AECOM (NYSE:ACM) Given Consensus Recommendation of “Buy” by Analysts

AECOM (NYSE:ACM) has been given a consensus rating of “Buy” by the eight brokerages that are presently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $117.88.

Several analysts have recently commented on ACM shares. Robert W. Baird decreased their price objective on AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 4th. Truist Financial decreased their price target on AECOM from $129.00 to $121.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. 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. Barclays increased their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, KeyCorp dropped their target price on shares of AECOM from $121.00 to $109.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ACM. Principal Securities Inc. grew its position in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock worth $25,000 after purchasing an additional 116 shares during the period. Allworth Financial LP grew its holdings in AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock worth $29,000 after acquiring an additional 207 shares during the period. National Pension Service purchased a new position in AECOM during the fourth quarter valued at approximately $32,000. Marshall & Sterling Wealth Advisors Inc. purchased a new position in AECOM during the fourth quarter valued at approximately $35,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in AECOM in the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Trading Up 1.4 %

Shares of NYSE ACM opened at $95.27 on Friday. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The business has a fifty day moving average price of $94.92 and a 200 day moving average price of $103.96. The stock has a market capitalization of $12.64 billion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last released 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%. Equities research analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is currently 29.55%.

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.