Sidoti cut shares of Arcosa (NYSE:ACA) from a buy rating to a neutral rating in a research report released on Monday, Price Targets.com reports. Sidoti currently has $67.00 price objective on the stock, up from their previous price objective of $64.00.
A number of other analysts also recently issued reports on ACA. G.Research downgraded shares of Arcosa from a buy rating to a hold rating in a report on Thursday, November 19th. Zacks Investment Research raised shares of Arcosa from a sell rating to a hold rating in a research report on Wednesday, February 17th. CJS Securities cut shares of Arcosa from an outperform rating to a market perform rating in a research report on Tuesday, December 15th. Oppenheimer upped their price objective on shares of Arcosa from $52.00 to $60.00 and gave the stock an outperform rating in a research report on Wednesday, December 16th. They noted that the move was a valuation call. Finally, Gabelli cut shares of Arcosa from a buy rating to a hold rating in a research report on Thursday, November 19th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $55.33.
Shares of ACA opened at $64.40 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.44 and a current ratio of 2.37. Arcosa has a twelve month low of $28.14 and a twelve month high of $65.79. The firm’s 50 day moving average price is $61.47 and its two-hundred day moving average price is $52.11. The firm has a market cap of $3.11 billion, a P/E ratio of 26.72, a PEG ratio of 5.38 and a beta of 0.42.
Institutional investors have recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $26,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $80,000. Veriti Management LLC acquired a new stake in Arcosa during the 4th quarter valued at approximately $89,000. Centaurus Financial Inc. acquired a new stake in Arcosa during the 4th quarter valued at approximately $108,000. Finally, Point72 Hong Kong Ltd bought a new position in shares of Arcosa during the 3rd quarter worth approximately $116,000. 85.76% of the stock is owned by institutional investors.
Arcosa Company Profile
Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. It operates through three segments: Construction Products Group, Energy Equipment Group, and Transportation Products Group. The Construction Products Group segment offers natural and lightweight aggregates, trench shields, shoring products, and specialty milled or processed materials that are used in construction landscape, including commercial, industrial, road and bridge, and underground construction.
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