Citigroup Issues Pessimistic Forecast for AECOM (NYSE:ACM) Stock Price

AECOM (NYSE:ACM) had its target price lowered by research analysts at Citigroup from $84.00 to $79.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. Citigroup‘s target price would suggest a potential upside of 30.55% from the company’s previous close.

Several other brokerages also recently weighed in on ACM. Argus lowered their price target on shares of AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, August 25th. Weiss Ratings downgraded shares of AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Wall Street Zen cut shares of AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Robert W. Baird dropped their target price on shares of AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Finally, Zacks Research lowered AECOM from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $80.73.

AECOM Stock Performance

Shares of AECOM stock traded down $0.32 during trading hours on Friday, reaching $60.52. 465,458 shares of the stock traded hands, compared to its average volume of 1,742,919. The company has a 50 day moving average price of $62.35 and a 200 day moving average price of $69.73. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 27.81, a P/E/G ratio of 1.10 and a beta of 0.93. AECOM has a one year low of $56.39 and a one year high of $135.52. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11.

AECOM (NYSE:ACM) last announced its earnings results on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). The business had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. AECOM had a net margin of 1.87% and a return on equity of 19.72%. The firm’s quarterly revenue was down 14.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, equities research analysts expect that AECOM will post 3.98 earnings per share for the current fiscal year.

Institutional Trading of AECOM

Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its position in AECOM by 95.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after acquiring an additional 144 shares in the last quarter. Inceptionr LLC raised its position in shares of AECOM by 0.8% in the 1st quarter. Inceptionr LLC now owns 19,252 shares of the construction company’s stock worth $1,627,000 after acquiring an additional 156 shares in the last quarter. Brookstone Capital Management raised its position in shares of AECOM by 3.6% in the 3rd quarter. Brookstone Capital Management now owns 4,955 shares of the construction company’s stock worth $292,000 after acquiring an additional 170 shares in the last quarter. Allworth Financial LP lifted its stake in shares of AECOM by 9.8% during the 2nd quarter. Allworth Financial LP now owns 2,078 shares of the construction company’s stock worth $145,000 after purchasing an additional 186 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of AECOM by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 6,562 shares of the construction company’s stock worth $626,000 after purchasing an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Company Profile

AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.

The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.