Arcosa, Inc. (NYSE:ACA) Stock Has Consensus Price Target of $141.25

Arcosa, Inc. (NYSE:ACA) has received a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $141.25.

Several research firms recently commented on ACA. Oppenheimer lowered shares of Arcosa from an “outperform” rating to a “market perform” rating in a research note on Friday, June 26th. Citigroup downgraded Arcosa to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded Arcosa from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings upgraded Arcosa from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Finally, Texas Capital cut Arcosa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd.

Arcosa Stock Up 0.0%

Arcosa stock traded up $0.04 during trading hours on Friday, reaching $147.05. The stock had a trading volume of 403,361 shares, compared to its average volume of 680,783. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 2.21 and a beta of 1.08. The business’s 50 day moving average price is $145.87 and its 200-day moving average price is $135.54. Arcosa has a 52 week low of $90.90 and a 52 week high of $147.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.12 and a quick ratio of 2.31.

Arcosa (NYSE:ACA) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.05). Arcosa had a net margin of 17.90% and a return on equity of 7.90%. The firm had revenue of $658.70 million during the quarter, compared to the consensus estimate of $687.50 million. During the same quarter in the prior year, the business posted $1.27 earnings per share. The firm’s quarterly revenue was down 10.6% on a year-over-year basis. Sell-side analysts anticipate that Arcosa will post 4.16 EPS for the current year.

Arcosa Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be paid a $0.05 dividend. The ex-dividend date is Thursday, October 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.1%. Arcosa’s dividend payout ratio (DPR) is 2.00%.

Institutional Investors Weigh In On Arcosa

Several institutional investors have recently added to or reduced their stakes in ACA. State of Wyoming acquired a new stake in Arcosa in the first quarter worth about $30,000. GHP Investment Advisors Inc. acquired a new position in shares of Arcosa during the first quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Arcosa during the second quarter valued at about $53,000. Integrated Wealth Concepts LLC acquired a new position in shares of Arcosa during the second quarter valued at about $69,000. Finally, Fortitude Family Office LLC raised its position in shares of Arcosa by 1,648.6% in the 3rd quarter. Fortitude Family Office LLC now owns 647 shares of the company’s stock valued at $95,000 after purchasing an additional 610 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is an infrastructure products company that manufactures and sells products used in construction, utility and energy infrastructure, and transportation markets. The company serves contractors, utilities, infrastructure developers, original equipment manufacturers, and other industrial customers.

Arcosa’s Construction Products segment provides aggregates and specialty materials, concrete products, drainage and related infrastructure products, and other solutions used in commercial, residential, transportation, and industrial construction.