AECOM (NYSE:ACM) Receives $103.38 Consensus PT from Analysts

AECOM (NYSE:ACM) has been given an average recommendation of “Buy” by the eight brokerages that are currently covering the company, MarketBeat.com reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $101.88.

A number of equities analysts have recently commented on ACM shares. Robert W. Baird lowered their price objective on AECOM from $110.00 to $96.00 and set an “outperform” rating for the company in a research report on Monday, July 8th. UBS Group boosted their price objective on AECOM from $105.00 to $106.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd. KeyCorp lowered their price objective on AECOM from $105.00 to $94.00 and set an “overweight” rating for the company in a research report on Wednesday, July 17th. Citigroup lowered their price objective on AECOM from $116.00 to $104.00 and set a “buy” rating for the company in a research report on Monday. Finally, Truist Financial lowered their price objective on AECOM from $113.00 to $107.00 and set a “buy” rating for the company in a research report on Tuesday, July 2nd.

AECOM Stock Performance

NYSE ACM opened at $87.33 on Thursday. The company has a market cap of $11.89 billion, a P/E ratio of -970.23, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50-day moving average of $87.59 and a two-hundred day moving average of $90.37. AECOM has a 1-year low of $74.40 and a 1-year high of $98.72.

AECOM (NYSE:ACM) last released its earnings results on Monday, May 6th. The construction company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.01). The firm had revenue of $3.94 billion during the quarter, compared to analyst estimates of $1.80 billion. AECOM had a negative net margin of 0.09% and a positive return on equity of 22.73%. The business’s revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. As a group, analysts anticipate that AECOM will post 4.47 EPS for the current year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Wednesday, July 3rd were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Wednesday, July 3rd. AECOM’s dividend payout ratio (DPR) is -977.67%.

Insider Activity at AECOM

In related news, Director Douglas Stotlar sold 7,179 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $93.51, for a total value of $671,308.29. Following the completion of the transaction, the director now directly owns 34,667 shares of the company’s stock, valued at $3,241,711.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AECOM

Large investors have recently modified their holdings of the company. EntryPoint Capital LLC acquired a new stake in shares of AECOM in the first quarter valued at approximately $25,000. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of AECOM in the fourth quarter valued at approximately $28,000. Creekmur Asset Management LLC acquired a new stake in shares of AECOM in the fourth quarter valued at approximately $28,000. Rise Advisors LLC acquired a new stake in shares of AECOM in the first quarter valued at approximately $31,000. Finally, Family Firm Inc. acquired a new stake in shares of AECOM in the second quarter valued at approximately $31,000. 85.41% of the stock is owned by institutional investors and hedge funds.

About AECOM

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.