AECOM (NYSE:ACM) Receives $105.00 Consensus PT from Analysts

AECOM (NYSE:ACM) has been given an average rating of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have covered the stock in the last year is $105.00.

ACM has been the topic of a number of research reports. Truist Financial restated a “buy” rating and issued a $108.00 price target (up from $107.00) on shares of AECOM in a research note on Wednesday, August 7th. KeyCorp lifted their price objective on AECOM from $94.00 to $99.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Citigroup lowered their price target on shares of AECOM from $116.00 to $104.00 and set a “buy” rating for the company in a report on Monday, July 22nd. Robert W. Baird boosted their price objective on shares of AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Finally, Royal Bank of Canada boosted their price objective on AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th.

Hedge Funds Weigh In On AECOM

A number of large investors have recently bought and sold shares of ACM. EntryPoint Capital LLC purchased a new stake in shares of AECOM during the first quarter valued at about $25,000. Ables Iannone Moore & Associates Inc. acquired a new stake in AECOM in the fourth quarter valued at approximately $28,000. Creekmur Asset Management LLC purchased a new position in AECOM in the fourth quarter worth $28,000. Rise Advisors LLC purchased a new position in AECOM in the first quarter worth $31,000. Finally, Family Firm Inc. acquired a new position in shares of AECOM during the second quarter worth $31,000. Institutional investors own 85.41% of the company’s stock.

AECOM Price Performance

NYSE ACM opened at $102.57 on Tuesday. AECOM has a one year low of $74.40 and a one year high of $104.63. The stock has a 50-day moving average of $96.72 and a 200 day moving average of $92.93. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market capitalization of $13.96 billion, a price-to-earnings ratio of -1,139.67, a PEG ratio of 1.70 and a beta of 1.17.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, August 5th. The construction company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.04. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the previous year, the business posted $0.94 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, sell-side analysts forecast that AECOM will post 4.46 EPS for the current year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, October 2nd will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Wednesday, October 2nd. AECOM’s dividend payout ratio (DPR) is -977.78%.

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.