AECOM (NYSE:ACM) Given Consensus Recommendation of “Buy” by Analysts

Shares of AECOM (NYSE:ACM) have been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $120.38.

ACM has been the subject of a number of recent analyst reports. KeyCorp reduced their price target on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Citigroup reduced their target price on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Barclays upped their target price on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Robert W. Baird dropped their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a research report on Tuesday, February 4th.

AECOM Stock Down 2.2 %

Shares of NYSE ACM opened at $92.48 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The company has a market cap of $12.27 billion, a P/E ratio of 26.27, a P/E/G ratio of 1.63 and a beta of 1.22. AECOM has a 52 week low of $82.23 and a 52 week high of $118.56. The business has a 50-day simple moving average of $100.34 and a two-hundred day simple moving average of $105.12.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Research analysts anticipate that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.12%. AECOM’s dividend payout ratio is 29.55%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Securities Inc. boosted its stake in shares of AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Allworth Financial LP boosted its position in AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock valued at $29,000 after buying an additional 207 shares during the period. Private Trust Co. NA bought a new position in shares of AECOM during the third quarter valued at about $30,000. National Pension Service purchased a new position in shares of AECOM in the fourth quarter worth about $32,000. Finally, True Wealth Design LLC lifted its stake in shares of AECOM by 4,242.9% in the 3rd quarter. True Wealth Design LLC now owns 304 shares of the construction company’s stock valued at $31,000 after acquiring an additional 297 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors.

About AECOM

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.