AECOM (NYSE:ACM) insider Lara Poloni sold 4,976 shares of the stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $36.70, for a total value of $182,619.20. Following the completion of the transaction, the insider now directly owns 3,895 shares of the company’s stock, valued at $142,946.50. The sale was disclosed in a filing with the SEC, which is available at this link.
ACM stock opened at $34.97 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market cap of $5,566.14, a price-to-earnings ratio of 11.73, a price-to-earnings-growth ratio of 2.34 and a beta of 1.65. AECOM has a 1-year low of $30.15 and a 1-year high of $39.90.
AECOM (NYSE:ACM) last posted its earnings results on Tuesday, February 6th. The construction company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.02. The firm had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.71 billion. AECOM had a return on equity of 11.74% and a net margin of 2.15%. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. analysts predict that AECOM will post 2.69 earnings per share for the current year.
A number of equities research analysts recently weighed in on ACM shares. Zacks Investment Research cut AECOM from a “hold” rating to a “sell” rating in a report on Thursday, February 1st. Citigroup lifted their target price on AECOM from $44.00 to $47.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Robert W. Baird raised AECOM from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $40.00 to $45.00 in a research note on Wednesday, January 3rd. Barclays initiated coverage on AECOM in a research note on Tuesday, December 12th. They issued an “underweight” rating and a $34.00 target price for the company. Finally, DA Davidson lifted their target price on AECOM to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $36.73.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers raised its stake in shares of AECOM by 0.5% in the 3rd quarter. Rhumbline Advisers now owns 275,776 shares of the construction company’s stock valued at $10,151,000 after purchasing an additional 1,412 shares during the period. Retirement Systems of Alabama raised its stake in shares of AECOM by 0.4% in the 3rd quarter. Retirement Systems of Alabama now owns 320,944 shares of the construction company’s stock valued at $11,814,000 after purchasing an additional 1,435 shares during the period. KBC Group NV raised its stake in shares of AECOM by 14.1% in the 4th quarter. KBC Group NV now owns 11,646 shares of the construction company’s stock valued at $433,000 after purchasing an additional 1,443 shares during the period. California State Teachers Retirement System raised its stake in shares of AECOM by 0.6% in the 4th quarter. California State Teachers Retirement System now owns 266,944 shares of the construction company’s stock valued at $9,917,000 after purchasing an additional 1,690 shares during the period. Finally, Amalgamated Bank raised its stake in shares of AECOM by 5.9% in the 4th quarter. Amalgamated Bank now owns 31,368 shares of the construction company’s stock valued at $1,165,000 after purchasing an additional 1,754 shares during the period. 84.01% of the stock is currently owned by hedge funds and other institutional investors.
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AECOM Company Profile
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.
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