AECOM (ACM) Set to Announce Quarterly Earnings on Monday

AECOM (NYSE:ACM) is scheduled to announce its earnings results after the market closes on Monday, November 18th. Analysts expect the company to announce earnings of $1.22 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

AECOM Price Performance

Shares of AECOM stock opened at $106.93 on Friday. AECOM has a one year low of $82.23 and a one year high of $115.74. The stock’s fifty day moving average is $104.62 and its 200 day moving average is $95.61. The stock has a market cap of $14.34 billion, a P/E ratio of 57.49, a P/E/G ratio of 1.69 and a beta of 1.17. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.13.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, October 2nd were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, October 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.82%. AECOM’s payout ratio is 47.31%.

Insider Activity at AECOM

In related news, CFO Gaurav Kapoor sold 42,400 shares of the firm’s 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 trade represents a 57.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ACM shares. Royal Bank of Canada lifted their price objective on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Robert W. Baird increased their price target on shares of AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Barclays upped their price objective on shares of AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. StockNews.com upgraded shares of AECOM from a “hold” rating to a “buy” rating in a report on Sunday, October 27th. Finally, KeyCorp upped their target price on shares of AECOM from $115.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $113.29.

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.