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ARE Stock Chart & Stats
C$42.96
-C$1.24(-2.46%)
At close: 4:00 PM EDT
C$42.96
-C$1.24(-2.46%)
Day’s Range― - ―
52-Week RangeC$22.65 - C$57.72
Previous CloseN/A
Volume134.97K
Average Volume (3M)390.87K
Market Cap
C$3.59B
Enterprise ValueC$3.31K
Total Cash (Recent Filing)C$629.56M
Total Debt (Recent Filing)C$804.04M
Price to Earnings (P/E)―
Beta0.55
Next Earnings
Oct 29, 2026EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend Yield1.49%
Share Statistics
EPS (TTM)-0.91
Shares Outstanding68,576,760
10 Day Avg. Volume456,036
30 Day Avg. Volume390,870
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$59.33Price Target Upside38.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.53
Revenue Forecast (FY)C$6.35B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationThe sharp free-cash-flow turnaround improves Aecon’s ability to fund projects, reduce financial pressure, and support shareholder distributions internally. If sustained, stronger cash conversion can provide resilience through project timing variations and create greater flexibility for growth investments.
Backlog And Growth VisibilityA large backlog and continued awards provide multi-period revenue visibility for a project-based contractor. Management’s double-digit 2026 growth outlook is supported by this contracted work, while the breadth of infrastructure projects can sustain activity across several end markets.
Recurring Utilities PlatformGrowing recurring utility revenue gives Aecon a steadier earnings base than construction activity alone. Acquiring the preferred shares to simplify ownership and gain full economic and strategic control could improve alignment, capture more platform benefits, and strengthen long-term infrastructure exposure.
Bears Say
Unstable Bottom-line ProfitabilityAecon’s improving operating performance has not yet translated into stable net earnings. Recent swings from strong profitability to losses make future returns less predictable, while negative ROE indicates that shareholder capital is not currently producing an adequate accounting return.
Legacy Project Profit DragThe continuing legacy-project losses weigh directly on reported margins and earnings despite stronger current operations. Their cumulative drag can absorb cash and management attention, delaying the conversion of improved construction performance into consistent company-wide profitability.
Higher Leverage And Margin PressureRising leverage reduces financial flexibility while Aecon is still experiencing uneven profitability. Lower margins in industrial and nuclear operations add execution pressure, making it harder for incremental revenue to produce durable earnings and increasing sensitivity to project performance.
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$22.65 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$3.59B.
When is Aecon Group Inc.’s upcoming earnings report date?
Aecon Group Inc.’s upcoming earnings report date is Oct 29, 2026 which is in 30 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 1.49%. 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 68,576,760 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 1.004%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$59.33 (38.11% Upside)
C$59.33 (38.11% Upside)
Blogger Sentiment
Bearish
TSE:ARE Sentiment 100%
Sector Average 62%
Sector Average 62%
Insider Transactions
Sold Shares
Worth C$2.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 4.0%
Last 30 Days ▲ 9.8%
Last 30 Days ▲ 9.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
131.91%
12-Months-Change
Fundamentals
Return on Equity
1.49%
Trailing 12-Months
Asset Growth
28.10%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$59.33
▲(38.11% Upside)
Technical Analysis
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