TSX:ACO.XIntegrated Utilities
ATCO (TSX:ACO.X) Stock Rises Into A Tougher Profitability Debate
ATCO stock comes into these results sitting near CA$81, with the past three months delivering a solid double digit gain. The market has already been rewarding the story. The earnings headline is about pressure where it matters most. Net profit margins over the last year sit at 3.4%, well below the prior 8.7%, even as the company talks up growth and long term project pipelines.
Short term traders are watching the recent price strength. Long term investors will likely focus on whether ATCO can...