AECOM (NYSE:ACM) Receives Consensus Rating of "Buy" from Analysts

Key Points

• AECOM has received a consensus rating of "Buy" from eleven analysts, with an average twelve-month price target of $133.20.
• The company reported an earnings per share (EPS) of $1.34 for the last quarter, surpassing estimates by $0.09.
• A quarterly dividend of $0.26 will be paid on October 17th, yielding an annualized return of 0.8%.

Shares of AECOM (NYSE:ACM - Get Free Report) have received a consensus recommendation of "Buy" from the eleven analysts that are presently covering the stock, MarketBeat.com reports. Eleven analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $133.20.

A number of equities research analysts have recently commented on ACM shares. National Bank Financial started coverage on AECOM in a research report on Wednesday. They set an "outperform" rating and a $151.00 target price on the stock. Truist Financial lifted their price objective on AECOM from $128.00 to $146.00 and gave the stock a "buy" rating in a report on Wednesday. KeyCorp lifted their price objective on AECOM from $129.00 to $131.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Wall Street Zen cut AECOM from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of AECOM in a report on Wednesday.

AECOM Price Performance

NYSE:ACM opened at $128.85 on Friday. AECOM has a 52 week low of $85.00 and a 52 week high of $133.81. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $17.07 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.77 and a beta of 1.03. The stock's 50-day moving average price is $125.53 and its 200-day moving average price is $112.52.

AECOM (NYSE:ACM - Get Free Report) last posted its earnings results on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.25 by $0.09. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The firm had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $4.33 billion. During the same period last year, the firm earned $1.16 EPS. The company's quarterly revenue was up 6.2% on a year-over-year basis. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, equities analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Wednesday, October 1st will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, October 1st. AECOM's payout ratio is presently 22.66%.

Insider Buying and Selling at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of AECOM

Several institutional investors have recently made changes to their positions in ACM. TCTC Holdings LLC raised its position in shares of 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 buying an additional 166 shares during the period. MAI Capital Management purchased a new stake in shares of AECOM during the 1st quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of 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 buying an additional 215 shares during the period. SVB Wealth LLC purchased a new stake in shares of AECOM during the 1st quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company's stock valued at $34,000 after buying an additional 195 shares during the period. Hedge funds and other 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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