FY2025 EPS Estimates for Aecon Group Lowered by Analyst

Aecon Group Inc. (TSE:ARE) – Equities research analysts at Stifel Canada dropped their FY2025 earnings estimates for shares of Aecon Group in a report issued on Tuesday, July 15th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $0.37 per share for the year, down from their previous estimate of $0.48. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

A number of other research analysts have also issued reports on the stock. National Bank Financial lowered shares of Aecon Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 14th. BMO Capital Markets reduced their target price on shares of Aecon Group from C$20.00 to C$19.00 in a research note on Friday, April 25th. Royal Bank Of Canada reduced their target price on shares of Aecon Group from C$18.00 to C$17.00 in a research note on Friday, April 25th. Raymond James Financial reduced their target price on shares of Aecon Group from C$23.00 to C$21.00 in a research note on Monday, April 28th. Finally, TD Securities reduced their target price on shares of Aecon Group from C$23.00 to C$20.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Aecon Group presently has an average rating of “Moderate Buy” and an average target price of C$22.90.

Aecon Group Trading Down 1.0%

Aecon Group stock opened at C$20.02 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.19 and a debt-to-equity ratio of 32.84. The firm has a 50-day moving average price of C$19.63 and a two-hundred day moving average price of C$20.31. The firm has a market capitalization of C$1.27 billion, a price-to-earnings ratio of -19.69, a PEG ratio of 18.18 and a beta of 1.13. Aecon Group has a 52-week low of C$13.03 and a 52-week high of C$29.70.

Insider Buying and Selling at Aecon Group

In related news, Director Deborah Susan Stein purchased 5,000 shares of Aecon Group stock in a transaction on Wednesday, June 4th. The stock was purchased at an average cost of C$18.90 per share, with a total value of C$94,500.00. Also, Director Leslie Compton Kass purchased 6,325 shares of Aecon Group stock in a transaction on Tuesday, June 10th. The stock was bought at an average cost of C$19.44 per share, with a total value of C$122,953.83. Insiders purchased a total of 21,825 shares of company stock valued at $419,159 in the last ninety days. Company insiders own 0.82% of the company’s stock.

Aecon Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Thursday, July 3rd were paid a dividend of $0.19 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.76 annualized dividend and a dividend yield of 3.80%. Aecon Group’s dividend payout ratio (DPR) is -74.76%.

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.