Aecon Group First Quarter 2023 Earnings Beats Expectations - Yahoo Finance
| ARE Stock | CAD 24.42 0.02 0.08% |
About 54% of Aecon's investor base is interested to short. The current sentiment regarding investing in Aecon Group stock implies that many traders are impartial. Aecon's investing sentiment overview a quick insight into current market opportunities from investing in Aecon Group. Many technical investors use Aecon Group stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Aecon Group First Quarter 2023 Earnings Beats Expectations Yahoo Finance
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Aecon Fundamental Analysis
We analyze Aecon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aecon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aecon based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
Aecon is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Aecon Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aecon stock to make a market-neutral strategy. Peer analysis of Aecon could also be used in its relative valuation, which is a method of valuing Aecon by comparing valuation metrics with similar companies.
Peers
Aecon Related Equities
| WSP | WSP Global | 1.11 | ||||
| STN | Stantec | 0.24 | ||||
| FTT | Finning International | 0.42 | ||||
| MRE | Martinrea International | 0.43 |
Other Information on Investing in Aecon Stock
Aecon financial ratios help investors to determine whether Aecon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aecon with respect to the benefits of owning Aecon security.