Aecom (NYSE:ACM) has been assigned a consensus rating of “Buy” from the eleven analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $36.75.
Several research firms have recently weighed in on ACM. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Deutsche Bank reissued a “buy” rating and set a GBX 4,000 ($52.27) price objective on shares of in a research note on Tuesday, June 18th. Zacks Investment Research raised Green Brick Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. TheStreet lowered Tesla from a “c-” rating to a “d+” rating in a research note on Monday, April 29th. Finally, Credit Suisse Group lowered to a “neutral” rating and raised their price objective for the stock from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a research note on Tuesday, June 18th.
Shares of ACM stock traded up $0.01 during mid-day trading on Friday, hitting $36.51. 1,069,954 shares of the stock traded hands, compared to its average volume of 796,105. Aecom has a twelve month low of $24.83 and a twelve month high of $38.20. The stock has a market capitalization of $5.74 billion, a price-to-earnings ratio of 13.62 and a beta of 1.75. The stock’s 50-day simple moving average is $35.66. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.85.
Several institutional investors have recently modified their holdings of the company. Primecap Management Co. CA boosted its position in shares of Aecom by 0.8% in the first quarter. Primecap Management Co. CA now owns 21,695,534 shares of the construction company’s stock worth $643,706,000 after buying an additional 182,800 shares during the period. BlackRock Inc. boosted its position in shares of Aecom by 1.9% in the first quarter. BlackRock Inc. now owns 13,593,426 shares of the construction company’s stock worth $403,316,000 after buying an additional 254,349 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Aecom by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,798,549 shares of the construction company’s stock worth $127,160,000 after buying an additional 60,019 shares during the period. Geode Capital Management LLC boosted its position in shares of Aecom by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 1,631,090 shares of the construction company’s stock worth $43,223,000 after buying an additional 63,085 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Aecom by 77.1% in the fourth quarter. Millennium Management LLC now owns 723,681 shares of the construction company’s stock worth $19,178,000 after buying an additional 315,027 shares during the period. 86.75% of the stock is owned by institutional investors and hedge funds.
Aecom Company Profile
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.
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