AECOM (NYSE:ACM) PT Raised to $105.00 at KeyCorp

AECOM (NYSE:ACM) had its price objective lifted by research analysts at KeyCorp from $104.00 to $105.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the construction company’s stock. KeyCorp’s target price suggests a potential upside of 12.48% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. TheStreet raised shares of AECOM from a “c+” rating to a “b” rating in a research note on Monday, February 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $109.00 price target on shares of AECOM in a research report on Wednesday, February 7th. Barclays increased their price target on shares of AECOM from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Robert W. Baird boosted their price objective on shares of AECOM from $100.00 to $103.00 and gave the company an “outperform” rating in a research note on Tuesday, February 6th. Finally, Truist Financial assumed coverage on AECOM in a report on Thursday, March 14th. They set a “buy” rating and a $106.00 price objective for the company. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $102.14.

AECOM Stock Up 0.1 %

ACM stock opened at $93.35 on Friday. The company has a 50 day moving average price of $92.81 and a two-hundred day moving average price of $88.61. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market capitalization of $12.70 billion, a P/E ratio of 207.52, a PEG ratio of 1.38 and a beta of 1.24. AECOM has a one year low of $74.40 and a one year high of $98.72.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.13. The business had revenue of $3.90 billion for the quarter. AECOM had a return on equity of 21.45% and a net margin of 0.42%. During the same quarter last year, the business earned $0.86 EPS. As a group, sell-side analysts expect that AECOM will post 4.45 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ACM. Somerset Trust Co raised its stake in shares of AECOM by 3.5% during the third quarter. Somerset Trust Co now owns 3,783 shares of the construction company’s stock valued at $314,000 after purchasing an additional 127 shares during the period. Fifth Third Bancorp increased its stake in AECOM by 9.7% during the 3rd quarter. Fifth Third Bancorp now owns 1,683 shares of the construction company’s stock worth $140,000 after buying an additional 149 shares during the period. CIBC Asset Management Inc lifted its holdings in AECOM by 4.0% in the 3rd quarter. CIBC Asset Management Inc now owns 3,897 shares of the construction company’s stock worth $324,000 after buying an additional 151 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in AECOM by 4.9% in the 1st quarter. Moneta Group Investment Advisors LLC now owns 3,266 shares of the construction company’s stock valued at $275,000 after buying an additional 154 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its position in AECOM by 4.1% in the 4th quarter. Pinnacle Associates Ltd. now owns 4,522 shares of the construction company’s stock valued at $418,000 after buying an additional 177 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in 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 public and private clients.