AECOM (NYSE:ACM) Receives $120.38 Consensus PT from Analysts

AECOM (NYSE:ACM) has earned an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $120.38.

Several research firms have issued reports on ACM. Barclays upped their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Robert W. Baird reduced their target price on AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 4th. Citigroup dropped their price target on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, KeyCorp cut their price objective on AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th.

AECOM Trading Down 0.1 %

Shares of ACM stock opened at $94.54 on Tuesday. The stock has a 50-day simple moving average of $100.67 and a 200 day simple moving average of $105.06. The stock has a market capitalization of $12.54 billion, a P/E ratio of 26.86, a P/E/G ratio of 1.63 and a beta of 1.22. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. On average, sell-side analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.10%. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of AECOM during the 3rd quarter valued at $495,000. PNC Financial Services Group Inc. boosted its position in AECOM by 1.1% during the third quarter. PNC Financial Services Group Inc. now owns 9,459 shares of the construction company’s stock valued at $977,000 after purchasing an additional 103 shares during the last quarter. Commerce Bank purchased a new position in AECOM in the third quarter valued at about $211,000. Eagle Asset Management Inc. increased its position in AECOM by 2.8% in the 3rd quarter. Eagle Asset Management Inc. now owns 31,402 shares of the construction company’s stock worth $3,467,000 after purchasing an additional 859 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in shares of AECOM by 79.3% during the 3rd quarter. Cerity Partners LLC now owns 25,348 shares of the construction company’s stock worth $2,618,000 after purchasing an additional 11,209 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

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.