AECOM (ACM) to Release Quarterly Earnings on Monday

AECOM (NYSE:ACM) is scheduled to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $1.04 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

AECOM (NYSE:ACM) last announced its earnings results on Tuesday, February 6th. The construction company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.13. The business had revenue of $3.90 billion during the quarter. AECOM had a net margin of 0.42% and a return on equity of 21.45%. During the same period in the prior year, the company posted $0.86 earnings per share. On average, analysts expect AECOM to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

AECOM Stock Performance

ACM opened at $94.72 on Friday. The firm has a market cap of $12.88 billion, a P/E ratio of 210.49, a PEG ratio of 1.39 and a beta of 1.23. AECOM has a 1-year low of $74.40 and a 1-year high of $98.72. The company has a 50 day simple moving average of $93.69 and a two-hundred day simple moving average of $89.43. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.05 and a quick ratio of 1.05.

AECOM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Wednesday, April 24th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.93%. AECOM’s dividend payout ratio is 195.56%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Citigroup increased their target price on shares of AECOM from $107.00 to $116.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Truist Financial began coverage on shares of AECOM in a report on Thursday, March 14th. They issued a “buy” rating and a $106.00 price target on the stock. TheStreet upgraded shares of AECOM from a “c+” rating to a “b” rating in a report on Monday, February 5th. Royal Bank of Canada restated an “outperform” rating and issued a $109.00 price target on shares of AECOM in a report on Wednesday, February 7th. Finally, KeyCorp lifted their target price on shares of AECOM from $104.00 to $105.00 and gave the stock an “overweight” rating in a research note on Friday, April 19th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM presently has an average rating of “Buy” and a consensus price target of $105.43.

AECOM Company Profile

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.