Arcosa, Inc. (NYSE:ACA) Given Consensus Rating of “Moderate Buy” by Brokerages

Arcosa, Inc. (NYSE:ACA) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $115.00.

Several research analysts have weighed in on ACA shares. Wall Street Zen raised shares of Arcosa from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Barclays upped their price objective on Arcosa from $106.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arcosa in a report on Monday. Finally, Zacks Research downgraded shares of Arcosa from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th.

Arcosa Stock Up 0.2%

Shares of NYSE ACA opened at $110.05 on Wednesday. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 36.44, a PEG ratio of 1.61 and a beta of 1.00. Arcosa has a 1 year low of $68.11 and a 1 year high of $113.25. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 2.02. The stock’s 50-day simple moving average is $100.24 and its 200-day simple moving average is $94.69.

Arcosa (NYSE:ACA) last posted its quarterly earnings data on Wednesday, August 17th. The company reported $0.60 earnings per share (EPS) for the quarter. The company 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%. As a group, equities analysts anticipate that Arcosa will post 3.23 earnings per share for the current fiscal year.

Arcosa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, January 15th. This represents a $0.20 annualized dividend and a yield of 0.2%. Arcosa’s dividend payout ratio is 6.62%.

Institutional Trading of Arcosa

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Neuberger Berman Group LLC boosted its position in Arcosa by 1.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 3,172,694 shares of the company’s stock valued at $275,153,000 after purchasing an additional 50,624 shares during the period. Capital International Investors increased its holdings in shares of Arcosa by 28.3% in the 3rd quarter. Capital International Investors now owns 2,228,275 shares of the company’s stock worth $208,812,000 after acquiring an additional 491,165 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Arcosa by 17.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,993,241 shares of the company’s stock valued at $153,719,000 after purchasing an additional 290,523 shares during the last quarter. Royce & Associates LP grew its position in Arcosa by 0.4% in the 3rd quarter. Royce & Associates LP now owns 1,267,091 shares of the company’s stock worth $118,739,000 after purchasing an additional 4,652 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC bought a new stake in shares of Arcosa during the second quarter valued at approximately $93,040,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

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.