Analysts Set Expectations for Aecon Group FY2025 Earnings

Aecon Group Inc. (TSE:ARE) – Stock analysts at Stifel Canada lifted their FY2025 earnings per share (EPS) estimates for Aecon Group in a report issued on Sunday, October 5th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $0.29 per share for the year, up from their prior estimate of $0.12. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. Stifel Canada also issued estimates for Aecon Group’s FY2026 earnings at $0.96 EPS and FY2027 earnings at $1.67 EPS.

Several other equities research analysts have also recently commented on the company. National Bankshares boosted their target price on Aecon Group from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Wednesday, September 24th. TD Securities boosted their target price on Aecon Group from C$22.00 to C$23.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. ATB Capital dropped their target price on Aecon Group from C$30.00 to C$28.00 and set an “outperform” rating on the stock in a report on Tuesday, August 5th. BMO Capital Markets boosted their target price on Aecon Group from C$19.00 to C$22.00 in a report on Tuesday, July 22nd. Finally, Canaccord Genuity Group boosted their target price on Aecon Group from C$25.00 to C$29.00 in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$24.91.

Aecon Group Price Performance

Shares of TSE:ARE opened at C$24.95 on Wednesday. Aecon Group has a 12 month low of C$15.21 and a 12 month high of C$29.70. The stock has a market cap of C$1.59 billion, a price-to-earnings ratio of 59.40, a PEG ratio of 18.18 and a beta of 1.48. The stock’s 50 day moving average price is C$21.72 and its 200 day moving average price is C$19.66. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27.

Aecon Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, October 2nd were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, September 22nd. Aecon Group’s payout ratio is currently 180.95%.

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.