Arcosa (NYSE:ACA) Upgraded at Wall Street Zen

Arcosa (NYSE:ACA) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Monday.

Several other brokerages have also commented on ACA. Weiss Ratings restated a “buy (b-)” rating on shares of Arcosa in a report on Monday, December 1st. DA Davidson increased their target price on Arcosa from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Barclays raised their target price on Arcosa from $106.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 3rd. Finally, Zacks Research lowered Arcosa from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $115.00.

Arcosa Trading Up 0.3%

ACA opened at $107.51 on Monday. Arcosa has a one year low of $68.11 and a one year high of $111.19. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.30. The business has a 50 day simple moving average of $97.75 and a two-hundred day simple moving average of $93.50. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 35.60, a PEG ratio of 1.57 and a beta of 1.00.

Arcosa (NYSE:ACA) last posted its earnings results on Wednesday, August 17th. The company reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $515.10 million for the quarter. Arcosa had a return on equity of 7.46% and a net margin of 5.25%. Analysts predict that Arcosa will post 3.23 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ACA. First Horizon Corp purchased a new position in Arcosa in the 3rd quarter worth approximately $32,000. Salomon & Ludwin LLC purchased a new stake in Arcosa during the 3rd quarter valued at $33,000. Bessemer Group Inc. increased its holdings in shares of Arcosa by 47.8% in the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company’s stock worth $35,000 after purchasing an additional 119 shares in the last quarter. Quarry LP raised its stake in shares of Arcosa by 160.0% in the third quarter. Quarry LP now owns 403 shares of the company’s stock worth $38,000 after purchasing an additional 248 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Arcosa in the second quarter worth $40,000. Institutional investors own 90.66% of the company’s stock.

About Arcosa

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.