Aecom (ACM) Earning Somewhat Positive Media Coverage, Report Finds
Press coverage about Aecom (NYSE:ACM) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aecom earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 47.5530995972854 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Traders Focused Most Active Stock: AECOM (ACM) (nasdaqplace.com)
- Are High-Risk Investment? AECOM (ACM), PPL Corporation (PPL) (nmsunews.com)
- Aecom Expected to Earn FY2018 Earnings of $2.72 Per Share (ACM) (americanbankingnews.com)
- Aecom (ACM) Expected to Earn FY2018 Earnings of $2.65 Per Share (americanbankingnews.com)
- Engineering, Bioplastics Firms Debut ‘Cutting Edge’ Algae Removal Process (news.wfsu.org)
ACM has been the topic of several analyst reports. Citigroup decreased their price objective on Aecom from $49.00 to $45.00 and set a “buy” rating on the stock in a report on Monday, July 23rd. Zacks Investment Research downgraded Aecom from a “buy” rating to a “hold” rating in a report on Tuesday, April 17th. TheStreet downgraded Aecom from a “b” rating to a “c+” rating in a report on Tuesday, May 8th. ValuEngine downgraded Aecom from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $40.00 price objective on shares of Aecom in a report on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $36.40.
Aecom (NYSE:ACM) last announced its quarterly earnings results on Tuesday, August 7th. The construction company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Aecom had a return on equity of 9.86% and a net margin of 0.72%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.88 billion. During the same quarter in the previous year, the business earned $0.78 EPS. analysts expect that Aecom will post 2.68 earnings per share for the current fiscal year.
In related news, EVP Carla J. Christofferson sold 1,000 shares of the business’s stock in a transaction dated Friday, July 6th. The stock was sold at an average price of $33.00, for a total transaction of $33,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Chuan-Sheng Chiao sold 1,700 shares of the business’s stock in a transaction dated Friday, June 1st. The shares were sold at an average price of $33.31, for a total value of $56,627.00. Following the transaction, the insider now owns 39,816 shares in the company, valued at approximately $1,326,270.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,400 shares of company stock worth $747,410. 0.74% of the stock is owned by company insiders.
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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