AECOM (NYSE:ACM) Receives Average Recommendation of “Buy” from Brokerages

Shares of AECOM (NYSE:ACMGet Rating) have received a consensus rating of “Buy” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $85.00.

A number of research analysts recently commented on the stock. StockNews.com downgraded shares of AECOM from a “buy” rating to a “hold” rating in a research report on Thursday. Needham & Company LLC increased their target price on shares of AECOM from $100.00 to $110.00 in a research report on Thursday, January 6th. Barclays increased their target price on shares of AECOM from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, December 17th. Finally, Argus increased their target price on shares of AECOM from $80.00 to $82.00 in a research report on Tuesday, February 15th.

Shares of NYSE:ACM opened at $76.28 on Friday. AECOM has a 52 week low of $58.36 and a 52 week high of $79.97. The company’s 50 day moving average is $74.70 and its two-hundred day moving average is $72.02. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.82. The company has a market cap of $10.78 billion, a PE ratio of 53.34, a P/E/G ratio of 1.14 and a beta of 1.48.

AECOM (NYSE:ACMGet Rating) last announced its quarterly earnings data on Monday, February 7th. The construction company reported $0.89 EPS for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.12. AECOM had a net margin of 1.57% and a return on equity of 16.26%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the firm posted $0.62 EPS. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. As a group, equities research analysts expect that AECOM will post 3.4 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 22nd. Shareholders of record on Wednesday, April 6th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, April 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.79%. AECOM’s dividend payout ratio is presently 41.96%.

Institutional investors have recently modified their holdings of the company. Counterpoint Mutual Funds LLC acquired a new position in shares of AECOM during the fourth quarter worth about $29,000. CWM LLC acquired a new position in shares of AECOM during the fourth quarter worth about $37,000. CENTRAL TRUST Co acquired a new position in shares of AECOM during the fourth quarter worth about $38,000. Quent Capital LLC acquired a new position in shares of AECOM during the fourth quarter worth about $58,000. Finally, Ellevest Inc. acquired a new position in shares of AECOM during the fourth quarter worth about $74,000. Institutional investors and hedge funds own 86.41% of the company’s stock.

About AECOM (Get Rating)

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through 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 commercial and government clients.

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Analyst Recommendations for AECOM (NYSE:ACM)

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