AECOM (ACM) Expected to Announce Earnings on Monday

AECOM (NYSE:ACM) is expected to 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.Investors interested in listening 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. AECOM had a net margin of 2.50% and a return on equity of 25.46%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the business earned $1.01 EPS. The company’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

Shares of ACM stock opened at $109.20 on Monday. The firm has a market capitalization of $14.48 billion, a price-to-earnings ratio of 36.89, a PEG ratio of 1.89 and a beta of 1.19. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. 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’s 50-day simple moving average is $110.43 and its 200-day simple moving average is $103.38.

AECOM Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, January 2nd. This is a boost from AECOM’s previous quarterly dividend of $0.22. AECOM’s dividend payout ratio (DPR) is 35.14%.

AECOM announced that its board has approved a stock buyback 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 reacquire up to 6.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Transactions at AECOM

In related news, CFO Gaurav Kapoor sold 42,400 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the completion of the sale, the chief financial officer now 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

ACM has been the subject of several analyst reports. KeyCorp decreased their target price on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. StockNews.com raised shares of AECOM from a “hold” rating to a “buy” rating in a research note on Sunday, October 27th. Robert W. Baird lifted their price target on AECOM from $113.00 to $122.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Truist Financial increased their price target on AECOM from $119.00 to $129.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, The Goldman Sachs Group started coverage on AECOM in a report on Friday, November 22nd. They issued a “buy” rating and a $130.00 price objective on the stock. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $119.25.

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.