Wall Street analysts expect Aecom (NYSE:ACM) to announce $4.63 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Aecom’s earnings, with estimates ranging from $4.56 billion to $4.68 billion. Aecom posted sales of $4.32 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 7.2%. The firm is expected to issue its next quarterly earnings results on Monday, November 13th.

According to Zacks, analysts expect that Aecom will report full year sales of $4.63 billion for the current financial year, with estimates ranging from $17.70 billion to $18.02 billion. For the next financial year, analysts expect that the business will post sales of $19.16 billion per share, with estimates ranging from $18.73 billion to $19.77 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Aecom.

Aecom (NYSE:ACM) last issued its quarterly earnings results on Tuesday, August 8th. The construction company reported $0.78 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.78. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.54 billion. Aecom had a return on equity of 11.21% and a net margin of 2.98%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 EPS.

A number of brokerages recently commented on ACM. Canaccord Genuity restated a “hold” rating and issued a $36.00 price objective on shares of Aecom in a research report on Tuesday, August 8th. Zacks Investment Research downgraded shares of Aecom from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Deutsche Bank AG restated a “hold” rating and issued a $38.00 price objective (down previously from $41.00) on shares of Aecom in a research report on Saturday, April 22nd. Credit Suisse Group restated a “hold” rating and issued a $37.00 price objective on shares of Aecom in a research report on Thursday. Finally, Robert W. Baird downgraded shares of Aecom from an “outperform” rating to a “neutral” rating and set a $4.00 price objective for the company. in a research report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $35.10.

Shares of Aecom (NYSE ACM) traded up 0.821% during trading on Monday, hitting $32.525. The stock had a trading volume of 586,862 shares. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 19.917 and a beta of 1.75. The stock’s 50-day moving average is $32.24 and its 200-day moving average is $34.15. Aecom has a 12-month low of $26.46 and a 12-month high of $40.72.

Several large investors have recently bought and sold shares of ACM. Nomura Asset Management Co. Ltd. increased its stake in 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 during the last quarter. Webster Bank N. A. increased its stake in Aecom by 39.8% in the first quarter. Webster Bank N. A. now owns 4,110 shares of the construction company’s stock worth $146,000 after buying an additional 1,170 shares during the last quarter. Financial Architects Inc increased its stake in Aecom by 1.0% in the second quarter. Financial Architects Inc now owns 4,632 shares of the construction company’s stock worth $150,000 after buying an additional 48 shares during the last quarter. Global X Management Co. LLC increased its stake in Aecom by 220.7% in the second quarter. Global X Management Co. LLC now owns 4,923 shares of the construction company’s stock worth $159,000 after buying an additional 3,388 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Aecom by 12.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,359 shares of the construction company’s stock worth $173,000 after buying an additional 576 shares during the last quarter. Institutional investors own 82.55% of the company’s stock.

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About Aecom

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.

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Earnings History and Estimates for Aecom (NYSE:ACM)

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