ATCO (ACO.X) Competitors

C$37.73
-0.04 (-0.11%)
(As of 04/26/2024 05:43 PM ET)

ACO.X vs. CU, CPX, BLX, TA, SPB, NPI, INE, BIPC, BEPC, and AQN

Should you be buying ATCO stock or one of its competitors? The main competitors of ATCO include Canadian Utilities (CU), Capital Power (CPX), Boralex (BLX), TransAlta (TA), Superior Plus (SPB), Northland Power (NPI), Innergex Renewable Energy (INE), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), and Algonquin Power & Utilities (AQN). These companies are all part of the "utilities" sector.

ATCO vs.

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

Canadian Utilities has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Comparatively, ATCO has a beta of 0.68, meaning that its share price is 32% less volatile than the S&P 500.

Canadian Utilities presently has a consensus target price of C$35.29, suggesting a potential upside of 14.97%. ATCO has a consensus target price of C$45.00, suggesting a potential upside of 19.27%. Given Canadian Utilities' stronger consensus rating and higher possible upside, analysts clearly believe ATCO is more favorable than Canadian Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Utilities
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14
ATCO
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Canadian Utilities has a net margin of 18.63% compared to Canadian Utilities' net margin of 9.11%. ATCO's return on equity of 10.08% beat Canadian Utilities' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Utilities18.63% 10.08% 2.87%
ATCO 9.11%9.73%3.14%

Canadian Utilities received 220 more outperform votes than ATCO when rated by MarketBeat users. Likewise, 59.81% of users gave Canadian Utilities an outperform vote while only 46.46% of users gave ATCO an outperform vote.

CompanyUnderperformOutperform
Canadian UtilitiesOutperform Votes
430
59.81%
Underperform Votes
289
40.19%
ATCOOutperform Votes
210
46.46%
Underperform Votes
242
53.54%

Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 5.9%. ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 5.2%. Canadian Utilities pays out 77.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. ATCO pays out 51.3% of its earnings in the form of a dividend.

Canadian Utilities has higher earnings, but lower revenue 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
Canadian UtilitiesC$3.80B1.65C$630MC$2.3313.17
ATCOC$4.74B0.79C$432MC$3.829.88

15.4% of Canadian Utilities shares are owned by institutional investors. Comparatively, 28.8% of ATCO shares are owned by institutional investors. 38.2% of Canadian Utilities shares are owned by company insiders. Comparatively, 0.7% of ATCO shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Canadian Utilities had 6 more articles in the media than ATCO. MarketBeat recorded 10 mentions for Canadian Utilities and 4 mentions for ATCO. ATCO's average media sentiment score of 0.30 beat Canadian Utilities' score of -0.41 indicating that Canadian Utilities is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Utilities
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
ATCO
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Canadian Utilities beats ATCO on 11 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$3.76BC$7.20BC$10.85BC$3.92B
Dividend Yield5.21%5.29%4.34%7.06%
P/E Ratio9.88318.8777.7825.51
Price / Sales0.7927.7925.761,368.39
Price / Cash3.8715.1952.2372.85
Price / Book0.962.741.873.20
Net IncomeC$432MC$413.66MC$560.88MC$269.81M
7 Day Performance3.60%0.72%0.09%0.55%
1 Month Performance0.05%-1.12%-1.19%0.54%
1 Year Performance-15.72%-2.63%-2.97%11.94%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.53 of 5 stars
C$30.30
+0.4%
C$35.29
+16.5%
-21.6%C$6.19BC$3.80B13.009,018Upcoming Earnings
CPX
Capital Power
3.713 of 5 stars
C$35.59
-0.2%
C$46.00
+29.2%
-20.0%C$4.50BC$4.07B5.89737Upcoming Earnings
Analyst Revision
BLX
Boralex
3.8707 of 5 stars
C$27.57
+2.1%
C$40.50
+46.9%
-30.9%C$2.83BC$1.02B36.28753Analyst Revision
TA
TransAlta
4.2824 of 5 stars
C$8.91
+0.2%
C$15.55
+74.5%
-25.0%C$2.74BC$3.36B3.821,257Upcoming Earnings
Dividend Announcement
SPB
Superior Plus
2.704 of 5 stars
C$9.43
+0.4%
C$12.69
+34.5%
-6.9%C$2.34BC$3.35B41.0017,113Analyst Revision
News Coverage
NPI
Northland Power
3.1358 of 5 stars
C$21.51
+1.8%
C$32.13
+49.3%
-38.4%C$5.50BC$2.23B-29.881,150Analyst Revision
INE
Innergex Renewable Energy
3.915 of 5 stars
C$8.11
+0.4%
C$13.36
+64.7%
-42.9%C$1.66BC$1.04B-15.90602Analyst Revision
Positive News
BIPC
Brookfield Infrastructure
0 of 5 stars
43.23
+0.7%
N/A-25.9%$5.70B$2.50B37.591,700Upcoming Earnings
BEPC
Brookfield Renewable
0 of 5 stars
32.13
+2.5%
N/A-29.7%$5.77B$4.55B-23.281,890Upcoming Earnings
AQN
Algonquin Power & Utilities
0.269 of 5 stars
C$8.41
+1.2%
C$7.88
-6.4%
-27.3%C$5.80BC$2.70B210.253,946Analyst Revision

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This page (TSE:ACO.X) was last updated on 4/29/2024 by MarketBeat.com Staff

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