According to Bloomberg Ratings, the nine research firms that cover AECOM (NYSE: ACM) have given the stock a consensus rating of “Buy.” Analysts have given the stock five buy recommendations, and the stock has gotten a consensus recommendation of “Buy.” The stock has been covered by analysts who have updated their coverage during the past year, and their average 1-year price target is $88.38. A large number of scientific groups have held recent discussions on ACM. Citigroup decreased their price objective on shares of AECOM on Friday, July 22nd, from $92.00 to $85.00, as part of a research report that they released. The stock of AECOM was given a “buy” recommendation by StockNews.com on Thursday, July 28th, up from a “hold” rating previously held by the website. The target price that Credit Suisse Group placed on AECOM shares was increased to $80.00 on August 15th, 2017.
In conclusion, Robert W. Baird raised their target price on shares of AECOM from $82.00 to $89.00 and rated the stock with a “outperform” recommendation in a research note released on Friday, August 26th. Several institutional investors have recently changed how they are keeping their positions in ACM. Point72 Hong Kong Ltd. acquired a new interest in AECOM that was around 25,000 dollars in value during the first quarter. During the first three months of the year, Signaturefd LLC saw a 107.6% gain in its position in AECOM. Signaturefd LLC now directly owns 355 shares of the construction company’s stock, which have a combined value of $27,000 after acquiring an additional 184 shares during the most recent quarter. The Steward Financial Group LLC made a new investment in AECOM during the year’s first quarter. The value of this investment was approximately $34,000. Wealth Management Nauset. LLC invested approximately $35,000 to acquire a new interest in AECOM during the first quarter of the fiscal year.
Last but not least, during the second quarter, Brown Brothers Harriman & Co. acquired a new position in AECOM with an approximate value of $35,000. Hedge funds and other institutional investors hold the company’s stock at 84.99%. On Monday, ACM stock began trading at $75.13. The company’s fifty-day and 200-day moving averages are $71.04 and $71.31, respectively. The one-year low and high for AECOM are $60.74 and $79.97, respectively. The company’s market capitalization is $10.49 billion, the PE ratio is 35.78, P/E/G is 1.48, and the beta is 1.38. Debt to equity for the company is 0.84, the quick ratio is 1.06, and the current ratio is 1.06. On Monday, August 8th, AECOM (NYSE: ACM) most recently reported its earnings results. The construction firm exceeded the average estimate of $0.82 by $0.04 with $0.86 earnings per share (EPS) for the quarter. The net margin and return on equity for AECOM were 2.30 and 18.25, respectively. Analyst predictions for the company’s quarterly sales ranged from $3.49 billion to $3.24 billion.
The company’s annual profits per share for the same quarter was $0.73. Compared to the same quarter last year, the company’s sales for the quarter decreased by 4.9%. The consensus estimate of research experts is 3.46 EPS for the current year for AECOM. AECOM offers expert infrastructure consulting services for governments, companies, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific, together with its subsidiaries. The Americas, International, and AECOM Capital segments comprise its three operational divisions. The business provides planning, consulting, engineering and architectural design, program and construction management, and investment and development services to business and government clients.