AECOM (NYSE:ACM) Given Consensus Recommendation of "Buy" by Brokerages

Shares of AECOM (NYSE:ACM - Get Free Report) have earned an average recommendation of "Buy" from the seven research firms that are presently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $105.00.

Several equities research analysts have recently weighed in on ACM shares. Barclays increased their target price on shares of AECOM from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, August 8th. Truist Financial reissued a "buy" rating and issued a $108.00 target price (up previously from $107.00) on shares of AECOM in a report on Wednesday, August 7th. Citigroup decreased their price target on AECOM from $116.00 to $104.00 and set a "buy" rating for the company in a report on Monday, July 22nd. Royal Bank of Canada boosted their price objective on shares of AECOM from $112.00 to $113.00 and gave the company an "outperform" rating in a research note on Wednesday, August 7th. Finally, KeyCorp raised their target price on shares of AECOM from $94.00 to $99.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 7th.

AECOM Stock Performance

Shares of AECOM stock traded down $0.68 on Tuesday, hitting $102.59. The stock had a trading volume of 560,379 shares, compared to its average volume of 804,587. The stock has a market cap of $13.97 billion, a price-to-earnings ratio of -1,139.89, a P/E/G ratio of 1.70 and a beta of 1.17. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. AECOM has a 52-week low of $74.40 and a 52-week high of $104.63. The company's 50 day moving average price is $96.17 and its 200 day moving average price is $92.79.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The construction company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.04. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $1.85 billion. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The company's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.94 earnings per share. On average, research analysts anticipate that AECOM will post 4.46 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, October 2nd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Wednesday, October 2nd. AECOM's dividend payout ratio (DPR) is -977.78%.

Institutional Investors Weigh In On AECOM

Several institutional investors have recently modified their holdings of ACM. EntryPoint Capital LLC acquired a new position in AECOM during the first quarter worth $25,000. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of AECOM in the 4th quarter worth about $28,000. Creekmur Asset Management LLC acquired a new stake in AECOM in the 4th quarter valued at about $28,000. Rise Advisors LLC acquired a new stake in AECOM in the 1st quarter valued at about $31,000. Finally, Family Firm Inc. purchased a new position in AECOM during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

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.