(CU) Canadian Utilities - Ratings and Ratios

Canadian Utilities Limited (CU) operates as a diversified utility company with a significant presence in electricity, natural gas, renewables, pipelines, and liquids across Canada, Australia, and international markets. The company is structured into three main segments: ATCO Energy Systems, ATCO EnPower, and ATCO Australia. ATCO Energy Systems focuses on regulated electricity transmission and distribution in northern and central Alberta, the Yukon, Northwest Territories, and Saskatchewan, while also providing international electricity services. This segment complements its operations with integrated natural gas transmission and distribution across Alberta and Saskatchewan. ATCO EnPower specializes in electricity generation, natural gas storage, industrial water solutions, and infrastructure development, with operations spanning Alberta, Northwest Territories, Ontario, Mexico, and Chile. ATCO Australia, meanwhile, serves Western Australia through regulated natural gas distribution and electricity generation services. Established in 1927 and headquartered in Calgary, Canadian Utilities is a subsidiary of ATCO Ltd. and is listed on the Toronto Stock Exchange under the ticker symbol CU, classified under the Electric Utilities sub-industry.

Based on the provided data, the 3-month outlook for Canadian Utilities Limited (CU) suggests a bullish technical setup with potential upside. The stock is trading above its SMA 20 (36.79), SMA 50 (35.71), and SMA 200 (34.13), indicating strength in its price action. The last price of 37.61 is slightly above the SMA 20, signaling short-term momentum. The ATR of 0.71 reflects moderate volatility, suggesting stability. From a fundamental perspective, the stock trades at a P/E of 25.41, with a forward P/E of 15.67, indicating expectations of future earnings growth. The P/B ratio of 1.91 suggests the stock is fairly valued relative to its book value, while the P/S ratio of 2.06 points to a reasonable valuation given its revenue streams. The RoE of 6.95% indicates modest profitability. Overall, the stock is likely to maintain its upward trajectory in the near term, supported by its strong technical position and stable fundamentals.