 58%
Sector Average 58%
Insider Transactions
Sold Shares
Worth C$1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.8%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.79%
12-Months-Change
Fundamentals
Return on Equity
1.70%
Trailing 12-Months
Asset Growth
28.10%
Trailing 12-Months
Company Description
Aecon Group Inc.
Aecon Group Inc., alongside its subsidiaries, delivers a comprehensive array of construction and infrastructure development services to both private and public sector clients across Canada, the United States, and globally. The company operates through two primary divisions: Construction and Concessions. Within its Construction segment, Aecon primarily targets vital areas such as civil infrastructure projects, urban transit systems, nuclear energy facilities, general utility networks, and conventional industrial frameworks. The Concessions segment, conversely, specializes in managing construction ventures through their entire lifecycle, encompassing development, building, financing, and ongoing operations, often structured as public-private partnerships (PPPs). Established in 1877 and headquartered in Toronto, Canada, the firm was originally known as Prefac Concrete Co. Ltd. before rebranding as Aecon Group Inc. in June 2001.
ARE Stock 12 Month Forecast
Average Price Target
C$58.29
▲(15.85% Upside)
Technical Analysis
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