AECOM (NYSE:ACM) has been given an average rating of “Hold” by the twelve ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $35.75.

ACM has been the topic of several research analyst reports. Argus lowered their price target on shares of AECOM from $43.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, June 2nd. UBS AG set a $38.00 price target on shares of AECOM and gave the company a “buy” rating in a report on Monday, June 26th. Credit Suisse Group reissued a “buy” rating and issued a $44.00 price target on shares of AECOM in a report on Thursday, June 29th. Zacks Investment Research raised shares of AECOM from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Tuesday, April 18th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $38.00 price target (down from $41.00) on shares of AECOM in a report on Saturday, April 22nd.

AECOM (ACM) traded down 1.22% during trading on Tuesday, hitting $32.42. The stock had a trading volume of 551,032 shares. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 22.83 and a beta of 1.75. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72. The stock has a 50 day moving average price of $32.56 and a 200 day moving average price of $35.16.

AECOM (NYSE:ACM) last released its quarterly earnings results on Tuesday, May 9th. The construction company reported $0.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.34. The firm had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.47 billion. AECOM had a net margin of 1.28% and a return on equity of 12.40%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 EPS. Equities research analysts forecast that AECOM will post $2.95 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First United Bank Trust boosted its position in shares of AECOM by 0.7% in the second quarter. First United Bank Trust now owns 6,770 shares of the construction company’s stock worth $219,000 after buying an additional 50 shares during the period. Bronfman E.L. Rothschild L.P. raised its stake in shares of AECOM by 1.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 7,239 shares of the construction company’s stock worth $258,000 after buying an additional 133 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of AECOM by 4.9% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,410 shares of the construction company’s stock worth $122,000 after buying an additional 160 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its stake in shares of AECOM by 0.9% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 26,766 shares of the construction company’s stock worth $953,000 after buying an additional 235 shares in the last quarter. Finally, World Asset Management Inc raised its stake in shares of AECOM by 2.6% in the first quarter. World Asset Management Inc now owns 10,764 shares of the construction company’s stock worth $383,000 after buying an additional 270 shares in the last quarter. 82.48% of the stock is currently owned by institutional investors and hedge funds.

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AECOM Company Profile

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

Analyst Recommendations for AECOM (NYSE:ACM)

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