AECOM Technology Corp. Director Unloads $597,920 in Stock (ACM)
AECOM Technology Corp. (NYSE:ACM) Director Richard Newman unloaded 20,200 shares of AECOM Technology Corp. stock on the open market in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $29.60, for a total transaction of $597,920.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on ACM shares. Analysts at TheStreet downgraded shares of AECOM Technology Corp. (NYSE:ACM) from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, August 14th. Separately, analysts at Barclays Capital raised their price target on shares of AECOM Technology Corp. (NYSE:ACM) from $28.00 to $30.00 in a research note to investors on Thursday, August 8th. Finally, analysts at UBS AG cut their price target on shares of AECOM Technology Corp. (NYSE:ACM) to $33.00 in a research note to investors on Wednesday, August 7th.
Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $31.25.
Shares of AECOM Technology Corp. (NYSE:ACM) traded up 0.40% during mid-day trading on Tuesday, hitting $30.38. 594,700 shares of the company’s stock traded hands. AECOM Technology Corp. has a one year low of $18.68 and a one year high of $35.24. The stock has a 50-day moving average of $30.45 and a 200-day moving average of $30.92. The company’s market cap is $3.062 billion.
AECOM Technology Corp. (NYSE:ACM) last released its earnings data on Tuesday, August 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.06. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts predict that AECOM Technology Corp. will post $2.37 earnings per share for the current fiscal year.
AECOM Technology Corporation (NYSE:ACM) is a provider of professional technical and management support services for commercial and government clients around the world.
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