This is why AECOM (ACM) Stock is one of the options for the Longer run

AECOM [ACM] stock prices are up 5.06% to $91.02 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACM shares have gain 0.88% over the last week, with a monthly amount glided 9.11%, and seem to be holding up well over a long-time horizon.

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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.

The stock price of AECOM [ACM] has been fluctuating between $74.40 and $98.72 over the past year. Currently, Wall Street analysts expect the stock to reach $98.33 within the next 12 months. AECOM [NYSE: ACM] shares were valued at $91.02 at the most recent close of the market. An investor can expect a potential return of 8.03% based on the average ACM price forecast.

Analyzing the ACM fundamentals

The AECOM [NYSE:ACM] reported sales of 15.84B for trailing twelve months, representing a surge of 13.31%. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.06.

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 87.08 points at the first support level, and at 83.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.10, and for the 2nd resistance point, it is at 97.19.

Ratios To Look Out For

It’s worth pointing out that AECOM [NYSE:ACM]’s Current Ratio is 1.06. Also, the Quick Ratio is 1.06. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 5.62 and price to earnings (TTM) ratio is 48.96.

Transactions by insiders

Recent insider trading involved Stotlar Douglas, Director, that happened on May 10 ’24 when 7179.0 shares were sold. Director, van ‘t Noordende Alexander M completed a deal on Feb 06 ’24 to sell 2255.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Rudd Troy sold 25000.0 shares on Dec 15 ’23.

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