1 week Ago By ABMN Staff
AECOM ( NYSE:ACM – Get Free Report ) has been given a consensus rating of “Buy” by the seven analysts that are presently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $105.
00. A number of equities research analysts have recently commented on the company. KeyCorp raised their target price on AECOM from $94.
00 to $99.00 and gave the company an “overweight” rating in a research report on Wednesday, August 7th. Royal Bank of Canada boosted their price objective on AECOM from $112.
00 to $113.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Robert W.
Baird upped their target price on AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th.
Barclays lifted their price target on shares of AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th.
Finally, UBS Group upped their price objective on shares of AECOM from $105.00 to $106.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd.
View Our Latest Analysis on ACM AECOM Trading Down 1.6 % AECOM ( NYSE:ACM – Get Free Report ) last posted its earnings results on Monday, August 5th. The construction company reported $1.
16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.04.
The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $1.85 billion.
AECOM had a net margin of 1.61% and a return on equity of 24.14%.
The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.
94 EPS. As a group, analysts forecast that AECOM will post 4.46 EPS for the current year.
Hedge Funds Weigh In On AECOM Hedge funds and other institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC acquired a new stake in AECOM in the 4th quarter valued at about $1,640,000. Kestra Private Wealth Services LLC acquired a new stake in shares of AECOM in the fourth quarter valued at approximately $309,000.
M&T Bank Corp lifted its position in AECOM by 7.6% during the fourth quarter. M&T Bank Corp now owns 7,779 shares of the construction company’s stock worth $719,000 after buying an additional 551 shares in the last quarter.
Metis Global Partners LLC acquired a new position in AECOM during the fourth quarter worth $977,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in AECOM by 2.
6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 886,328 shares of the construction company’s stock valued at $81,923,000 after buying an additional 22,596 shares in the last quarter.
85.41% of the stock is owned by hedge funds and other institutional investors. About AECOM ( Get Free Report 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. Featured Stories Receive News & Ratings for AECOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AECOM and related companies with MarketBeat.
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