AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) – Equities researchers at Jefferies Group decreased their FY2018 EPS estimates for shares of AMEC Foster Wheeler plc American Depositary Shares in a research report issued to clients and investors on Wednesday. Jefferies Group analyst M. Wilson now anticipates that the company will post earnings of $0.46 per share for the year, down from their previous estimate of $0.47. Jefferies Group also issued estimates for AMEC Foster Wheeler plc American Depositary Shares’ FY2019 earnings at $0.52 EPS and FY2020 earnings at $0.56 EPS.

A number of other analysts have also issued reports on AMFW. Zacks Investment Research raised AMEC Foster Wheeler plc American Depositary Shares from a “sell” rating to a “hold” rating in a report on Tuesday, May 23rd. Macquarie raised AMEC Foster Wheeler plc American Depositary Shares from a “neutral” rating to an “outperform” rating in a report on Wednesday, May 24th. Numis Securities Ltd raised AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “buy” rating in a report on Tuesday, July 4th. Finally, BidaskClub raised AMEC Foster Wheeler plc American Depositary Shares from a “strong sell” rating to a “sell” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. AMEC Foster Wheeler plc American Depositary Shares currently has a consensus rating of “Hold”.

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Shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) traded up 1.00% during mid-day trading on Thursday, reaching $6.09. 19,668 shares of the company traded hands. The company’s market capitalization is $2.33 billion. The firm’s 50 day moving average price is $5.59 and its 200-day moving average price is $6.20. AMEC Foster Wheeler plc American Depositary Shares has a 52-week low of $4.96 and a 52-week high of $7.82.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Comerica Bank acquired a new stake in AMEC Foster Wheeler plc American Depositary Shares in the 2nd quarter valued at approximately $118,000. World Asset Management Inc acquired a new stake in AMEC Foster Wheeler plc American Depositary Shares in the 2nd quarter valued at approximately $138,000. Capstone Asset Management Co. grew its holdings in AMEC Foster Wheeler plc American Depositary Shares by 19.2% in the 1st quarter. Capstone Asset Management Co. now owns 43,260 shares of the company’s stock valued at $285,000 after buying an additional 6,970 shares during the last quarter. Northern Trust Corp grew its holdings in AMEC Foster Wheeler plc American Depositary Shares by 8.6% in the 2nd quarter. Northern Trust Corp now owns 192,085 shares of the company’s stock valued at $1,156,000 after buying an additional 15,143 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in AMEC Foster Wheeler plc American Depositary Shares by 74.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 289,649 shares of the company’s stock valued at $1,908,000 after buying an additional 123,332 shares during the last quarter.

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