AECOM (ACM) stock: 12-month forecast projects 3.02% potential return%

AECOM [ACM] stock is trading at $97.07, down -0.73%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ACM shares have lost -0.25% over the last week, with a monthly amount glided 9.60%, and seem to be holding up well over a long-time horizon.

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On 4, April 2024, AECOM consortium selected to deliver Australia’s M80 Ring Road Completion. In a post published today on Yahoo Finance, AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that the Victoria State Government has appointed AECOM, in partnership with Acciona and MACA Civil, as alliance non-owner participants to design and construct Australia’s M80 Ring Road Completion between Plenty Road and the North East Link in Watsonia, Melbourne. AECOM will serve as the lead consultant and the only designer of the alliance and will play a central role in delivering the professional and technical services for the planning and design of permanent works.

From an analyst’s perspective:

AECOM [NYSE: ACM] stock has seen the most recent analyst activity on March 14, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $106. Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on January 10, 2024, and set its price target to $104. On January 12, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $98 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $91 on April 27, 2022. Deutsche Bank upgraded its rating to a Buy and raised its price target to $49 on November 05, 2019. BofA/Merrill upgraded its rating to Buy for this stock on October 14, 2019. In a note dated September 20, 2019, Argus upgraded an Buy rating on this stock but restated the target price of $44.

AECOM [ACM] stock has fluctuated between $74.40 and $98.72 over the past year. Currently, Wall Street analysts expect the stock to reach $100 within the next 12 months. AECOM [NYSE: ACM] shares were valued at $97.07 at the most recent close of the market. An investor can expect a potential return of 3.02% based on the average ACM price forecast.

Analyzing the ACM fundamentals

AECOM [NYSE:ACM] reported sales of 14.90B for the trailing twelve months, which represents a growth of 15.30%. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.21.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 96.19 points at the first support level, and at 95.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 98.30, and for the 2nd resistance point, it is at 99.53.

AECOM [ACM] reported earnings per share of $1.05 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.95/share, meaning a difference of $0.1 and a surprise factor of 10.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.01 per share as compared to estimates of $0.97 per share, a difference of $0.04 representing a surprise of 4.10%.

Ratios To Look Out For

For context, AECOM’s Current Ratio is 1.05. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 5.88 and price to earnings (TTM) ratio is 217.35.

Transactions by insiders

Recent insider trading involved van ‘t Noordende Alexander M, Director, that happened on Feb 06 ’24 when 2255.0 shares were sold. CHIEF EXECUTIVE OFFICER, Rudd Troy completed a deal on Dec 15 ’23 to sell 25000.0 shares. Meanwhile, PRESIDENT Poloni Lara sold 30692.0 shares on Dec 14 ’23.

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