Arcosa, Inc., together with its subsidiaries, provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment offers natural and recycled aggregates; specialty materials; and trench shields and shoring products for residential and non-residential construction, agriculture, specialty building products, as well as for infrastructure related projects. The Engineered Structures segment provides utility structures, wind towers, traffic and lighting structures, telecommunication structures, storage and distribution tanks for electricity transmission and distribution, wind power generation, highway road construction, and wireless communication markets, as well as for gas and liquids storage and transportation for residential, commercial, energy, agriculture, and industrial markets. The Transportation Products segment offers inland barges; fiberglass barge covers, winches, and other components; cast components for industrial and mining sectors; and axles, circular forgings, coupling devices for freight, tank, locomotive, and passenger rail transportation equipment, as well as other industrial uses. Arcosa, Inc. was incorporated in 2018 and is headquartered in Dallas, Texas.
Arcosa Stock Performance
Shares of ACA Stock traded up $1.43 during trading hours on Monday, reaching $61.87. The company had a trading volume of 344,244 shares, compared to its average volume of 220,607. The business has a fifty day moving average price of $49.21 and a 200-day moving average price of $51.36. Arcosa has a one year low of $43.42 and a one year high of $63.23. The firm has a market cap of $2.99 billion, a PE ratio of 33.00 and a beta of 0.55. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.38 and a current ratio of 2.09.
Arcosa (NYSE:ACA - Get Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.38. Arcosa had a net margin of 4.15% and a return on equity of 5.53%. During the same period last year, the firm earned $0.60 earnings per share. Sell-side analysts predict that Arcosa will post 2.08 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have weighed in on ACA. TheStreet upgraded shares of Arcosa from a "c+" rating to a "b-" rating in a research note on Thursday. Stephens raised their price objective on shares of Arcosa from $65.00 to $70.00 and gave the company an "overweight" rating in a research note on Monday.
Insider Transactions at Arcosa
In related news, insider Kerry S. Cole sold 10,500 shares of the business's stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $52.82, for a total transaction of $554,610.00. Following the completion of the sale, the insider now directly owns 23,475 shares in the company, valued at $1,239,949.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.76% of the company's stock.