Arcosa, Inc. (NYSE:ACA) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give Arcosa a consensus "Moderate Buy" rating from five firms (2 hold, 2 buy, 1 strong buy) with an average 12‑month target of $120; recent notes include Texas Capital upgrading to strong‑buy and DA Davidson raising its target to $125 while Weiss Ratings and Wall Street Zen downgraded to hold.
• Arcosa reported $1.15 EPS (vs. $0.95 estimate) and 7.6% year‑over‑year revenue growth though revenue narrowly missed consensus, and the company trades at a market cap of $5.87B with a P/E of 28.2 and a very small annual dividend yield of 0.2%.

Arcosa, Inc. (NYSE:ACA - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $120.00.

Several research analysts have recently commented on ACA shares. Texas Capital raised Arcosa to a "strong-buy" rating in a research note on Friday, March 27th. DA Davidson raised their price objective on Arcosa from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. Weiss Ratings downgraded Arcosa from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, April 9th. Finally, Wall Street Zen downgraded Arcosa from a "buy" rating to a "hold" rating in a research note on Sunday, March 1st.

Arcosa Stock Down 0.5%

ACA stock opened at $119.58 on Friday. Arcosa has a fifty-two week low of $77.89 and a fifty-two week high of $131.00. The business's 50-day moving average is $112.03 and its two-hundred day moving average is $108.44. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.35 and a current ratio of 2.20. The company has a market cap of $5.87 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 1.57 and a beta of 0.96.

Arcosa (NYSE:ACA - Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.20. Arcosa had a return on equity of 8.64% and a net margin of 7.23%.The company had revenue of $716.70 million for the quarter, compared to the consensus estimate of $719.46 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. Arcosa's revenue was up 7.6% on a year-over-year basis. As a group, analysts forecast that Arcosa will post 4.77 earnings per share for the current year.

Arcosa Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Arcosa's dividend payout ratio (DPR) is 4.72%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. MQS Management LLC bought a new position in shares of Arcosa in the first quarter worth about $242,000. Pictet Asset Management Holding SA raised its stake in Arcosa by 12.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 8,538 shares of the company's stock valued at $906,000 after purchasing an additional 938 shares during the period. GHP Investment Advisors Inc. bought a new stake in Arcosa during the 1st quarter valued at approximately $32,000. Louisiana State Employees Retirement System bought a new stake in Arcosa during the 1st quarter valued at approximately $2,314,000. Finally, Vaughan Nelson Investment Management L.P. raised its stake in Arcosa by 2.3% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 436,330 shares of the company's stock valued at $46,312,000 after purchasing an additional 9,625 shares during the period. Institutional investors own 90.66% of the company's stock.

Arcosa Company Profile

Arcosa, Inc NYSE: ACA is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries' construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company's Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.

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