AECOM (NYSE:ACM) has earned an average recommendation of “Hold” from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $35.88.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of AECOM from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Wednesday, April 11th. Citigroup boosted their price target on shares of AECOM from $44.00 to $47.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Robert W. Baird upgraded shares of AECOM from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $40.00 to $45.00 in a research report on Wednesday, January 3rd. Finally, DA Davidson boosted their price target on shares of AECOM to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th.
In other news, Vice Chairman Daniel R. Tishman sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $37.00, for a total value of $555,000.00. Following the sale, the insider now directly owns 114,095 shares of the company’s stock, valued at approximately $4,221,515. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lara Poloni sold 4,976 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $36.70, for a total transaction of $182,619.20. Following the completion of the sale, the insider now directly owns 3,895 shares in the company, valued at $142,946.50. The disclosure for this sale can be found here. Insiders own 0.74% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in ACM. Luminus Management LLC increased its stake in AECOM by 79.8% during the 4th quarter. Luminus Management LLC now owns 1,475,227 shares of the construction company’s stock worth $54,805,000 after buying an additional 654,568 shares during the period. Clearbridge LLC increased its position in shares of AECOM by 80.3% in the 4th quarter. Clearbridge LLC now owns 1,307,870 shares of the construction company’s stock valued at $48,587,000 after purchasing an additional 582,500 shares during the last quarter. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of AECOM in the 4th quarter valued at approximately $17,573,000. BlackRock Inc. increased its position in shares of AECOM by 1.6% in the 4th quarter. BlackRock Inc. now owns 12,535,917 shares of the construction company’s stock valued at $465,709,000 after purchasing an additional 198,111 shares during the last quarter. Finally, Lyrical Asset Management LP increased its position in shares of AECOM by 4.6% in the 4th quarter. Lyrical Asset Management LP now owns 4,351,145 shares of the construction company’s stock valued at $161,645,000 after purchasing an additional 189,577 shares during the last quarter. 84.11% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE ACM traded down $0.26 during trading on Thursday, hitting $36.49. The company had a trading volume of 108,592 shares, compared to its average volume of 851,550. The firm has a market cap of $5,828.77, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 2.45 and a beta of 1.65. AECOM has a fifty-two week low of $30.15 and a fifty-two week high of $39.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.86.
AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, February 6th. The construction company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 2.15% and a return on equity of 11.74%. AECOM’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 earnings per share. equities research analysts anticipate that AECOM will post 2.69 EPS for the current fiscal year.
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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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