AECOM (NYSE:ACM – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.
A number of other equities research analysts have also commented on the company. Barclays dropped their target price on AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 12th. Bank of America reduced their price target on shares of AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Citigroup reduced their price target on shares of AECOM from $84.00 to $79.00 and set a “buy” rating for the company in a research report on Friday, October 23rd. KeyCorp decreased their price objective on shares of AECOM from $79.00 to $78.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Finally, Truist Financial dropped their price objective on shares of AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Eight equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AECOM presently has an average rating of “Moderate Buy” and an average price target of $80.73.
Get Our Latest Research Report on ACM
AECOM Stock Performance
AECOM stock opened at $61.52 on Monday. The business’s 50-day simple moving average is $62.16 and its two-hundred day simple moving average is $76.83. The company has a market cap of $7.92 billion, a PE ratio of 28.22 and a beta of 0.93. AECOM has a fifty-two week low of $56.39 and a fifty-two week high of $135.52.
AECOM (NYSE:ACM – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($1.96). The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the firm posted $1.34 EPS. The firm’s revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, analysts predict that AECOM will post 3.98 EPS for the current fiscal year.
Hedge Funds Weigh In On AECOM
Large investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC purchased a new position in AECOM during the first quarter valued at $36,000. Compass Financial Management LLC purchased a new stake in shares of AECOM during the second quarter worth about $36,000. Root Financial Partners LLC increased its stake in shares of AECOM by 118.3% during the first quarter. Root Financial Partners LLC now owns 631 shares of the construction company’s stock worth $54,000 after purchasing an additional 342 shares in the last quarter. SJS Investment Consulting Inc. raised its position in shares of AECOM by 199.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 649 shares of the construction company’s stock worth $55,000 after purchasing an additional 432 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of AECOM by 321.0% during the 3rd quarter. Signaturefd LLC now owns 703 shares of the construction company’s stock worth $41,000 after purchasing an additional 536 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.
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.
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