AECOM (NYSE:ACM) Updates FY25 Earnings Guidance

AECOM (NYSE:ACM) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $5.00-5.20 for the period, compared to the consensus EPS estimate of $4.97. AECOM also updated its FY 2025 guidance to 5.000-5.200 EPS.

AECOM Price Performance

Shares of NYSE:ACM opened at $108.80 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.98. The company has a 50-day moving average price of $104.92 and a 200 day moving average price of $95.75. AECOM has a 52 week low of $82.23 and a 52 week high of $115.74. The company has a market cap of $14.59 billion, a P/E ratio of 36.76, a PEG ratio of 1.61 and a beta of 1.17.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, November 18th. The construction company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.03. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the prior year, the company posted $1.01 earnings per share. AECOM’s quarterly revenue was up 4.9% on a year-over-year basis. Research analysts predict that AECOM will post 4.47 earnings per share for the current year.

AECOM Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be issued a dividend of $0.26 per share. The ex-dividend date is Thursday, January 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.96%. This is an increase from AECOM’s previous quarterly dividend of $0.22. AECOM’s payout ratio is currently 29.73%.

AECOM declared that its Board of Directors has initiated a share buyback plan on Monday, November 18th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the construction company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ACM shares. StockNews.com upgraded AECOM from a “hold” rating to a “buy” rating in a report on Sunday, October 27th. Royal Bank of Canada upped their target price on AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Truist Financial lifted their price target on AECOM from $108.00 to $119.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Citigroup boosted their price objective on shares of AECOM from $110.00 to $128.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, Robert W. Baird raised their target price on shares of AECOM from $113.00 to $122.00 and gave the company an “outperform” rating in a report on Tuesday. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM has an average rating of “Buy” and a consensus price target of $116.43.

Insider Buying and Selling

In other news, CFO Gaurav Kapoor sold 42,400 shares of AECOM stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $115.34, for a total value of $4,890,416.00. Following the completion of the sale, the chief financial officer now owns 31,228 shares of the company’s stock, valued at $3,601,837.52. The trade was a 57.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

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.