National Bank Financial Comments on Aecon Group Q2 Earnings

Aecon Group Inc. (TSE:ARE) – Equities researchers at National Bank Financial lowered their Q2 2025 EPS estimates for Aecon Group in a research note issued on Monday, July 14th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.43. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. National Bank Financial also issued estimates for Aecon Group’s FY2025 earnings at $0.51 EPS and FY2026 earnings at $1.82 EPS.

Several other research firms also recently weighed in on ARE. Stifel Canada raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 17th. Raymond James Financial decreased their price target on shares of Aecon Group from C$23.00 to C$21.00 in a research note on Monday, April 28th. Stifel Nicolaus decreased their price target on shares of Aecon Group from C$16.00 to C$14.00 in a research note on Friday, April 25th. TD Securities decreased 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 report on Friday, April 25th. Finally, BMO Capital Markets decreased their target price on shares of Aecon Group from C$20.00 to C$19.00 in a research report on Friday, April 25th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$22.90.

Aecon Group Price Performance

Shares of TSE ARE opened at C$20.22 on Thursday. Aecon Group has a twelve month low of C$13.03 and a twelve month high of C$29.70. The firm has a fifty day simple moving average of C$19.59 and a 200 day simple moving average of C$20.36. The company has a market capitalization of C$1.28 billion, a PE ratio of -19.89, a P/E/G ratio of 18.18 and a beta of 1.13. The company has a quick ratio of 1.27, a current ratio of 1.19 and a debt-to-equity ratio of 32.84.

Aecon Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Thursday, July 3rd were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.76%. The ex-dividend date was Monday, June 23rd. Aecon Group’s dividend payout ratio (DPR) is currently -74.76%.

Insider Activity

In other news, Director Leslie Compton Kass bought 6,325 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The shares were acquired at an average price of C$19.44 per share, with a total value of C$122,953.83. Also, Director Scott William Thon bought 10,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of C$19.21 per share, for a total transaction of C$201,705.00. Insiders have acquired a total of 21,825 shares of company stock valued at $419,159 over the last quarter. Company insiders own 0.82% of the company’s stock.

Aecon Group Company Profile

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.