AECOM Company Profile (NYSE:ACM)

AECOM trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACM."

AECOM announced that its Board of Directors has authorized a share buyback program on Friday, September 22nd 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 18.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

AECOM (NYSE:ACM) posted its earnings results on Tuesday, August, 8th. The company reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.56 billion for the quarter, compared to analysts' expectations of $4.54 billion. AECOM had a net margin of 1.46% and a return on equity of 12.19%. The business's revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.81 earnings per share. View AECOM's Earnings History.

AECOM is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for AECOM.

AECOM updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $2.80-3.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.95.

9 brokerages have issued 1-year price objectives for AECOM's stock. Their predictions range from $33.00 to $48.00. On average, they anticipate AECOM's share price to reach $38.89 in the next twelve months. View Analyst Ratings for AECOM.

Here are some recent quotes from research analysts about AECOM stock:

• 1. According to Zacks Investment Research, "AECOM has a choppy earnings surprise history, with one beat, one miss and two in-line earnings over the trailing four quarters. Over the past year, AECOM’s shares have outperformed the industry average. Going forward, the company remains optimistic that favorable political climate both in the U.S. and abroad will continue to stoke growth of the infrastructure and defense markets. Also, the Shimmick buyout is expected to supplement core revenue growth. However, volatility in the oil and gas market, with declining prices and contracting spending levels, has been restraining the company’s projects and orders. Moreover, cyclical demand of the company’s services and currency fluctuations are likely to thwart growth, going forward. Also, the Budget Control Act is expected to delay few major projects, thus adding to the company’s woes. " (9/19/2017)
• 2. Credit Suisse Group analysts commented, "We believe Randy will be a very capable COO with more than 30 years of experience in the Engineering and Construction industry and given his more recent role as President of Technical and Operational Services. Mr. Wotring joined AECOM from URS Corporation where he previously served as President of Federal Services. In conjunction, ACM announced Stephen Kadenacy is leaving his position as President and Chief Operating Officer. We believe the market will view this as a surprise given his tenure at ACM and recent promotion to President and Chief Operating Officer. We do not believe this reflects any operational issues at the firm. Instead, we believe Mr. Kadenacy left the firm to pursue an opportunity with even greater responsibility and career advancement in the near-term." (6/29/2017)

Some companies that are related to AECOM include Fluor Corporation (FLR), Quanta Services (PWR), Babcock International Group PLC (BAB), EMCOR Group (EME), Stantec (STN), KBR (KBR), Granite Construction Incorporated (GVA), Balfour Beatty plc (BBY), Chicago Bridge & Iron Company N.V. (CBI), Primoris Services Corporation (PRIM), Tutor Perini Corporation (TPC), Kier Group plc (KIE), Galliford Try plc (GFRD), John Laing Group PLC (JLG), NCI Building Systems (NCS), Argan (AGX), Aegion Corp (AEGN) and Morgan Sindall Group PLC (MGNS).

AECOM's management team includes the folowing people:

• Michael S. Burke, Chairman of the Board, Chief Executive Officer
• Randall A. Wotring, President - Technical and Operational Services , Chief Operating Officer
• Daniel R. Tishman, Vice Chairman of the Board
• W. Troy Rudd, Chief Financial Officer, Executive Vice President
• Daniel P. McQuade, Group President - Construction Services
• Frederick W. Werner, Group President-Design and Consulting Services — Americas
• Mary E. Finch, Chief Human Resources Officer, Executive Vice President
• Carla J. Christofferson, Executive Vice President, General Counsel
• Gaurav Kapoor, Senior Vice President, Global Controller and Principal Accounting Officer
• James H. Fordyce, Independent Director

AECOM's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (13.20%), Vanguard Group Inc. (8.63%), BlackRock Inc. (7.86%), Dimensional Fund Advisors LP (3.03%), State Street Corp (2.54%) and Alliancebernstein L.P. (1.81%). Company insiders that own AECOM stock include Carla J Christofferson, Daniel P Mcquade, Daniel R Tishman, Frederick W Werner, Linda M Griego, Michael John Donnelly, Michael S Burke, Ronald E Osborne, Stephen M Kadenacy, Troy Rudd, William G Ouchi and William P Rutledge. View Institutional Ownership Trends for AECOM.

AECOM's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Systematic Financial Management LP, Teacher Retirement System of Texas, BlackRock Inc., Calamos Advisors LLC, Lord Abbett & CO. LLC, Teachers Advisors LLC and TIAA CREF Investment Management LLC. Company insiders that have sold AECOM stock in the last year include Carla J Christofferson, Daniel P Mcquade, Daniel R Tishman, Frederick W Werner, Linda M Griego, Michael S Burke, Stephen M Kadenacy and Troy Rudd. View Insider Buying and Selling for AECOM.

AECOM's stock was purchased by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, Thompson Siegel & Walmsley LLC, Parametric Portfolio Associates LLC, First Trust Advisors LP, Vanguard Group Inc., Sei Investments Co., Thrivent Financial For Lutherans and Brandywine Global Investment Management LLC. View Insider Buying and Selling for AECOM.

Shares of AECOM can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AECOM stock can currently be purchased for approximately $35.54.