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ATCO (ACO.X) Competitors

C$40.06
-0.49 (-1.21%)
(As of 05/28/2024 ET)

ACO.X vs. CU, ACO.Y, JE, BIP.UN, EMA, BEP.UN, BEPC, BIPC, AQN, and NPI

Should you be buying ATCO stock or one of its competitors? The main competitors of ATCO include Canadian Utilities (CU), ATCO (ACO.Y), Just Energy Group (JE), Brookfield Infrastructure Partners (BIP.UN), Emera (EMA), Brookfield Renewable Partners (BEP.UN), Brookfield Renewable (BEPC), Brookfield Infrastructure (BIPC), Algonquin Power & Utilities (AQN), and Northland Power (NPI). These companies are all part of the "utilities" sector.

ATCO vs.

ATCO (TSE:ACO.X) and Canadian Utilities (TSE:CU) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, media sentiment, profitability, earnings, valuation, dividends, community ranking and analyst recommendations.

ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 4.9%. Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 5.8%. ATCO pays out 53.6% of its earnings in the form of a dividend. Canadian Utilities pays out 84.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

In the previous week, Canadian Utilities had 3 more articles in the media than ATCO. MarketBeat recorded 3 mentions for Canadian Utilities and 0 mentions for ATCO. ATCO's average media sentiment score of 0.30 beat Canadian Utilities' score of 0.26 indicating that ATCO is being referred to more favorably in the media.

Company Overall Sentiment
ATCO Neutral
Canadian Utilities Neutral

27.9% of ATCO shares are owned by institutional investors. Comparatively, 14.7% of Canadian Utilities shares are owned by institutional investors. 0.6% of ATCO shares are owned by insiders. Comparatively, 38.0% of Canadian Utilities shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Canadian Utilities has a net margin of 17.49% compared to ATCO's net margin of 8.75%. Canadian Utilities' return on equity of 9.25% beat ATCO's return on equity.

Company Net Margins Return on Equity Return on Assets
ATCO8.75% 9.07% 3.08%
Canadian Utilities 17.49%9.25%2.80%

Canadian Utilities has lower revenue, but higher earnings than ATCO. ATCO is trading at a lower price-to-earnings ratio than Canadian Utilities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ATCOC$4.71B0.85C$412MC$3.6610.95
Canadian UtilitiesC$3.76B1.69C$580MC$2.1414.50

ATCO currently has a consensus price target of C$45.92, suggesting a potential upside of 14.62%. Canadian Utilities has a consensus price target of C$35.43, suggesting a potential upside of 14.18%. Given ATCO's stronger consensus rating and higher possible upside, equities research analysts clearly believe ATCO is more favorable than Canadian Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ATCO
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Canadian Utilities
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14

Canadian Utilities received 218 more outperform votes than ATCO when rated by MarketBeat users. Likewise, 59.72% of users gave Canadian Utilities an outperform vote while only 46.39% of users gave ATCO an outperform vote.

CompanyUnderperformOutperform
ATCOOutperform Votes
212
46.39%
Underperform Votes
245
53.61%
Canadian UtilitiesOutperform Votes
430
59.72%
Underperform Votes
290
40.28%

ATCO has a beta of 0.67, meaning that its stock price is 33% less volatile than the S&P 500. Comparatively, Canadian Utilities has a beta of 0.6, meaning that its stock price is 40% less volatile than the S&P 500.

Summary

ATCO and Canadian Utilities tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ACO.X and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ACO.X vs. The Competition

MetricATCOUtilities IndustryUtilities SectorTSE Exchange
Market CapC$4.00BC$8.52BC$11.68BC$5.01B
Dividend Yield4.81%5.09%4.20%6.16%
P/E Ratio10.95377.1091.3025.57
Price / Sales0.8531.7027.092,613.72
Price / Cash3.8715.2222.6778.66
Price / Book1.002.941.843.90
Net IncomeC$412MC$502.24MC$554.07MC$277.21M
7 Day Performance-1.69%-0.64%-1.05%-0.02%
1 Month Performance6.34%3.62%2.98%1.74%
1 Year Performance-5.90%11.54%3.76%27.33%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.5908 of 5 stars
C$31.57
+0.4%
C$35.43
+12.2%
-14.6%C$6.45BC$3.76B14.759,018
ACO.Y
ATCO
0 of 5 stars
C$42.50
flat
N/AN/AC$528.28MC$4.71B11.6120,175
JE
Just Energy Group
0 of 5 stars
N/AN/AN/AC$236.55MC$2.46B-0.49880
BIP.UN
Brookfield Infrastructure Partners
0.8087 of 5 stars
C$41.15
+1.8%
C$40.00
-2.8%
-17.6%C$18.99BC$18.90B97.98N/APositive News
EMA
Emera
1.1492 of 5 stars
C$48.87
-0.4%
C$53.50
+9.5%
-15.4%C$14.01BC$7.15B21.917,366
BEP.UN
Brookfield Renewable Partners
0.4331 of 5 stars
C$39.09
+1.6%
C$38.00
-2.8%
-10.5%C$11.18BC$5.20B-62.05N/ADividend Announcement
BEPC
Brookfield Renewable
0 of 5 stars
44.24
+2.1%
N/A-4.6%$7.95B$4.62B4.101,890
BIPC
Brookfield Infrastructure
0 of 5 stars
48.52
+0.9%
N/A-24.6%$6.40B$2.91B9.441,700
AQN
Algonquin Power & Utilities
0.1995 of 5 stars
C$8.93
-0.1%
C$7.08
-20.7%
-22.8%C$6.16BC$2.66B-13.333,946
NPI
Northland Power
3.9331 of 5 stars
C$23.60
-0.8%
C$31.96
+35.4%
-20.0%C$6.05BC$2.37B-33.711,150Analyst Forecast
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This page (TSE:ACO.X) was last updated on 5/29/2024 by MarketBeat.com Staff

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