Arcosa (ACA) to Release Quarterly Earnings on Thursday

Arcosa (NYSE:ACA) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $690.28 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Arcosa Stock Down 2.0 %

ACA stock opened at $98.53 on Thursday. Arcosa has a twelve month low of $72.75 and a twelve month high of $113.43. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $99.62 and its 200-day moving average is $96.45. The firm has a market capitalization of $4.81 billion, a PE ratio of 37.46 and a beta of 0.76.

Arcosa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.20%. Arcosa’s dividend payout ratio (DPR) is currently 7.60%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ACA shares. Oppenheimer raised their target price on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. Barclays assumed coverage on Arcosa in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $106.00 price target for the company.

About Arcosa

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.