AECOM (NYSE:ACM - Get Free Report) has been assigned a consensus recommendation of "Buy" from the eight research firms that are currently covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $120.38.
Several equities research analysts recently weighed in on ACM shares. KeyCorp reduced their price target on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. Robert W. Baird dropped their price objective 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. Barclays upped their target price on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Citigroup dropped their price target on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th.
Check Out Our Latest Analysis on ACM
AECOM Price Performance
NYSE ACM traded down $0.24 on Tuesday, reaching $94.52. The company had a trading volume of 227,000 shares, compared to its average volume of 814,971. The stock has a market capitalization of $12.54 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm's 50 day moving average price is $101.23 and its 200 day moving average price is $105.21.
AECOM (NYSE:ACM - Get Free Report) last issued its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that AECOM will post 5.1 earnings per share for the current year.
AECOM Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is currently 29.55%.
Institutional Trading of AECOM
Several institutional investors have recently added to or reduced their stakes in ACM. Norges Bank purchased a new stake in shares of AECOM in the fourth quarter worth approximately $190,495,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in AECOM by 34.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company's stock worth $286,305,000 after purchasing an additional 691,020 shares during the period. Northern Trust Corp lifted its position in shares of AECOM by 53.5% during the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after purchasing an additional 580,078 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of AECOM by 11.2% during the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after purchasing an additional 373,991 shares during the period. Finally, Sandhill Capital Partners LLC bought a new position in shares of AECOM in the fourth quarter worth about $36,933,000. Institutional investors own 85.41% of the company's stock.
AECOM Company Profile
(
Get Free ReportAECOM, 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.
See Also
Before you consider AECOM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AECOM wasn't on the list.
While AECOM currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
