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

Shares of AECOM (NYSE:ACM - Get Free Report) have earned a consensus recommendation of "Buy" from the seven analysts that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $120.86.

A number of analysts have commented on the company. Citigroup lifted their target price on AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Royal Bank of Canada lifted 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. Robert W. Baird lifted their target price on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. KeyCorp reduced their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Truist Financial reduced their target price on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th.

AECOM Stock Up 0.7%

Shares of NYSE:ACM opened at $111.40 on Friday. The stock has a fifty day simple moving average of $100.99 and a two-hundred day simple moving average of $103.46. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of 31.65, a PEG ratio of 1.63 and a beta of 0.97. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. 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 (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.15 by $0.10. The business had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. On average, research analysts anticipate that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Wednesday, July 2nd will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Wednesday, July 2nd. AECOM's payout ratio is currently 22.66%.

Institutional Trading of AECOM

Large investors have recently modified their holdings of the company. Prudential Financial Inc. grew its holdings in shares of AECOM by 16.6% in the fourth quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company's stock worth $2,940,000 after acquiring an additional 3,921 shares during the period. Raymond James Financial Inc. bought a new stake in shares of AECOM in the fourth quarter worth $9,705,000. Truist Financial Corp grew its holdings in shares of AECOM by 28.7% in the fourth quarter. Truist Financial Corp now owns 9,851 shares of the construction company's stock worth $1,052,000 after acquiring an additional 2,194 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in AECOM by 31.8% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,992 shares of the construction company's stock valued at $1,495,000 after purchasing an additional 3,374 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in AECOM during the fourth quarter valued at $55,000. 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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