AECOM (NYSE:ACM) Downgraded by StockNews.com to “Hold”

StockNews.com cut shares of AECOM (NYSE:ACMGet Rating) from a buy rating to a hold rating in a report published on Thursday.

A number of other research firms also recently weighed in on ACM. Needham & Company LLC upped their target price on AECOM from $100.00 to $110.00 in a research report on Thursday, January 6th. Barclays upped their target price on AECOM from $82.00 to $85.00 and gave the company an overweight rating in a research report on Friday, December 17th. Finally, Argus boosted their price target on AECOM from $80.00 to $82.00 in a report on Tuesday, February 15th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of Buy and a consensus price target of $85.00.

ACM opened at $76.28 on Thursday. The business has a fifty day simple moving average of $74.83 and a 200 day simple moving average of $72.22. The company has a market capitalization of $10.78 billion, a PE ratio of 53.34, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.08 and a quick ratio of 1.08. AECOM has a 1 year low of $58.36 and a 1 year high of $79.97.

AECOM (NYSE:ACMGet Rating) last released its earnings results on Monday, February 7th. The construction company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.12. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.47 billion. AECOM had a return on equity of 16.26% and a net margin of 1.57%. The company’s revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.62 EPS. Equities analysts anticipate that AECOM will post 3.4 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 22nd. Stockholders of record on Wednesday, April 6th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, April 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.79%. AECOM’s dividend payout ratio (DPR) is currently 41.96%.

Institutional investors and hedge funds have recently modified their holdings of the business. Counterpoint Mutual Funds LLC acquired a new position in AECOM in the 4th quarter worth about $29,000. CWM LLC acquired a new position in AECOM in the 4th quarter worth about $37,000. CENTRAL TRUST Co acquired a new position in AECOM in the 4th quarter worth about $38,000. Quent Capital LLC acquired a new position in AECOM in the 4th quarter worth about $58,000. Finally, Ellevest Inc. bought a new stake in shares of AECOM in the 4th quarter valued at about $74,000. 86.41% of the stock is owned by institutional investors and hedge funds.

About AECOM (Get Rating)

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through 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 commercial and government clients.

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Analyst Recommendations for AECOM (NYSE:ACM)

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