Equities analysts expect Aecom (NYSE:ACM) to report earnings of $0.65 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Aecom’s earnings. The highest EPS estimate is $0.68 and the lowest is $0.62. Aecom reported earnings of $0.89 per share during the same quarter last year, which indicates a negative year over year growth rate of 27%. The firm is scheduled to report its next quarterly earnings results on Tuesday, May 8th.
According to Zacks, analysts expect that Aecom will report full-year earnings of $2.69 per share for the current fiscal year, with EPS estimates ranging from $2.59 to $2.73. For the next year, analysts expect that the firm will post earnings of $3.00 per share, with EPS estimates ranging from $2.87 to $3.14. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Aecom.
Aecom (NYSE:ACM) last released its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. Aecom had a net margin of 2.15% and a return on equity of 11.74%. The business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the previous year, the business earned $0.53 EPS. Aecom’s quarterly revenue was up 12.7% compared to the same quarter last year.
Shares of Aecom (ACM) traded up $0.27 on Thursday, reaching $36.66. 1,762,072 shares of the company traded hands, compared to its average volume of 954,402. Aecom has a 12-month low of $30.15 and a 12-month 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 company has a market cap of $5,835.14, a P/E ratio of 14.49, a PEG ratio of 2.45 and a beta of 1.72.
In other Aecom news, insider Lara Poloni sold 4,976 shares of the stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $36.70, for a total value of $182,619.20. Following the completion of the sale, the insider now owns 3,895 shares in the company, valued at $142,946.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Daniel R. Tishman sold 15,000 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $37.00, for a total transaction of $555,000.00. Following the completion of the sale, the insider now owns 114,095 shares of the company’s stock, valued at approximately $4,221,515. The disclosure for this sale can be found here. Insiders have sold 53,072 shares of company stock valued at $1,997,651 in the last 90 days. 0.74% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently made changes to their positions in ACM. Aperio Group LLC lifted its stake in Aecom by 15.7% in the third quarter. Aperio Group LLC now owns 47,878 shares of the construction company’s stock valued at $1,762,000 after acquiring an additional 6,490 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Aecom by 37.2% during the 3rd quarter. Victory Capital Management Inc. now owns 36,114 shares of the construction company’s stock worth $1,329,000 after buying an additional 9,801 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of Aecom by 100.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 93,300 shares of the construction company’s stock worth $3,434,000 after buying an additional 46,800 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Aecom by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 666,329 shares of the construction company’s stock worth $24,528,000 after buying an additional 8,194 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Aecom by 6.6% during the 3rd quarter. Sei Investments Co. now owns 261,827 shares of the construction company’s stock worth $9,638,000 after buying an additional 16,272 shares during the last quarter. Hedge funds and other institutional investors own 83.99% of the company’s stock.
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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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