|Bid||17.25 x N/A|
|Ask||17.26 x N/A|
|Day's Range||17.21 - 17.37|
|52 Week Range||16.62 - 21.83|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||13.95|
|Earnings Date||Mar. 4, 2020|
|Forward Dividend & Yield||0.58 (3.39%)|
|1y Target Est||25.09|
Canadians should find companies with strong revenue growth and solid dividend histories like Aecon Group Inc (TSX:ARE) to add to their stock market positions.
MONTREAL — Aecon Group Inc. says profits stayed flat last quarter after construction and nuclear projects drove adjusted earnings that slightly topped analysts' expectations.The Toronto-based company says net income nudged up 0.2 per cent year over year to $42.1 million in its third quarter, driven by the construction segment's slightly higher revenues in civil operations and urban transportation systems.Nuclear refurbishment work in Ontario also helped offset lower industrial revenues that stemmed from the sale of a contract mining business last November and less work on pipeline projects in Western Canada.Revenue for the three months ended Sept. 30 rose to $1.02 billion, one per cent higher than during the same period in 2018.On an adjusted basis, earnings per diluted share stayed flat at 60 cents, beating analysts' expectations of 58 cents, according to financial markets data firm Refinitiv.Aecon says it booked new contracts worth $827 million last quarter versus $1.58 billion a year earlier, resulting in a current backlog of $6.56 billion compared with $7.01 billion in the third quarter of 2018.This report by The Canadian Press was first published Oct. 31, 2019.Companies in this story: (TSX:ARE)The Canadian Press
Announces Normal Course Issuer Bid TORONTO , Oct. 31, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2019, with year-over-year growth in revenue, Adjusted EBITDA ...
WSP Global Inc (TSX:WSP) and Aecon Group Inc (TSX:ARE) are two attractive and less-risky alternatives in the engineering and construction space.
Today we'll look at Aecon Group Inc. (TSE:ARE) and reflect on its potential as an investment. In particular, we'll...
TORONTO , Sept. 26, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2019 financial results on Thursday, October 31, 2019 after market close, and has ...
TORONTO , July 26, 2019 /CNW/ - Trading resumes in: Company: Aecon Group Inc. TSX Symbol: ARE (All Issues) Resumption (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of ...
TORONTO , July 25, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Aecon Group Inc. TSX Symbol: ARE (All Issues) Reason: Pending News Halt Time (ET): 4:02 PM IIROC can make a decision ...
TORONTO , July 25, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) today reported strong results for the second quarter of 2019, with year-over-year growth in revenue, Adjusted EBITDA and operating profit, and ...
Aecon Group Inc. (TSX:ARE), Hardwood Distribution Inc. (TSX:HDI), and Village Farms International Inc. (TSX:VFF) are currently trading at discounted prices. TFSA can purchase the stocks now before they become high-priced stocks.
Building wealth doesn't have to be complicated. Want to retire rich? Invest in stocks with high quality management teams and a healthy growth profile.
TORONTO , June 27, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2019 financial results on Thursday, July 25, 2019 after market close, and has scheduled ...
TORONTO , June 5, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the Management Information Circular dated May 8, 2019 were elected as directors of Aecon Group Inc., ...
TORONTO , June 4, 2019 /CNW/ - John M. Beck , Executive Chairman, Aecon Group Inc. (TSX: ARE) was pleased to announce on behalf of the Board of Directors at Aecon's Annual General Meeting in Toronto , ...
TORONTO, April 29, 2019 /CNW/ - Aecon Group Inc. (TSX:ARE.TO - News) announced today that West Corridor Constructors has reached financial close on the Highway 401 Expansion project in the Greater Toronto Area (GTA). West Corridor Constructors, selected by Infrastructure Ontario (IO) and the Ministry of Transportation Ontario (MTO) to design, build and finance the project, is a consortium comprised of Aecon (50%), Parsons (30%) and Amico (20%).