Royal Bank Of Canada Issues Pessimistic Forecast for AECOM (NYSE:ACM) Stock Price

AECOM (NYSE:ACM) had its price target reduced by investment analysts at Royal Bank Of Canada from $142.00 to $139.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the construction company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 24.50% from the company’s previous close.

A number of other analysts also recently issued reports on ACM. Citigroup raised their target price on AECOM from $150.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday. KeyCorp lifted their target price on shares of AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Barclays increased their price target on shares of AECOM from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. National Bank Financial started coverage on shares of AECOM in a research report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 price target on the stock. Finally, Bank of America raised their target price on AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $141.55.

AECOM Price Performance

NYSE ACM traded down $1.38 during trading hours on Thursday, reaching $111.65. The company’s stock had a trading volume of 256,305 shares, compared to its average volume of 970,871. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52. The company’s 50-day moving average is $130.66 and its two-hundred day moving average is $120.05. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 24.32, a P/E/G ratio of 1.96 and a beta of 1.06.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.34 by $0.02. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The company had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the previous year, the firm earned $1.27 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. On average, equities analysts predict that AECOM will post 5.1 EPS for the current year.

Institutional Trading of AECOM

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brookstone Capital Management purchased a new position in shares of AECOM during the 2nd quarter worth approximately $219,000. Hantz Financial Services Inc. raised its holdings in shares of AECOM by 604.6% in the second quarter. Hantz Financial Services Inc. now owns 458 shares of the construction company’s stock worth $52,000 after acquiring an additional 393 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of AECOM by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company’s stock worth $100,224,000 after acquiring an additional 36,804 shares during the last quarter. Boston Partners lifted its position in shares of AECOM by 7.6% in the second quarter. Boston Partners now owns 115,593 shares of the construction company’s stock valued at $13,047,000 after acquiring an additional 8,161 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of AECOM during the second quarter valued at $272,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

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.