Aecom (NYSE:ACM)’s share price was down 3.2% during trading on Wednesday . The company traded as low as $30.71 and last traded at $30.83, with a volume of 600,171 shares traded. The stock had previously closed at $31.84.

ACM has been the topic of several analyst reports. Zacks Investment Research upgraded Aecom from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Thursday, May 5th. Bank of America Corp. reiterated a “buy” rating on shares of Aecom in a report on Tuesday, May 24th. Credit Suisse Group AG reiterated a “buy” rating on shares of Aecom in a report on Saturday, June 4th. Argus reiterated a “hold” rating on shares of Aecom in a report on Saturday, June 4th. Finally, KeyCorp reiterated a “buy” rating on shares of Aecom in a report on Wednesday, June 29th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $35.36.

The company has a 50-day moving average of $33.97 and a 200 day moving average of $31.69. The stock has a market capitalization of $4.70 billion and a PE ratio of 53.41.

Aecom (NYSE:ACM) last posted its earnings results on Tuesday, August 9th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.11. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same period in the previous year, the firm posted $0.74 earnings per share. The firm’s revenue was down 3.1% compared to the same quarter last year. Equities analysts predict that Aecom will post $3.28 EPS for the current year.

In related news, insider Michael John Donnelly sold 5,700 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $36.00, for a total transaction of $205,200.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Vice Chairman Daniel R. Tishman sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 14th. The stock was sold at an average price of $31.92, for a total value of $957,600.00. Following the transaction, the insider now directly owns 319,341 shares in the company, valued at $10,193,364.72. The disclosure for this sale can be found here.

AECOM, formerly AECOM Technology Corporation, designs, builds, finances and operates infrastructure assets for governments, businesses and organizations around the world. The Company provides program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology (IT) services.

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