AECOM (NYSE:ACM – Get Free Report) has been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is $102.00.
Several brokerages recently issued reports on ACM. TheStreet upgraded shares of AECOM from a “c+” rating to a “b” rating in a report on Monday, February 5th. Truist Financial began coverage on shares of AECOM in a report on Thursday, March 14th. They issued a “buy” rating and a $106.00 price objective on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $109.00 price objective on shares of AECOM in a report on Wednesday, February 7th. 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 report on Tuesday, February 6th. Finally, KeyCorp began coverage on shares of AECOM in a report on Wednesday, January 10th. They issued an “overweight” rating and a $104.00 price objective on the stock.
Read Our Latest Report on AECOM
AECOM Trading Up 0.1 %
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The construction company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.92 by $0.13. AECOM had a return on equity of 21.45% and a net margin of 0.42%. The business had revenue of $3.90 billion for the quarter. During the same quarter in the prior year, the firm earned $0.86 EPS. Research analysts forecast that AECOM will post 4.45 earnings per share for the current fiscal year.
AECOM Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Shareholders 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 yield of 0.94%. AECOM’s dividend payout ratio (DPR) is presently 195.56%.
Institutional Trading of AECOM
Hedge funds have recently added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. acquired a new stake in AECOM in the fourth quarter valued at approximately $28,000. Creekmur Asset Management LLC acquired a new stake in AECOM in the fourth quarter valued at approximately $28,000. Rise Advisors LLC acquired a new stake in AECOM in the first quarter valued at approximately $31,000. Point72 Hong Kong Ltd acquired a new stake in AECOM in the first quarter valued at approximately $25,000. Finally, Janiczek Wealth Management LLC acquired a new stake in AECOM in the third quarter valued at approximately $28,000. Institutional investors and hedge funds own 85.41% of the company’s stock.
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.
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