A number of firms have modified their ratings and price targets on shares of AECOM (NYSE: ACM) recently:
- 10/22/2024 – AECOM had its price target raised by analysts at Citigroup Inc. from $110.00 to $128.00. They now have a “buy” rating on the stock.
- 10/19/2024 – AECOM was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 10/10/2024 – AECOM was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 10/7/2024 – AECOM had its price target raised by analysts at KeyCorp from $99.00 to $115.00. They now have an “overweight” rating on the stock.
- 10/4/2024 – AECOM had its price target raised by analysts at Truist Financial Co. from $108.00 to $119.00. They now have a “buy” rating on the stock.
AECOM Trading Down 0.9 %
Shares of ACM stock opened at $105.37 on Thursday. The firm has a fifty day moving average of $100.89 and a 200-day moving average of $93.88. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of -1,170.78, a P/E/G ratio of 1.58 and a beta of 1.17. AECOM has a 52-week low of $74.40 and a 52-week high of $108.26. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.13.
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The construction company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.04. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $1.85 billion. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.94 earnings per share. On average, equities research analysts forecast that AECOM will post 4.46 earnings per share for the current fiscal year.
AECOM Announces Dividend
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Ballentine Partners LLC increased its position in shares of AECOM by 33.0% during the 1st quarter. Ballentine Partners LLC now owns 3,301 shares of the construction company’s stock worth $324,000 after purchasing an additional 819 shares in the last quarter. Gateway Investment Advisers LLC bought a new position in shares of AECOM in the first quarter valued at approximately $202,000. Diversified Trust Co bought a new position in shares of AECOM in the first quarter valued at approximately $1,035,000. Little House Capital LLC acquired a new position in shares of AECOM in the 1st quarter worth approximately $753,000. Finally, Handelsinvest Investeringsforvaltning grew its position in AECOM by 37.3% during the 1st quarter. Handelsinvest Investeringsforvaltning now owns 13,665 shares of the construction company’s stock worth $1,340,000 after acquiring an additional 3,714 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.
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.
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