AECOM (NYSE:ACM) Receives $107.25 Average PT from Analysts

Shares of AECOM (NYSE:ACM) have been given a consensus recommendation of “Buy” by the eight brokerages that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $107.25.

Several equities analysts recently issued reports on the company. Truist Financial restated a “buy” rating and set a $113.00 price target (up from $106.00) on shares of AECOM in a research report on Wednesday, May 8th. UBS Group increased their price target on shares of AECOM from $105.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. Citigroup upped their price objective on shares of AECOM from $107.00 to $116.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Robert W. Baird boosted their price target on AECOM from $104.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, May 7th. Finally, KeyCorp boosted their target price on AECOM from $104.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, April 19th.

Insider Transactions at AECOM

In other news, Director Douglas Stotlar sold 7,179 shares of AECOM stock in a transaction dated 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 owns 34,667 shares of the company’s stock, valued at approximately $3,241,711.17. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.42% of the company’s stock.

Institutional Trading of AECOM

Institutional investors have recently added to or reduced their stakes in the business. CreativeOne Wealth LLC grew its stake in shares of AECOM by 3.4% in the first quarter. CreativeOne Wealth LLC now owns 3,423 shares of the construction company’s stock worth $336,000 after acquiring an additional 114 shares during the period. Quent Capital LLC grew its position in AECOM by 9.9% during the first quarter. Quent Capital LLC now owns 1,865 shares of the construction company’s stock valued at $183,000 after buying an additional 168 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of AECOM by 4.1% during the 4th quarter. Pinnacle Associates Ltd. now owns 4,522 shares of the construction company’s stock worth $418,000 after acquiring an additional 177 shares during the last quarter. Arizona State Retirement System increased its stake in shares of AECOM by 0.5% in the 4th quarter. Arizona State Retirement System now owns 36,221 shares of the construction company’s stock worth $3,348,000 after purchasing an additional 196 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in AECOM by 53.7% during the first quarter. GAMMA Investing LLC now owns 604 shares of the construction company’s stock valued at $59,000 after purchasing an additional 211 shares during the period. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Price Performance

ACM stock opened at $89.26 on Friday. AECOM has a one year low of $74.40 and a one year high of $98.72. The firm has a 50 day simple moving average of $90.09 and a two-hundred day simple moving average of $91.04. The stock has a market cap of $12.15 billion, a PE ratio of -991.67, a P/E/G ratio of 1.26 and a beta of 1.21. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.06 and a quick ratio of 1.06.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.01). The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $1.80 billion. AECOM had a negative net margin of 0.09% and a positive return on equity of 22.73%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 earnings per share. On average, analysts predict that AECOM will post 4.49 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Wednesday, July 3rd will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.99%. The ex-dividend date is Wednesday, July 3rd. AECOM’s payout ratio is currently -977.67%.

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.