AECOM (NYSE:ACM) Receives $105.43 Average Target Price from Brokerages

Shares of AECOM (NYSE:ACM) have been assigned an average recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $107.43.

Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on AECOM from $107.00 to $116.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Truist Financial reaffirmed a “buy” rating and issued a $113.00 price target (up previously from $106.00) on shares of AECOM in a research note on Wednesday. Barclays increased their price objective on shares of AECOM from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. KeyCorp boosted their price objective on shares of AECOM from $104.00 to $105.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. Finally, Robert W. Baird increased their target price on AECOM from $104.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday.

AECOM Stock Down 0.9 %

Shares of NYSE:ACM opened at $92.27 on Friday. The company has a 50 day moving average price of $93.96 and a two-hundred day moving average price of $89.79. The company has a market capitalization of $12.55 billion, a PE ratio of 205.05, a PEG ratio of 1.41 and a beta of 1.23. AECOM has a 52 week low of $74.40 and a 52 week high of $98.72. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.05 and a current ratio of 1.05.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.01). The firm had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. AECOM had a net margin of 0.42% and a return on equity of 21.45%. AECOM’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 EPS. Analysts forecast that AECOM will post 4.43 earnings per share for the current 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 $0.22 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.88 annualized dividend and a yield of 0.95%. AECOM’s payout ratio is currently 195.56%.

Hedge Funds Weigh In On AECOM

Several hedge funds have recently modified their holdings of the stock. Ables Iannone Moore & Associates Inc. bought a new stake in AECOM during the fourth quarter worth about $28,000. Creekmur Asset Management LLC bought a new stake in shares of AECOM during the 4th quarter worth approximately $28,000. Rise Advisors LLC acquired a new stake in shares of AECOM in the 1st quarter valued at approximately $31,000. GAMMA Investing LLC bought a new position in shares of AECOM in the fourth quarter valued at $35,000. Finally, Manchester Capital Management LLC acquired a new position in AECOM during the third quarter worth $38,000. Institutional investors 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.