AECOM (NYSE:ACM) Receives $120.38 Average PT from Analysts

Shares of AECOM (NYSE:ACM) have received an average rating of “Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $120.38.

Several research firms recently weighed in on ACM. Barclays boosted their target price on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup reduced their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. KeyCorp lowered their target price on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, Robert W. Baird cut their target price on shares of 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 0.1 %

AECOM stock opened at $94.54 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The firm’s fifty day simple moving average is $100.67 and its 200-day simple moving average is $105.06. The company has a market capitalization of $12.54 billion, a P/E ratio of 26.86, a P/E/G ratio of 1.63 and a beta of 1.22.

AECOM (NYSE:ACM) last posted its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. Sell-side analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ACM. Wellington Management Group LLP lifted its stake in shares of AECOM by 5.0% in the fourth quarter. Wellington Management Group LLP now owns 12,602 shares of the construction company’s stock valued at $1,346,000 after buying an additional 603 shares during the period. 111 Capital acquired a new position in AECOM in the 4th quarter valued at approximately $330,000. Wealth Enhancement Advisory Services LLC raised its holdings in AECOM by 27.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,825 shares of the construction company’s stock valued at $1,050,000 after acquiring an additional 2,104 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of AECOM in the 4th quarter worth approximately $4,589,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of AECOM during the 4th quarter worth approximately $16,957,000. Institutional investors own 85.41% of the company’s stock.

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.