Aecom (ACM) Receiving Favorable News Coverage, Report Shows
Press coverage about Aecom (NYSE:ACM) has trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Aecom earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 46.1538248121446 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Expect Aecom (ACM) to Announce $0.55 Earnings Per Share (americanbankingnews.com)
- AECOM (ACM) – Well known Mover to Watch – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Aecom (ACM) Holder Mark Sheptoff Financial Planning Cut Holding; Strs Ohio Increased United Parcel Services (UPS … – Hill Country Times (hillcountrytimes.com)
- AECOM Finishes PCM Services for Sobrato Pavilion in San Jose – Nasdaq (nasdaq.com)
- Aecom, Fluor Are Buys In The Engineering And Construction Space, Baird Says – Benzinga (benzinga.com)
Aecom (NYSE:ACM) opened at $38.28 on Monday. The company has a market capitalization of $6,030.00, a PE ratio of 17.97, a price-to-earnings-growth ratio of 2.06 and a beta of 1.73. Aecom has a twelve month low of $30.15 and a twelve month high of $39.50. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.88.
Aecom (NYSE:ACM) last announced its earnings results on Monday, November 13th. The construction company reported $0.74 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.03. The firm had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.63 billion. Aecom had a return on equity of 12.12% and a net margin of 1.86%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 EPS. equities analysts anticipate that Aecom will post 2.66 earnings per share for the current fiscal year.
Aecom declared that its Board of Directors has approved a stock buyback program on Thursday, September 21st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 18.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.
Several equities research analysts recently weighed in on ACM shares. Zacks Investment Research raised Aecom from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 19th. KeyCorp reissued a “buy” rating on shares of Aecom in a report on Friday, September 22nd. Robert W. Baird reissued a “neutral” rating and set a $38.00 price objective (up previously from $36.00) on shares of Aecom in a report on Friday, September 22nd. Citigroup reissued a “buy” rating and set a $4.00 price objective (down previously from $40.00) on shares of Aecom in a report on Friday, October 27th. Finally, Credit Suisse Group reissued a “neutral” rating on shares of Aecom in a report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $32.00.
In other news, Director Rob J. Routs sold 6,468 shares of the business’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $37.12, for a total value of $240,092.16. Following the transaction, the director now directly owns 18,904 shares of the company’s stock, valued at approximately $701,716.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Fordyce sold 4,390 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $38.00, for a total value of $166,820.00. The disclosure for this sale can be found here. Insiders have sold a total of 62,326 shares of company stock worth $2,390,904 over the last ninety days. Company insiders own 0.73% of the company’s stock.
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AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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