AECOM (NYSE:ACM) Receives Consensus Recommendation of "Buy" from Analysts

AECOM (NYSE:ACM - Get Free Report) has been assigned an average recommendation of "Buy" from the eight analysts that are currently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $117.88.

Several research firms have recently issued reports on ACM. Barclays increased their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Citigroup decreased their price objective on shares of AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. Robert W. Baird cut their target price on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday, February 4th. Truist Financial reduced their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, KeyCorp cut their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th.

Hedge Funds Weigh In On AECOM

Several institutional investors and hedge funds have recently modified their holdings of the business. Principal Securities Inc. boosted its position in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after acquiring an additional 116 shares during the last quarter. Allworth Financial LP raised its stake in shares of AECOM by 390.6% during the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after purchasing an additional 207 shares in the last quarter. National Pension Service bought a new stake in shares of AECOM during the 4th quarter worth approximately $32,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of AECOM during the 4th quarter worth approximately $35,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of AECOM during the 4th quarter worth approximately $51,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Up 3.5 %

NYSE:ACM traded up $3.26 during trading hours on Friday, hitting $97.26. The stock had a trading volume of 43,933 shares, compared to its average volume of 1,091,528. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The business has a 50 day simple moving average of $95.02 and a two-hundred day simple moving average of $104.02. The company has a market cap of $12.90 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03.

AECOM (NYSE:ACM - Get Free Report) last released its earnings results on Monday, February 3rd. The construction company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. Analysts predict that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.07%. AECOM's payout ratio is currently 29.55%.

About AECOM

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.