Aecom (NYSE:ACM) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 830 call options on the stock. This is an increase of approximately 992% compared to the typical volume of 76 call options.
A number of research firms have recently weighed in on ACM. Barclays began coverage on Aecom in a research note on Tuesday, December 12th. They issued an “underweight” rating and a $34.00 target price for the company. Canaccord Genuity reissued a “hold” rating and issued a $36.00 target price on shares of Aecom in a research note on Tuesday, November 14th. Argus boosted their target price on Aecom from $37.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, November 27th. They noted that the move was a valuation call. UBS Group reissued a “buy” rating and issued a $4.00 target price (down previously from $40.00) on shares of Aecom in a research note on Tuesday, November 14th. Finally, Zacks Investment Research raised Aecom from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $36.40.
In other Aecom news, Director Rob J. Routs sold 6,468 shares of Aecom stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $37.12, for a total transaction of $240,092.16. Following the completion of the sale, the director now owns 18,904 shares of the company’s stock, valued at $701,716.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Vice Chairman Daniel R. Tishman sold 15,000 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $38.26, for a total value of $573,900.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 63,096 shares of company stock valued at $2,388,932. Corporate insiders own 0.74% of the company’s stock.
Shares of Aecom (NYSE:ACM) opened at $36.40 on Wednesday. Aecom has a 52 week low of $30.15 and a 52 week high of $39.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $5,790.57, a PE ratio of 14.39, a PEG ratio of 2.43 and a beta of 1.72.
Aecom (NYSE:ACM) last announced its quarterly earnings results on Tuesday, February 6th. The construction company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. Aecom had a return on equity of 11.74% and a net margin of 2.15%. The company had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the previous year, the business earned $0.53 EPS. Aecom’s revenue was up 12.7% compared to the same quarter last year. analysts expect that Aecom will post 2.69 earnings per share for the current year.
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Aecom Company Profile
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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