Press coverage about Aecom (NYSE:ACM) has been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aecom earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 45.8946722989418 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research analysts have recently weighed in on ACM shares. Citigroup restated a “buy” rating and set a $4.00 target price (down from $40.00) on shares of Aecom in a report on Friday, October 27th. UBS restated a “buy” rating and set a $4.00 target price (down from $40.00) on shares of Aecom in a report on Tuesday, November 14th. KeyCorp restated a “buy” rating and set a $40.00 target price on shares of Aecom in a report on Friday, August 25th. Argus boosted their target price on Aecom from $37.00 to $43.00 and gave the stock a “buy” rating in a report on Monday, November 27th. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded Aecom from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $31.00.
Shares of Aecom (ACM) traded up $0.48 during trading on Friday, hitting $38.57. The stock had a trading volume of 651,793 shares, compared to its average volume of 1,274,264. Aecom has a fifty-two week low of $30.15 and a fifty-two week high of $40.72. The firm has a market cap of $6,079.56, a PE ratio of 13.12, a P/E/G ratio of 2.07 and a beta of 1.73. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.88.
Aecom (NYSE:ACM) last released its quarterly earnings data on Monday, November 13th. The construction company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. Aecom had a return on equity of 12.12% and a net margin of 1.86%. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.63 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. research analysts forecast that Aecom will post 2.66 earnings per share for the current fiscal year.
Aecom declared that its board has approved a share repurchase plan on Thursday, September 21st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 18.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.
In related news, CEO Michael S. Burke sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $37.00, for a total value of $1,110,000.00. Following the transaction, the chief executive officer now directly owns 154,362 shares in the company, valued at $5,711,394. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael S. Burke sold 56,800 shares of the company’s stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $36.86, for a total value of $2,093,648.00. The disclosure for this sale can be found here. Corporate insiders own 0.73% of the company’s stock.
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Aecom Company Profile
AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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