Shares of Aecom (NYSE:ACM) have been given an average recommendation of “Hold” by the eleven analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $36.00.
A number of brokerages have recently weighed in on ACM. Zacks Investment Research upgraded shares of Aecom from a “sell” rating to a “hold” rating and set a $34.00 price objective for the company in a report on Monday, February 4th. ValuEngine lowered shares of Aecom from a “hold” rating to a “sell” rating in a report on Friday, February 8th. Credit Suisse Group restated a “hold” rating and issued a $30.00 price objective on shares of Aecom in a report on Wednesday, December 12th. Finally, KeyCorp set a $35.00 price objective on shares of Aecom and gave the stock a “buy” rating in a report on Tuesday, January 29th.
ACM stock traded up $0.27 during midday trading on Thursday, reaching $30.82. The company had a trading volume of 154,680 shares, compared to its average volume of 788,898. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.20 and a quick ratio of 1.20. Aecom has a 1 year low of $24.83 and a 1 year high of $36.97. The stock has a market cap of $4.77 billion, a PE ratio of 11.50, a P/E/G ratio of 1.28 and a beta of 1.70.
In related news, Director Daniel R. Tishman sold 25,000 shares of the company’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $30.11, for a total transaction of $752,750.00. Following the completion of the sale, the director now directly owns 97,978 shares in the company, valued at approximately $2,950,117.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.26% of the company’s stock.
A number of large investors have recently bought and sold shares of the stock. NumerixS Investment Technologies Inc purchased a new stake in shares of Aecom in the 4th quarter worth about $26,000. Oregon Public Employees Retirement Fund grew its position in shares of Aecom by 2,617.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,705,832 shares of the construction company’s stock worth $64,000 after buying an additional 1,643,066 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in shares of Aecom in the 4th quarter worth about $146,000. Jane Street Group LLC purchased a new stake in shares of Aecom in the 4th quarter worth about $203,000. Finally, Parametrica Management Ltd purchased a new stake in shares of Aecom in the 4th quarter worth about $228,000. Institutional investors own 87.86% of the company’s stock.
Aecom Company Profile
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.
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