Arcosa, Inc. (ACA) – What Are Researchers Thinking About This Stock?

Shares of Arcosa, Inc. (NYSE:ACA) have been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $141.25.

ACA has been the subject of a number of analyst reports. Weiss Ratings upgraded Arcosa from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, October 12th. Stephens set a $150.00 price target on Arcosa in a research report on Thursday, August 6th. Finally, Oppenheimer lowered shares of Arcosa from an “outperform” rating to a “market perform” rating in a research note on Friday, June 26th.

Arcosa Stock Performance

Shares of NYSE:ACA opened at $149.21 on Friday. The business has a 50-day moving average of $146.21 and a two-hundred day moving average of $137.00. The firm has a market capitalization of $7.33 billion, a PE ratio of 14.95, a P/E/G ratio of 2.24 and a beta of 1.08. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.12 and a quick ratio of 2.31. Arcosa has a 12 month low of $91.40 and a 12 month high of $149.50.

Arcosa (NYSE:ACA) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.05). Arcosa had a net margin of 17.90% and a return on equity of 7.90%. The firm had revenue of $658.70 million for the quarter, compared to analysts’ expectations of $687.50 million. During the same quarter in the prior year, the business earned $1.27 EPS. The company’s revenue for the quarter was down 10.6% on a year-over-year basis. As a group, research analysts forecast that Arcosa will post 4.16 earnings per share for the current year.

Arcosa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.1%. Arcosa’s dividend payout ratio is presently 2.00%.

Institutional Trading of Arcosa

A number of hedge funds have recently bought and sold shares of ACA. PNC Financial Services Group Inc. boosted its holdings in shares of Arcosa by 1.7% in the first quarter. PNC Financial Services Group Inc. now owns 5,268 shares of the company’s stock worth $559,000 after buying an additional 90 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in shares of Arcosa by 2.0% during the 3rd quarter. Evergreen Capital Management LLC now owns 6,343 shares of the company’s stock worth $927,000 after acquiring an additional 123 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Arcosa by 10.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,367 shares of the company’s stock valued at $199,000 after acquiring an additional 129 shares during the period. Versant Capital Management Inc grew its position in shares of Arcosa by 15.2% during the 2nd quarter. Versant Capital Management Inc now owns 1,025 shares of the company’s stock valued at $149,000 after acquiring an additional 135 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of Arcosa by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 40,895 shares of the company’s stock worth $4,340,000 after purchasing an additional 143 shares in the last quarter. 90.66% of the stock is owned by institutional investors.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is an infrastructure products company headquartered in Dallas, Texas. The company develops and manufactures products used in construction, transportation, utility and communications infrastructure, and renewable energy projects, serving customers primarily in the United States and other North American markets.

Arcosa’s Construction Products segment supplies aggregates, construction materials, drainage and stormwater management products, and related infrastructure solutions.