AECOM (ACM) Expected to Announce Earnings on Monday

AECOM (NYSE:ACM) is anticipated to announce its earnings results after the market closes on Monday, February 3rd. Analysts expect the company to announce earnings of $1.10 per share and revenue of $4.11 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.Individual interested in registering for the company’s earnings conference call can do so using this link.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, November 18th. The construction company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.03. AECOM had a return on equity of 25.46% and a net margin of 2.50%. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the business posted $1.01 earnings per share. The firm’s revenue 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 Price Performance

NYSE ACM opened at $105.57 on Friday. The stock has a 50-day simple moving average of $109.85 and a 200 day simple moving average of $103.81. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The stock has a market capitalization of $14.00 billion, a PE ratio of 35.67, a P/E/G ratio of 1.79 and a beta of 1.19. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.13 and a current ratio of 1.13.

AECOM announced that its Board of Directors has initiated a stock repurchase program on Monday, November 18th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 6.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is 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 issued a dividend of $0.26 per share. 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.99%. AECOM’s payout ratio is 35.14%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ACM. Robert W. Baird upped their target price on shares of AECOM from $113.00 to $122.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Truist Financial boosted their price target on AECOM from $119.00 to $129.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. StockNews.com upgraded AECOM from a “hold” rating to a “buy” rating in a research report on Sunday, October 27th. Citigroup cut their target price on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, KeyCorp decreased their price target on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM presently has a consensus rating of “Buy” and a consensus target price of $119.13.

Insider Buying and Selling

In other AECOM news, CFO Gaurav Kapoor sold 42,400 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the completion of the transaction, the chief financial officer now owns 31,228 shares in the company, valued at approximately $3,601,837.52. This represents a 57.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.41% of the stock is owned by company insiders.

About AECOM

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.