AECOM (NYSE:ACM)‘s stock had its “hold” rating restated by investment analysts at Robert W. Baird in a research note issued to investors on Tuesday. They presently have a $36.00 price objective on the construction company’s stock. Robert W. Baird’s price objective would indicate a potential upside of 8.34% from the company’s current price.

A number of other equities analysts have also issued reports on ACM. Argus decreased their target price on shares of AECOM from $43.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, June 2nd. BidaskClub lowered shares of AECOM from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 20th. UBS AG set a $38.00 target price on shares of AECOM and gave the company a “buy” rating in a research report on Monday, June 26th. Credit Suisse Group reiterated a “buy” rating and issued a $44.00 target price on shares of AECOM in a research report on Thursday, June 29th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $40.00 target price (down previously from $45.00) on shares of AECOM in a research report on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. AECOM presently has an average rating of “Hold” and a consensus price target of $38.45.

Shares of AECOM (ACM) opened at 33.23 on Tuesday. The firm has a market cap of $5.21 billion, a PE ratio of 20.35 and a beta of 1.70. The company has a 50 day moving average of $31.95 and a 200 day moving average of $33.38. AECOM has a 52 week low of $26.46 and a 52 week high of $40.72.

AECOM (NYSE:ACM) last announced its earnings results on Tuesday, August 8th. The construction company reported $0.78 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.78. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.54 billion. AECOM had a net margin of 1.46% and a return on equity of 12.19%. AECOM’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. On average, equities research analysts anticipate that AECOM will post $2.91 EPS for the current fiscal year.

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Several large investors have recently bought and sold shares of ACM. Nomura Asset Management Co. Ltd. boosted its position in shares of AECOM by 4.9% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 3,410 shares of the construction company’s stock valued at $122,000 after purchasing an additional 160 shares in the last quarter. Financial Architects Inc boosted its position in shares of AECOM by 1.0% during the 2nd quarter. Financial Architects Inc now owns 4,632 shares of the construction company’s stock valued at $150,000 after purchasing an additional 48 shares in the last quarter. Global X Management Co. LLC boosted its position in shares of AECOM by 220.7% during the 2nd quarter. Global X Management Co. LLC now owns 4,923 shares of the construction company’s stock valued at $159,000 after purchasing an additional 3,388 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of AECOM by 12.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,359 shares of the construction company’s stock valued at $173,000 after purchasing an additional 576 shares in the last quarter. Finally, GAM Holding AG bought a new position in shares of AECOM during the 2nd quarter valued at about $194,000. Institutional investors own 82.06% of the company’s stock.

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.

Analyst Recommendations for AECOM (NYSE:ACM)

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