AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through 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 commercial and government clients. It also invests in and develops real estate projects. In addition, the company provides construction services, including building construction and energy, and infrastructure and industrial construction. It serves transportation, water, government, facilities, environmental, and energy sectors. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was incorporated in 1980 and is headquartered Dallas, Texas.
AECOM Trading Up 2.2 %
NYSE:ACM opened at $76.57 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $10.82 billion, a P/E ratio of 36.46, a PEG ratio of 1.51 and a beta of 1.40. The firm's 50-day moving average is $67.42 and its two-hundred day moving average is $70.84. AECOM has a 12 month low of $60.74 and a 12 month high of $79.97.
AECOM (NYSE:ACM - Get Rating) last released its quarterly earnings results on Monday, August 8th. The construction company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. The business had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.49 billion. AECOM had a net margin of 2.30% and a return on equity of 18.25%. The business's revenue was down 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. On average, sell-side analysts anticipate that AECOM will post 3.45 earnings per share for the current year.
AECOM Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Wednesday, July 6th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, July 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.78%. AECOM's dividend payout ratio is currently 28.57%.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Royal Bank of Canada began coverage on shares of AECOM in a research note on Wednesday, April 27th. They issued an "outperform" rating and a $91.00 target price on the stock. StockNews.com raised AECOM from a "hold" rating to a "buy" rating in a research note on Thursday, July 28th. Citigroup cut their target price on AECOM from $92.00 to $85.00 in a research note on Friday, July 22nd. Credit Suisse Group set a $76.00 price objective on shares of AECOM in a report on Tuesday, July 19th. Finally, Robert W. Baird raised their price objective on shares of AECOM from $80.00 to $82.00 in a research report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $86.88.