ATCO (ACLLF) Expected to Announce Earnings on Thursday

ATCO (OTCMKTS:ACLLF) is expected to be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.93 per share and revenue of $1.3920 billion for the quarter.

ATCO Trading Up 1.6%

ATCO stock traded up $0.72 on Friday, hitting $46.72. The company’s stock had a trading volume of 335 shares, compared to its average volume of 2,178. The company has a fifty day moving average price of $42.27 and a 200-day moving average price of $39.01. ATCO has a one year low of $32.32 and a one year high of $46.72.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ACLLF shares. National Bank Financial reaffirmed a “sector perform” rating on shares of ATCO in a report on Monday, November 10th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a research report on Monday, November 10th. Scotiabank reissued a “sector perform” rating on shares of ATCO in a report on Monday, November 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research report on Monday, December 15th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

About ATCO

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.