AECOM (NYSE:ACM) updated its FY17 earnings guidance on Tuesday. The company provided EPS guidance of $2.80-3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.95.

A number of research firms have recently commented on ACM. Canaccord Genuity reiterated a hold rating and issued a $36.00 price objective on shares of AECOM in a report on Tuesday. Zacks Investment Research cut AECOM from a buy rating to a hold rating in a research report on Friday, April 21st. Deutsche Bank AG reissued a hold rating and issued a $38.00 target price (down from $41.00) on shares of AECOM in a research report on Saturday, April 22nd. Robert W. Baird cut AECOM from an outperform rating to a neutral rating and set a $4.00 target price for the company. in a research report on Tuesday, July 4th. Finally, Argus decreased their target price on AECOM from $43.00 to $33.00 and set a buy rating for the company in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. AECOM presently has an average rating of Hold and an average target price of $35.10.

Shares of AECOM (ACM) opened at 33.01 on Thursday. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72. The stock has a 50 day moving average price of $32.24 and a 200 day moving average price of $34.19. The firm has a market capitalization of $5.14 billion, a PE ratio of 23.25 and a beta of 1.75.

AECOM (NYSE:ACM) last released its earnings results on Tuesday, August 8th. The construction company reported $0.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.78. The firm had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.54 billion. AECOM had a return on equity of 12.44% and a net margin of 1.46%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 earnings per share. Analysts predict that AECOM will post $2.92 EPS for the current fiscal year.

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AECOM Company Profile

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.

Earnings History and Estimates for AECOM (NYSE:ACM)

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