Research Analysts Set Expectations for Aecon Group Inc.’s FY2025 Earnings (TSE:ARE)

Aecon Group Inc. (TSE:ARE) – Research analysts at Desjardins decreased their FY2025 earnings per share (EPS) estimates for Aecon Group in a report issued on Tuesday, July 2nd. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $1.07 per share for the year, down from their prior estimate of $1.09. Desjardins has a “Buy” rating and a $18.00 price objective on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $0.91 per share.

Other equities analysts also recently issued research reports about the company. CIBC increased their price target on Aecon Group from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. TD Securities decreased their target price on Aecon Group from C$18.00 to C$17.00 and set a “hold” rating on the stock in a research report on Tuesday. Royal Bank of Canada cut their price target on shares of Aecon Group from C$16.00 to C$13.00 and set a “sector perform” rating for the company in a report on Tuesday. Stifel Nicolaus upped their price objective on shares of Aecon Group from C$16.25 to C$16.50 in a research report on Wednesday. Finally, National Bankshares lifted their target price on shares of Aecon Group from C$15.00 to C$18.00 and gave the company a “sector perform” rating in a research report on Friday, April 26th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$18.32.

Aecon Group Trading Down 3.9 %

ARE stock opened at C$14.02 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.50 and a debt-to-equity ratio of 28.71. Aecon Group has a 52-week low of C$8.42 and a 52-week high of C$17.40. The company’s 50-day simple moving average is C$16.53 and its 200-day simple moving average is C$15.50. The firm has a market cap of C$873.03 million, a P/E ratio of 6.52, a PEG ratio of 18.18 and a beta of 1.19.

Aecon Group (TSE:ARE) last released its quarterly earnings results on Wednesday, April 24th. The company reported C($0.10) EPS for the quarter, beating the consensus estimate of C($0.14) by C$0.04. The company had revenue of C$846.59 million for the quarter, compared to analyst estimates of C$1.03 billion. Aecon Group had a net margin of 3.77% and a return on equity of 16.62%.

Aecon Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, July 3rd were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.42%. The ex-dividend date was Friday, June 21st. Aecon Group’s dividend payout ratio is currently 35.35%.

Aecon Group Company Profile

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.