AECOM (NYSE:ACM) Given Consensus Rating of "Buy" by Analysts

Key Points

• AECOM has received a consensus rating of "Buy" from seven brokerages, with an average one-year price target of $123.71.
• The company reported earnings of $1.25 per share for the last quarter, surpassing analysts' estimates, while revenue was $3.77 billion, below expectations.
• A quarterly dividend of $0.26 per share was recently declared, reflecting an annualized yield of 0.90% and a payout ratio of approximately 22.66%.

AECOM (NYSE:ACM - Get Free Report) has earned an average rating of "Buy" from the seven analysts that are presently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have covered the stock in the last year is $125.86.

Several equities research analysts have recently commented on the company. Citigroup restated a "buy" rating and set a $137.00 price target (up previously from $122.00) on shares of AECOM in a research note on Monday. Robert W. Baird upped their price target on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 6th. KeyCorp upped their price target on AECOM from $120.00 to $129.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Truist Financial cut their price target on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Finally, Royal Bank Of Canada upped their price objective on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th.

Institutional Investors Weigh In On AECOM

A number of large investors have recently modified their holdings of the stock. MAI Capital Management acquired a new stake in AECOM during the 1st quarter valued at approximately $28,000. TCTC Holdings LLC grew its stake in AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock valued at $28,000 after purchasing an additional 166 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in AECOM by 212.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company's stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in AECOM during the 4th quarter valued at approximately $35,000. Finally, SVB Wealth LLC acquired a new stake in AECOM during the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Stock Performance

NYSE ACM traded up $0.80 on Monday, reaching $113.36. The stock had a trading volume of 107,649 shares, compared to its average volume of 993,927. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.15 and a current ratio of 1.15. AECOM has a 12-month low of $84.75 and a 12-month high of $118.56. The business's 50-day moving average price is $112.17 and its 200 day moving average price is $104.10. The stock has a market cap of $15.00 billion, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 1.83 and a beta of 0.96.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.10. AECOM had a return on equity of 27.67% and a net margin of 3.85%. The company had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. During the same quarter in the previous year, the business earned $1.04 earnings per share. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. As a group, equities analysts expect that AECOM will post 5.1 earnings per share for the current year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Wednesday, July 2nd were paid a $0.26 dividend. The ex-dividend date was Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.92%. AECOM's dividend payout ratio (DPR) is currently 22.66%.

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.