Aecom (NYSE:ACM) Earns Daily Coverage Optimism Rating of 0.22

News articles about Aecom (NYSE:ACM) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aecom earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 45.7767049472261 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several research analysts have issued reports on ACM shares. Barclays initiated coverage on shares of Aecom in a report on Tuesday, December 12th. They set an “underweight” rating and a $34.00 target price on the stock. Robert W. Baird raised shares of Aecom from a “neutral” rating to an “outperform” rating and increased their price target for the company from $40.00 to $45.00 in a research report on Wednesday, January 3rd. Argus increased their price target on shares of Aecom from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Monday, November 27th. They noted that the move was a valuation call. Canaccord Genuity reaffirmed a “hold” rating and issued a $36.00 price objective on shares of Aecom in a research report on Tuesday, November 14th. Finally, DA Davidson reaffirmed a “hold” rating and issued a $39.00 price objective on shares of Aecom in a research report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $32.00.

Shares of Aecom (NYSE:ACM) traded up $0.13 during midday trading on Friday, hitting $39.07. 625,316 shares of the stock were exchanged, compared to its average volume of 829,552. The firm has a market cap of $6,160.00, a PE ratio of 18.34, a price-to-earnings-growth ratio of 2.10 and a beta of 1.73. Aecom has a twelve month low of $30.15 and a twelve month high of $39.50. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.88.

Aecom (NYSE:ACM) last issued its quarterly earnings data on Monday, November 13th. The construction company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. Aecom had a net margin of 1.86% and a return on equity of 12.12%. The business had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.63 billion. During the same quarter last year, the company earned $0.65 EPS. The business’s revenue was up 12.3% on a year-over-year basis. equities analysts forecast that Aecom will post 2.66 EPS for the current year.

Aecom announced that its board has initiated a share repurchase plan on Thursday, September 21st that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 18.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

In other Aecom news, Vice Chairman Daniel R. Tishman sold 15,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $38.26, for a total value of $573,900.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rob J. Routs sold 6,468 shares of Aecom stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $37.12, for a total value of $240,092.16. Following the transaction, the director now owns 18,904 shares in the company, valued at approximately $701,716.48. The disclosure for this sale can be found here. Insiders sold a total of 62,326 shares of company stock worth $2,390,904 in the last three months. 0.73% of the stock is owned by corporate insiders.

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Aecom Company Profile

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

Insider Buying and Selling by Quarter for Aecom (NYSE:ACM)

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