AECOM (NYSE:ACM – Get Rating) is scheduled to be posting its quarterly earnings results after the market closes on Monday, August 8th. Analysts expect AECOM to post earnings of $0.83 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
AECOM (NYSE:ACM – Get Rating) last announced its quarterly earnings data on Monday, May 9th. The construction company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.05. AECOM had a return on equity of 17.35% and a net margin of 1.59%. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.39 billion. During the same quarter last year, the firm posted $0.67 EPS. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, analysts expect AECOM to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
AECOM Stock Up 0.1 %
NYSE ACM opened at $71.57 on Friday. AECOM has a 52 week low of $60.74 and a 52 week high of $79.97. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.82. The business’s fifty day simple moving average is $67.06 and its 200-day simple moving average is $70.64. The firm has a market cap of $10.12 billion, a PE ratio of 49.02, a P/E/G ratio of 1.30 and a beta of 1.40.
AECOM Announces Dividend
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ACM. Credit Suisse Group set a $76.00 price objective on shares of AECOM in a report on Tuesday, July 19th. Citigroup lowered their price objective on AECOM from $92.00 to $85.00 in a research report on Friday, July 22nd. Royal Bank of Canada started coverage on AECOM in a research note on Wednesday, April 27th. They set an “outperform” rating and a $91.00 target price for the company. Robert W. Baird reduced their price objective on AECOM from $88.00 to $81.00 in a research note on Tuesday, May 10th. Finally, StockNews.com upgraded AECOM from a “hold” rating to a “buy” rating in a research note on Thursday, July 28th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, AECOM has an average rating of “Moderate Buy” and a consensus target price of $86.75.
Institutional Investors Weigh In On AECOM
A number of large investors have recently modified their holdings of the stock. Invesco Ltd. grew its position in shares of AECOM by 39.2% in the 1st quarter. Invesco Ltd. now owns 3,456,275 shares of the construction company’s stock worth $265,478,000 after acquiring an additional 972,449 shares in the last quarter. Federated Hermes Inc. raised its stake in AECOM by 110.6% during the 1st quarter. Federated Hermes Inc. now owns 459,259 shares of the construction company’s stock valued at $35,276,000 after acquiring an additional 241,164 shares in the last quarter. State Street Corp raised its stake in shares of AECOM by 4.0% in the 1st quarter. State Street Corp now owns 4,010,268 shares of the construction company’s stock worth $308,029,000 after buying an additional 156,072 shares in the last quarter. Eaton Vance Management raised its stake in shares of AECOM by 207.3% in the 1st quarter. Eaton Vance Management now owns 134,739 shares of the construction company’s stock worth $10,349,000 after buying an additional 90,886 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of AECOM by 15.4% in the 1st quarter. Wellington Management Group LLP now owns 456,433 shares of the construction company’s stock worth $35,059,000 after buying an additional 60,757 shares in the last quarter. Institutional investors and hedge funds own 86.15% of the company’s stock.
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.
- Get a free copy of the StockNews.com research report on AECOM (ACM)
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