AECOM (NYSE:ACM) Receives $105.43 Consensus Price Target from Analysts

Shares of AECOM (NYSE:ACM) have earned an average rating of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $105.43.

ACM has been the subject of several research reports. Royal Bank of Canada reissued an “outperform” rating and set a $109.00 price objective on shares of AECOM in a research note on Wednesday, February 7th. TheStreet upgraded AECOM from a “c+” rating to a “b” rating in a report on Monday, February 5th. Barclays boosted their target price on AECOM from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Citigroup raised their price target on shares of AECOM from $107.00 to $116.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Finally, KeyCorp lifted their price target on shares of AECOM from $104.00 to $105.00 and gave the company an “overweight” rating in a research report on Friday, April 19th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ACM. SG Americas Securities LLC lifted its holdings in AECOM by 1,717.1% in the 1st quarter. SG Americas Securities LLC now owns 163,480 shares of the construction company’s stock worth $16,034,000 after buying an additional 154,483 shares in the last quarter. Duality Advisers LP acquired a new position in shares of AECOM in the first quarter worth about $248,000. Coulter & Justus Financial Services LLC purchased a new position in AECOM in the first quarter valued at about $392,000. BI Asset Management Fondsmaeglerselskab A S grew its stake in AECOM by 1,170.9% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 240,512 shares of the construction company’s stock valued at $23,589,000 after purchasing an additional 221,588 shares in the last quarter. Finally, FORA Capital LLC increased its holdings in AECOM by 16.0% during the 1st quarter. FORA Capital LLC now owns 22,285 shares of the construction company’s stock worth $2,186,000 after purchasing an additional 3,073 shares during the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Trading Up 1.6 %

Shares of AECOM stock opened at $96.24 on Friday. The firm has a market cap of $13.09 billion, a PE ratio of 213.87, a P/E/G ratio of 1.41 and a beta of 1.23. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.87. AECOM has a fifty-two week low of $74.40 and a fifty-two week high of $98.72. The business’s fifty day moving average is $93.82 and its two-hundred day moving average is $89.67.

AECOM (NYSE:ACM) last released its earnings results on Monday, May 6th. The construction company reported $1.04 earnings per share for the quarter, hitting the consensus estimate of $1.04. AECOM had a return on equity of 21.45% and a net margin of 0.42%. The firm had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. Analysts anticipate that AECOM will post 4.43 earnings per share for the current year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.91%. AECOM’s dividend payout ratio is currently 195.56%.

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.