ATCO (ACO.X) Competitors

C$40.66
-0.11 (-0.27%)
(As of 05/17/2024 ET)

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

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), Northland Power (NPI), Superior Plus (SPB), Algonquin Power & Utilities (AQN), Brookfield Infrastructure (BIPC), Innergex Renewable Energy (INE), and Brookfield Renewable (BEPC). 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 superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, earnings, community ranking, risk, valuation and dividends.

ATCO presently has a consensus target price of C$45.92, suggesting a potential upside of 12.93%. Canadian Utilities has a consensus target price of C$35.43, suggesting a potential upside of 11.27%. Given ATCO's stronger consensus rating and higher probable upside, equities research analysts plainly 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 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$4.71B0.86C$412MC$3.6611.11
Canadian UtilitiesC$3.80B1.71C$630MC$2.3313.67

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

In the previous week, Canadian Utilities had 2 more articles in the media than ATCO. MarketBeat recorded 5 mentions for Canadian Utilities and 3 mentions for ATCO. ATCO's average media sentiment score of 0.61 beat Canadian Utilities' score of 0.05 indicating that ATCO is being referred to more favorably in the media.

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

28.7% of ATCO shares are held by institutional investors. Comparatively, 15.1% of Canadian Utilities shares are held by institutional investors. 0.6% of ATCO shares are held by company insiders. Comparatively, 38.0% of Canadian Utilities shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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%

Canadian Utilities has a net margin of 18.63% compared to ATCO's net margin of 8.75%. Canadian Utilities' return on equity of 10.08% beat ATCO's return on equity.

Company Net Margins Return on Equity Return on Assets
ATCO8.75% 9.07% 3.08%
Canadian Utilities 18.63%10.08%2.87%

ATCO pays an annual dividend of C$1.96 per share and has a dividend yield of 4.8%. Canadian Utilities pays an annual dividend of C$1.81 per share and has a dividend yield of 5.7%. ATCO pays out 53.6% of its earnings in the form of a dividend. 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.

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$4.06BC$9.73BC$12.59BC$5.48B
Dividend Yield4.91%4.16%4.04%5.53%
P/E Ratio11.11346.2281.4223.40
Price / Sales0.8635.9521.902,193.02
Price / Cash3.8716.8918.4479.97
Price / Book1.012.891.853.22
Net IncomeC$412MC$468.62MC$599.68MC$291.35M
7 Day Performance0.47%0.43%1.34%1.54%
1 Month Performance11.18%6.20%6.68%3.93%
1 Year Performance-7.17%4.92%3.83%26.53%

ATCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CU
Canadian Utilities
1.6852 of 5 stars
C$32.04
+0.6%
C$35.43
+10.6%
-15.7%C$6.55BC$3.80B13.759,018
CPX
Capital Power
3.7129 of 5 stars
C$37.25
-1.2%
C$44.45
+19.3%
-17.4%C$4.81BC$4.07B6.17737Positive News
BLX
Boralex
3.4104 of 5 stars
C$29.35
-1.5%
C$40.00
+36.3%
-16.2%C$3.02BC$1.02B38.62753Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
TA
TransAlta
3.2342 of 5 stars
C$9.50
-1.3%
C$15.55
+63.7%
-25.9%C$2.89BC$3.21B4.871,257
NPI
Northland Power
4.0549 of 5 stars
C$21.83
0.0%
C$31.79
+45.6%
-18.5%C$5.58BC$2.23B-30.321,150Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
SPB
Superior Plus
2.443 of 5 stars
C$9.44
-0.4%
C$12.69
+34.4%
-8.5%C$2.35BC$3.35B41.0417,113Dividend Announcement
Analyst Revision
News Coverage
AQN
Algonquin Power & Utilities
0.1025 of 5 stars
C$8.86
-0.7%
C$7.08
-20.1%
-20.5%C$6.11BC$2.70B221.503,946Dividend Cut
Analyst Revision
News Coverage
BIPC
Brookfield Infrastructure
0 of 5 stars
46.41
-1.3%
N/A-23.7%$6.12B$2.91B8.961,700
INE
Innergex Renewable Energy
2.6533 of 5 stars
C$8.43
-1.7%
C$12.53
+48.7%
-35.1%C$1.72BC$1.04B-16.53602
BEPC
Brookfield Renewable
0 of 5 stars
42.15
-1.7%
N/A-10.6%$7.57B$4.55B-30.321,890

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This page (TSE:ACO.X) was last updated on 5/19/2024 by MarketBeat.com Staff

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