- Atco reported an adjusted net income of C$91 million in the third quarter of 2024.
- This represents a 12% increase compared to the C$81 million reported in the same period the previous year.
- Adjusted earnings per share (EPS) increased to C$0.81 from C$0.71 year-over-year.
- Analyst recommendations include three buy ratings and three hold ratings.
- No sell recommendations were issued.
A look at Atco Ltd/Canada Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ATCO Ltd, a company that generates and distributes electric power in Canada and operates power projects internationally, has received positive Smart Scores across various factors. With solid scores in Value, Dividend, and Growth, ATCO is positioned well for long-term success. These scores indicate the company’s strong financial health, consistent dividend payouts, and potential for future growth.
However, ATCO’s lower score in Resilience suggests some vulnerability to market fluctuations, while its high Momentum score signifies strong positive market sentiment. Investors may view ATCO as a promising investment with a good balance of value, dividends, and growth potential, although there may be some risks associated with resilience in challenging market conditions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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