AECOM Technology Corp Director Unloads $653,184 in Stock (ACM)
AECOM Technology Corp (NYSE:ACM) Director Richard G. Newman unloaded 20,160 shares of AECOM Technology Corp stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $32.40, for a total value of $653,184.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
AECOM Technology Corp (NYSE:ACM) traded up 1.59% during mid-day trading on Thursday, hitting $33.22. The stock had a trading volume of 292,710 shares. AECOM Technology Corp has a one year low of $27.35 and a one year high of $35.24. The stock’s 50-day moving average is $32.18 and its 200-day moving average is $31.23. The company has a market cap of $3.297 billion and a price-to-earnings ratio of 13.21.
AECOM Technology Corp (NYSE:ACM) last announced its earnings results on Tuesday, May 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.06. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was down 5.9% on a year-over-year basis. On average, analysts predict that AECOM Technology Corp will post $2.50 earnings per share for the current fiscal year.
A number of research firms have recently commented on ACM. Analysts at Zacks reiterated a “neutral” rating on shares of AECOM Technology Corp in a research note on Wednesday, May 28th. They now have a $34.00 price target on the stock. Separately, analysts at Robert W. Baird reiterated a “neutral” rating on shares of AECOM Technology Corp in a research note on Thursday, May 22nd. They now have a $35.00 price target on the stock, down previously from $36.00. Finally, analysts at Citigroup Inc. reiterated an “equal weight” rating on shares of AECOM Technology Corp in a research note on Wednesday, May 7th. They now have a $35.00 price target on the stock, up previously from $32.00. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $33.93.
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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