AECOM (ACM) Expected to Release Earnings on Monday

AECOM (NYSE:ACM) will likely be posting its quarterly earnings results after the market closes on Monday, February 3rd. Analysts expect AECOM to post earnings of $1.10 per share and revenue of $4,110,910.97 billion for the quarter. AECOM has set its FY25 guidance at $5.00-5.20 EPS and its FY 2025 guidance at 5.000-5.200 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, November 18th. The construction company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.24 by $0.03. AECOM had a net margin of 2.50% and a return on equity of 25.46%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the company earned $1.01 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts expect AECOM to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

AECOM Trading Up 0.8 %

ACM opened at $109.20 on Monday. The business’s 50 day moving average price is $110.43 and its 200 day moving average price is $103.38. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $14.48 billion, a PE ratio of 36.89, a P/E/G ratio of 1.89 and a beta of 1.19. AECOM has a one year low of $82.23 and a one year high of $118.56.

AECOM announced that its Board of Directors has initiated a stock repurchase plan on Monday, November 18th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to purchase up to 6.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

AECOM Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Thursday, January 2nd. This is a positive change from AECOM’s previous quarterly dividend of $0.22. AECOM’s dividend payout ratio is 35.14%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ACM. The Goldman Sachs Group initiated coverage on shares of AECOM in a research report on Friday, November 22nd. They set a “buy” rating and a $130.00 price target for the company. StockNews.com upgraded shares of AECOM from a “hold” rating to a “buy” rating in a report on Sunday, October 27th. Robert W. Baird upped their price target on AECOM from $113.00 to $122.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 19th. KeyCorp lowered their price target on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, Citigroup boosted their price objective on AECOM from $110.00 to $128.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $119.25.

Insider Buying and Selling

In other AECOM news, CFO Gaurav Kapoor sold 42,400 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total value of $4,890,416.00. Following the sale, the chief financial officer now directly owns 31,228 shares of the company’s stock, valued at approximately $3,601,837.52. This represents a 57.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.42% of the stock is currently owned by insiders.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.