Citigroup Issues Positive Forecast for AECOM (NYSE:ACM) Stock Price

AECOM (NYSE:ACM) had its price target boosted by Citigroup from $150.00 to $152.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. Citigroup’s price objective indicates a potential upside of 29.87% from the stock’s previous close.

A number of other brokerages have also weighed in on ACM. Robert W. Baird reduced their price objective on shares of AECOM from $144.00 to $143.00 and set an “outperform” rating on the stock in a report on Wednesday. National Bank Financial started coverage on AECOM in a report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 price target for the company. KeyCorp increased their price objective on AECOM from $131.00 to $144.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Truist Financial increased their target price on shares of AECOM from $128.00 to $146.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AECOM in a research note on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $140.90.

AECOM Trading Down 7.9%

Shares of AECOM stock traded down $10.10 on Wednesday, reaching $117.04. The company had a trading volume of 840,653 shares, compared to its average volume of 963,852. The firm has a market cap of $15.50 billion, a PE ratio of 25.54, a PEG ratio of 1.96 and a beta of 1.06. AECOM has a 52-week low of $85.00 and a 52-week high of $135.52. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The firm’s 50 day moving average price is $130.92 and its two-hundred day moving average price is $120.10.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.34 by $0.02. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The business had revenue of $4.18 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the firm posted $1.27 earnings per share. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Sell-side analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On AECOM

Institutional investors have recently modified their holdings of the company. Westend Capital Management LLC purchased a new position in AECOM in the 3rd quarter valued at approximately $26,000. Atlantic Union Bankshares Corp acquired a new stake in AECOM in the third quarter valued at $26,000. Ameriflex Group Inc. increased its position in shares of AECOM by 100.0% in the third quarter. Ameriflex Group Inc. now owns 294 shares of the construction company’s stock valued at $38,000 after buying an additional 147 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of AECOM by 189.3% in the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after purchasing an additional 195 shares during the last quarter. Finally, MAI Capital Management purchased a new stake in AECOM during the 1st quarter worth about $28,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

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.