AECOM (NYSE:ACM) Reaches New 12-Month Low - Here's Why

Key Points

• AECOM shares hit a new 52-week low, falling about 5% to roughly $57.26 after closing at $60.16. The stock remains well below its 50-day and 200-day moving averages.
• The decline followed a weak quarterly earnings report: AECOM posted an adjusted loss of $0.50 per share versus expectations for $1.46 in earnings, while revenue fell 14.2% year over year to $3.59 billion.
• Despite the selloff, analysts maintain a consensus “Moderate Buy” rating with an average price target of $87.42, and the company declared a quarterly dividend of $0.31 per share, yielding about 2.2%.

Shares of AECOM (NYSE:ACM - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $57.63 and last traded at $57.2610, with a volume of 150199 shares changing hands. The stock had previously closed at $60.16.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Piper Sandler set a $79.00 price objective on AECOM in a research note on Wednesday, August 12th. UBS Group set a $85.00 price objective on shares of AECOM in a research report on Wednesday, August 12th. Bank of America decreased their target price on AECOM from $94.50 to $81.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Argus dropped their price target on AECOM from $85.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, August 25th. Finally, Wall Street Zen lowered AECOM from a "buy" rating to a "hold" rating in a report on Monday, July 6th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, AECOM presently has a consensus rating of "Moderate Buy" and an average target price of $87.42.

AECOM Stock Down 5.0%

The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $7.36 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 1.06 and a beta of 0.93. The firm's fifty day moving average is $65.34 and its 200-day moving average is $72.07.

AECOM (NYSE:ACM - Get Free Report) last posted its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of $1.46 by ($1.96). The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%.The company's revenue was down 14.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities research analysts predict that AECOM will post 3.98 EPS for the current year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, October 14th. AECOM's dividend payout ratio (DPR) is currently 56.88%.

Institutional Trading of AECOM

A number of hedge funds have recently bought and sold shares of the business. Tidal Investments LLC increased its position in shares of AECOM by 61.5% during the 2nd quarter. Tidal Investments LLC now owns 29,580 shares of the construction company's stock valued at $2,056,000 after purchasing an additional 11,259 shares during the last quarter. Engineers Gate Manager LP increased its holdings in AECOM by 18.2% during the second quarter. Engineers Gate Manager LP now owns 129,355 shares of the construction company's stock worth $9,029,000 after buying an additional 19,883 shares during the last quarter. Squarepoint Ops LLC raised its position in AECOM by 300.9% in the second quarter. Squarepoint Ops LLC now owns 497,601 shares of the construction company's stock worth $34,733,000 after acquiring an additional 373,477 shares during the period. Allworth Financial LP raised its position in AECOM by 9.8% in the second quarter. Allworth Financial LP now owns 2,078 shares of the construction company's stock worth $145,000 after acquiring an additional 186 shares during the period. Finally, Empirical Finance LLC bought a new position in shares of AECOM during the 2nd quarter valued at approximately $502,000. 85.41% of the stock is currently owned by institutional investors.

AECOM Company Profile

AECOM NYSE: ACM is a global infrastructure consulting firm that provides professional services across the project lifecycle. Its activities include planning, design, engineering, architecture, program and construction management, environmental services, and operations support.

The company serves public- and private-sector clients in areas such as transportation, water, buildings, energy, environmental remediation, and government infrastructure. Its work includes roads and transit systems, airports, water and wastewater facilities, commercial and civic buildings, and large-scale urban development programs.

AECOM operates internationally, serving clients across North America, Europe, the Middle East, Asia-Pacific, and other global markets.

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