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

AECOM (NYSE:ACM - Get Free Report) has been given an average recommendation of "Buy" by the eight ratings firms that are presently covering the company, MarketBeat reports. Eight analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $119.00.

A number of equities analysts have issued reports on ACM shares. Royal Bank of Canada upped their target price on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Barclays raised their price target on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. KeyCorp reduced their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Truist Financial lowered their target price on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Robert W. Baird upped their price target on AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a research report on Tuesday, May 6th.

AECOM Stock Up 0.3%

Shares of ACM opened at $106.67 on Wednesday. AECOM has a one year low of $82.23 and a one year high of $118.56. The company has a market cap of $14.11 billion, a P/E ratio of 30.30, a P/E/G ratio of 1.63 and a beta of 0.96. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a 50 day simple moving average of $95.68 and a two-hundred day simple moving average of $103.49.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.15 by $0.10. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The company's revenue was up 2.6% on a year-over-year basis. Research analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio is presently 22.66%.

Hedge Funds Weigh In On AECOM

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Principal Securities Inc. raised its position in shares of AECOM by 95.9% during the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after purchasing an additional 116 shares during the period. TCTC Holdings LLC grew its holdings in shares of AECOM by 120.3% during the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock valued at $28,000 after buying an additional 166 shares during the last quarter. Allworth Financial LP increased its position in shares of AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after acquiring an additional 207 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in AECOM by 212.9% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company's stock valued at $29,000 after acquiring an additional 215 shares in the last quarter. Finally, National Pension Service acquired a new position in AECOM during the 4th quarter valued at about $32,000. Institutional investors own 85.41% of the company's stock.

AECOM Company Profile

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.

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