AECOM (NYSE:ACM – Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $5.00-5.20 for the period, compared to the consensus earnings per share estimate of $4.97. AECOM also updated its FY 2025 guidance to 5.000-5.200 EPS.
Analyst Upgrades and Downgrades
Several analysts have weighed in on ACM shares. StockNews.com raised AECOM from a “hold” rating to a “buy” rating in a report on Sunday, October 27th. Truist Financial increased their price objective on shares of AECOM from $108.00 to $119.00 and gave the company a “buy” rating in a report on Friday, October 4th. Barclays lifted their target price on shares of AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. KeyCorp raised their price target on AECOM from $115.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada lifted their price objective on AECOM from $112.00 to $113.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM has an average rating of “Buy” and an average price target of $116.43.
View Our Latest Stock Analysis on ACM
AECOM Trading Up 0.6 %
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings data on Monday, November 18th. The construction company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.86 billion. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $1.01 earnings per share. Sell-side analysts anticipate that AECOM will post 4.47 earnings per share for the current fiscal year.
AECOM Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be paid a $0.26 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.95%. This is a positive change from AECOM’s previous quarterly dividend of $0.22. AECOM’s dividend payout ratio is 29.73%.
AECOM announced that its Board of Directors has initiated a share buyback plan on Monday, November 18th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the construction company to reacquire up to 6.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.
Insiders Place Their Bets
In other news, CFO Gaurav Kapoor sold 42,400 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the completion of the sale, the chief financial officer now owns 31,228 shares of the company’s stock, valued at approximately $3,601,837.52. This represents a 57.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.42% 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.
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