AECOM (NYSE:ACM – Get Free Report) declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Wednesday, October 14th will be given a dividend of 0.31 per share by the construction company on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, October 14th.
AECOM has a payout ratio of 21.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect AECOM to earn $5.99 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 20.7%.
AECOM Stock Performance
Shares of NYSE ACM traded up $0.63 during midday trading on Thursday, hitting $63.44. The company’s stock had a trading volume of 1,075,095 shares, compared to its average volume of 1,776,680. AECOM has a 1-year low of $60.35 and a 1-year high of $135.52. The firm’s fifty day moving average price is $67.74 and its 200-day moving average price is $75.26. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $8.16 billion, a P/E ratio of 29.10, a P/E/G ratio of 1.72 and a beta of 0.91.
Analyst Upgrades and Downgrades
ACM has been the subject of several recent research reports. Barclays lowered their target price on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a report on Wednesday, August 12th. Weiss Ratings lowered AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Bank of America lowered their price objective on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Piper Sandler set a $79.00 price objective on AECOM in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $91.00 target price on AECOM in a research note on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $88.25.
View Our Latest Analysis on ACM
AECOM Company Profile
AECOM (NYSE: ACM) is a global infrastructure consulting firm that provides professional services across the project life cycle. The company supports public- and private-sector clients with planning, design, engineering, program and construction management, and operations services.
Its work spans transportation, water, environmental services, energy, buildings and places, and government infrastructure. AECOM serves clients including transportation agencies, governments, utilities, commercial organizations, and other institutions, helping them develop and maintain complex infrastructure and facilities.
AECOM operates internationally, with projects and operations across the Americas, Europe, the Middle East, India, and the Asia-Pacific region.
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