Aecon Group Inc. has seen a slight dip in its stock price this week, but recent performance has been strong overall.
Aecon Group Inc. (ARE.TO) experienced a modest decline in its stock price this week, closing down 0.09% on the last trading day. Despite this short-term dip, the company's year-to-date performance remains robust, with an increase of 47.37%. Recent headlines surrounding Aecon highlight significant revenue growth and a strong backlog, indicating positive momentum in the company's operations.
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Aecon Group Inc.
ARE.TO
ARE.TO
Aecon Group Inc.
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Market cap
$3.18B
Div. yield
1.65%
Div. / share
$0.77
52W high
$57.47
52W low
$19.36
1W change
-0.41%
Beta
1.24
Analyst Price Targets
Based on analyst covering ARE
Wall Street analysts forecast ARE stock price to rise 22.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$57.00
+22.7% Upside
Current Price
C$46.45
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ARE's historical volatility
30-Day Vol
60.7%
Annualized
90-Day Vol
48.4%
Annualized
Trend (90d)
-0.4%
Annualized drift
90d Mean
C$46.39
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$46.43 | C$37.65 – C$57.26 |
| 60 trading days | C$46.41 | C$34.50 – C$62.42 |
| 90 trading days | C$46.39 | C$32.27 – C$66.70 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Aecon's strong backlog and revenue growth suggest that the company is well-positioned for future expansion, despite recent fluctuations in its stock price. Investors should consider the company's fundamentals and market position when evaluating their investment decisions.
C$47.43
Aecon's stock closed at C$47.43, representing a 1D decline of 0.09%.
Bull case
Aecon's backlog of $10.5 billion shows strong demand for its services, which could lead to sustained revenue growth. The company's recent quarterly results indicate a 25% year-over-year revenue increase, reflecting effective operational strategies and solid market positioning.
Bear case
Despite the positive revenue trends, Aecon's profit margin is currently negative at -1.1%, and it has reported losses in earnings per share. These factors may raise concerns for potential investors about the company's ability to turn revenue into profit.
Recent Price Action
Aecon Group Inc. (ARE.TO) closed at C$47.43, reflecting a decline of 0.09% on the last trading day and a decrease of 0.41% over the past week. Despite this short-term dip, the stock has gained 47.37% year-to-date, showcasing strong performance amid various market conditions.
Company News and Headlines
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Recent headlines regarding Aecon highlight significant financial milestones. Notably, the company reported a 25% year-over-year revenue increase in Q2 2026 and a record backlog of $10.5 billion. This backlog is a critical indicator of future revenue potential, supporting a bullish outlook from analysts who have set an average target of C$57.00 for the stock.
Technical Picture
From a technical standpoint, Aecon's stock is currently trading above its 50-day moving average of C$47.22, indicating a slight bullish trend. The stock is also well above its 200-day moving average of C$40.24, suggesting strong long-term performance. The 52-week range for Aecon is between C$19.36 and C$57.47, with the current price sitting at approximately 74% of this range. The stock has a beta of 1.24, indicating moderate volatility compared to the market.
Insider Activity
There is currently no reported insider activity for Aecon Group Inc., which can be an important indicator for investors looking for confidence in management's outlook and stock performance.
Price Action Summary
As of the last trading session, Aecon Group Inc. closed at C$47.43, reflecting a slight decline of 0.09% in one day. Investors should remain aware of the company's strong backlog and growth potential as they consider their investment strategies.
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