Equities research analysts predict that Aecom (NYSE:ACM) will post earnings of $0.67 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Aecom’s earnings, with estimates ranging from $0.58 to $0.74. Aecom posted earnings of $0.78 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 14.1%. The firm is scheduled to announce its next earnings report on Tuesday, August 14th.
According to Zacks, analysts expect that Aecom will report full year earnings of $2.71 per share for the current year, with EPS estimates ranging from $2.63 to $2.76. For the next financial year, analysts forecast that the company will report earnings of $2.99 per share, with EPS estimates ranging from $2.91 to $3.06. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Aecom.
Aecom (NYSE:ACM) last issued its quarterly earnings data on Tuesday, May 8th. The construction company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. The firm had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.82 billion. Aecom had a net margin of 0.95% and a return on equity of 10.60%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 EPS.
In related news, insider Chuan-Sheng Chiao sold 1,700 shares of the company’s stock in a transaction on Friday, June 1st. The shares were sold at an average price of $33.31, for a total value of $56,627.00. Following the sale, the insider now directly owns 39,816 shares of the company’s stock, valued at $1,326,270.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.74% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Ladenburg Thalmann Financial Services Inc. increased its stake in Aecom by 170.5% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,391 shares of the construction company’s stock valued at $201,000 after purchasing an additional 3,398 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in Aecom during the fourth quarter valued at $205,000. Virtu Financial LLC bought a new stake in Aecom during the fourth quarter valued at $213,000. Princeton Capital Management LLC bought a new stake in Aecom during the fourth quarter valued at $220,000. Finally, Alps Advisors Inc. bought a new stake in Aecom during the fourth quarter valued at $239,000. 85.54% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE:ACM traded down $0.27 during trading hours on Friday, reaching $33.63. The stock had a trading volume of 986,697 shares, compared to its average volume of 895,530. Aecom has a 1 year low of $30.15 and a 1 year high of $39.90. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.89. The company has a market cap of $5.52 billion, a PE ratio of 11.44, a P/E/G ratio of 2.28 and a beta of 1.65.
Aecom Company Profile
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.
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