AECOM (NYSE:ACM) Receives $102.00 Consensus Target Price from Analysts

AECOM (NYSE:ACM) has been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is $102.00.

Several brokerages recently issued reports on ACM. TheStreet upgraded shares of AECOM from a “c+” rating to a “b” rating in a report on Monday, February 5th. Truist Financial began coverage on shares of AECOM in a report on Thursday, March 14th. They issued a “buy” rating and a $106.00 price objective on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $109.00 price objective on shares of AECOM in a report on Wednesday, February 7th. Robert W. Baird boosted their price objective on shares of AECOM from $100.00 to $103.00 and gave the company an “outperform” rating in a report on Tuesday, February 6th. Finally, KeyCorp began coverage on shares of AECOM in a report on Wednesday, January 10th. They issued an “overweight” rating and a $104.00 price objective on the stock.

AECOM Trading Up 0.1 %

Shares of ACM opened at $93.67 on Tuesday. AECOM has a 52-week low of $74.40 and a 52-week high of $98.72. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.87. The firm’s fifty day moving average is $92.43 and its two-hundred day moving average is $88.39. The stock has a market cap of $12.74 billion, a PE ratio of 208.16, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, February 6th. The construction company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.92 by $0.13. AECOM had a return on equity of 21.45% and a net margin of 0.42%. The business had revenue of $3.90 billion for the quarter. During the same quarter in the prior year, the firm earned $0.86 EPS. Research analysts forecast that AECOM will post 4.45 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Wednesday, April 24th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.88 dividend on an annualized basis and a yield of 0.94%. AECOM’s dividend payout ratio (DPR) is presently 195.56%.

Institutional Trading of AECOM

Hedge funds have recently added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. acquired a new stake in AECOM in the fourth quarter valued at approximately $28,000. Creekmur Asset Management LLC acquired a new stake in AECOM in the fourth quarter valued at approximately $28,000. Rise Advisors LLC acquired a new stake in AECOM in the first quarter valued at approximately $31,000. Point72 Hong Kong Ltd acquired a new stake in AECOM in the first quarter valued at approximately $25,000. Finally, Janiczek Wealth Management LLC acquired a new stake in AECOM in the third quarter valued at approximately $28,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

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.