AECOM (NYSE:ACM) Stock, Quote.Headers.trade-ideas

AECOM

Aecom is one of the largest global providers of design, engineering, construction, and management services. It serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.

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MasTec, Inc.&#39;s (NYSE: MTZ) stock has gained nearly 31% in the past six months, outperforming the Zacks Building Products - Heavy Construction industry&#39;s 24.5% growth, the broader Construction sector&#39;s 7.2% increase and the S&amp;P 500 index&#39;s 8.6% rise.

MasTec Stock Rallies 31% in the Past 6 Months: Is MTZ a Buy Right Now?

Earnings Beats

The joint venture (JV) between Jacobs Solutions Inc.&#39;s (NYSE: J) subsidiary, Halcrow, and AECOM (NYSE: ACM) has entered into a consultancy agreement with the Civil Engineering and Development Department (&#34;CEDD&#34;) o

Jacobs&#39; Halcrow Signs Consultancy Deal With CEDD in Hong Kong

Options

Investors in AECOM (NYSE: ACM) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $45 Put some of the highest implied volatility of all equity options today.

Is the Options Market Predicting a Spike in AECOM Stock?

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The appointment will support Wessex Water in delivering its planned &pound;3.7 billion investment between 2025-2030 in a wide range of improvements for its 2.9 million customers across the South West of England, including improved wastewater treatment, enhancing the environment and ensuring the availability of water.

AECOM Says It Has Been Awarded First Place On The Design Consultant Lot Of Wessex Water's New Capital Delivery Framework

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Shares of broader industrial and machinery stocks are trading higher following the Fed's announcement to cut rates by 50 basis points yesterday, which could support investment and economic growth.

This includes management of the&nbsp;$3.8 billion&nbsp;New Terminal 1 (NT1) program and the modernization of Terminal 2 East (T2E) that will transform the traveling experience at SAN.

AECOM Says Selected By The San Diego County Regional Airport Authority To Provide Program Management Services Supporting Projects At San Diego International Airport

MasTec, Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtz#NYSE">MTZ</a>) stock has gained nearly 31% in the past six months, outperforming the Zacks Building Products - Heavy Construction industry&#39;s 24.5% growth, the broader Construction sector&#39;s 7.2% increase and the S&amp;P 500 index&#39;s 8.6% rise.
This infrastructure construction company is banking on increasing demand for power, data capacity and network speed. Also, MTZ&#39;s focus on strategic investments for portfolio diversification positions it well for satiating increased infrastructure demand globally. Moreover, the company is optimistic about its growth opportunities in 2025 and beyond, given the solid pipeline across its businesses and acquisition synergies.
MTZ stock also outpaced its competitors like EMCOR Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>), Quanta Services, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pwr#NYSE">PWR</a>) and AECOM (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acm#NYSE">ACM</a>), which rallied 18.9%, 10.8% and 6.3%, respectively, in the six-month period.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/e8/77728.jpg?v=1768968619" />
Image Source: Zacks Investment Research
Technical indicators are supportive of MTZ&#39;s strong performance. As of Thursday, the stock is trading at $110.40, comfortably above its 50-day moving average of $106.62.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/4e/77735.jpg?v=518729280" />
Image Source: Zacks Investment Research
<h2>What&#39;s Supporting MTZ Stock&#39;s Outperformance?</h2>
Strong Outlook for 2024: MasTec&#39;s robust 18-month backlog of $13.3 billion provides strong visibility into 2024. The company raised its full-year guidance, expecting consolidated revenues of $12.4 billion (prior expected $12.55 billion), up from $12 billion year over year. Adjusted EBITDA is projected to be $975 million, an increase from $860.3 million in 2023, with a margin improvement of 7.9% (up from 7.8% expected earlier and 7.2% reported in 2023).
Adjusted earnings per share are forecasted to be $3.03, up from $1.97 expected earlier. The Clean Energy and Infrastructure segment is expected to increase 10% in 2024, reaching $4.4 billion in revenues, with continued growth anticipated beyond 2024.
Solid Backlog Poses Strength for Future: As of June 30, 2024, MasTec&#39;s Clean Energy and Infrastructure backlog increased 10.3% year over year and 4.6% sequentially, with a 1.2x book-to-bill ratio, providing strong visibility into future projects. The Power Delivery segment saw a 12% year-over-year increase and a 20% sequential growth in backlog, highlighted by a major 700-mile high-voltage transmission project starting in 2025. This project, one of the largest in the United States, will generate $300-$500 million annually through 2028, positioning the segment for strong growth.
The Communications segment saw a 1.7% sequential increase and 8.8% year-over-year backlog growth, with revenues expected to rise 4.5% in 2024. Adjusted EBITDA margins remain strong in the high single digits.
The company is optimistic about its growth opportunities. The robust demand for its services suggests the potential for double-digit revenues and earnings growth in 2025 and beyond. Despite short-term pressure in the power delivery segment, the long-term outlook is improving significantly. Meanwhile, the company continues to experience strong demand in both renewables and infrastructure projects. Based on anticipated bookings, it is well-positioned for substantial growth in 2025.
<img alt="MasTec Corporate Presentation" src="https://staticx-tuner.zacks.com/images/articles/charts/2c/77733.jpg?v=1448717556" />
Image Source: MasTec Corporate Presentation
Expanding Communications Pipeline: MasTec has deepened its relationship with AT&amp;T, its largest wireless client, as AT&amp;T expanded the scope and geographic reach of MasTec&#39;s core wireless services, in addition to a maintenance contract secured in the third quarter of 2023. This, combined with AT&amp;T&#39;s plan to replace Nokia equipment with Ericsson over the next five years, is expected to significantly boost MasTec&#39;s wireless business. The impact will start in the second half of 2024, with segment revenues expected to grow by double digits in 2025.
MasTec is positioned for nearly 20% organic revenue growth in the second half of 2024. Additionally, the growing demand for wireline services and the anticipated Broadband Equity, Access, and Deployment (BEAD) program funding provide long-term visibility. New customers, including private equity-backed entrants, are showing strong interest in MasTec&#39;s comprehensive solutions, enhancing its growth prospects in 2025 and beyond.
Strategic Acquisitions &amp; Equity Investments: MasTec remains focused on bolt-on acquisitions, completing four in 2023 and five in 2022. Additionally, it holds equity stakes in several telecommunications entities that provide construction services to the company.
As of March 31, 2024, MasTec had $22 million in total investments, including $18 million for FM Tech. It also holds 49% equity interests in entities within its Communications and Power Delivery segments, with a $3 million investment and a 75% equity stake in Confluence Networks, LLC, an undersea fiber-optic systems developer, totaling $2.5 million.
<h2>Other Parameters Reflecting MTZ&#39;s Solid Growth Prospect</h2>
Analysts are showing confidence in the stock, as indicated by recent upward revisions in earnings estimates. Over the last 60 days, forecasts for 2024 and 2025 have increased to $3.02 (from $2.94) and $4.35 (from $4.33), respectively.
The company also has a solid earnings surprise history. Its EPS surpassed the consensus estimate in three of the trailing four quarters and missed on one occasion, with the average surprise being 19.4%. Notably, the company currently has a VGM Score of A, which signifies that MTZ has solid growth prospects and the potential to outperform the market in the near term.
These positive trends signify bullish analysts&#39; sentiments, indicating robust fundamentals and the expectation of continued outperformance in the near term.
<h2>Is MasTec a Smart Investment Choice Today?</h2>
In the competitive non-residential services sector, MasTec, a leading infrastructure construction company with an $8.75 billion market cap, distinguishes itself. MTZ is strategically situated to capitalize on converging trends, providing multiple paths for near-and-long-term profitable growth. Its diversified portfolio with significant growth potential in all segments makes the stock the best investment option at the moment.
Also, upward revisions in earnings estimates reinforce its Zacks Rank #2 (Buy) rating, making MTZ an attractive addition to investors&#39; portfolios at present.
<a href="https://www.zacks.com/stock/news/2336063/mastec-stock-rallies-31-in-the-past-6-months-is-mtz-a-buy-right-now?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2336063">To read this article on Zacks.com click here.</a>

AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) has outperformed the market over the past 5 years by 7.31% on an annualized basis producing an average annual return of 20.63%. Currently, AECOM has a market capitalization of $13.16 billion. 
Buying $1000 In ACM: If an investor had bought $1000 of ACM stock 5 years ago, it would be worth $2,574.20 today based on a price of $98.18 for ACM at the time of writing.
<h3>AECOM's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726239773_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In AECOM 5 Years Ago Would Be Worth This Much Today

AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) has outperformed the market over the past 5 years by 9.41% on an annualized basis producing an average annual return of 23.54%. Currently, AECOM has a market capitalization of $13.31 billion. 
Buying $100 In ACM: If an investor had bought $100 of ACM stock 5 years ago, it would be worth $287.77 today based on a price of $99.27 for ACM at the time of writing.
<h3>AECOM's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724945468_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning AECOM Stock In The Last 5 Years

AECOM Announced It Was Awarded A Program Management Services Contract By The New York Power Authority, The Largest State Public Power Utility In The United States

The joint venture (JV) between Jacobs Solutions Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/j#NYSE">J</a>) subsidiary, Halcrow, and AECOM (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acm#NYSE">ACM</a>) has entered into a consultancy agreement with the Civil Engineering and Development Department (&quot;CEDD&quot;) of the Hong Kong Special Administrative Region (&quot;HKSAR&quot;) government. The agreement underlines the associated work for the first phase of the San Tin Technopole in Hong Kong.
The contract for the first phase includes 250-hectare land development for the city within the Northern Metropolis to support innovation and technology development, housing, community and commercial facilities. Moreover, the project will adopt an integrated low-carbon infrastructure system to meet carbon neutrality goals before 2050 and employ digital strategies, including building information modeling and digital twins, to improve project outcomes.
The work scope of the JV includes design review, detailed design, tendering, construction supervision and associated engineering infrastructure works of San Tin Technopole.
San Tin Technopole development will be carried out in two phases, with the first population and business intake expected in 2031. Upon completion, it is expected to offer approximately 54,000 new housing units.
<h2>Increasing Backlog Driving J&#39;s Growth</h2>
Jacobs&#39; efficient project execution has increased the demand for its consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The strong performance in the recent quarters is reflected through its ongoing contract.
The aforementioned statement is supported by the company&#39;s ongoing backlog growth. At the fiscal third-quarter end, it reported a backlog of $30.6 billion, up from $28.9 billion in the year-ago period. This reflects persistent solid demand for Jacobs&#39; consulting services. Of this backlog, P&amp;PS backlog was $19.28 billion compared with $17.5 billion in the comparable year-ago period, primarily driven by growth in the Life Sciences and Energy markets.
Furthermore, the Critical Mission Solutions&#39; backlog at the end of the fiscal third quarter was $8.45 billion, up year over year from $8.1 billion, providing strong visibility into the base business. The upside was mainly fueled by expansion and higher funding in the U.K. and U.S. nuclear remediation markets, along with growth in the U.K. defense sector.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/48/75592.jpg?v=987278344" />
Image Source: Zacks Investment Research
Shares of this professional, technical and construction services provider have gained 9.1% in the past three months, outperforming the Zacks Technology Services industry&#39;s 4.6% growth. The company is expected to benefit from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments.
<h2>Zacks Rank</h2>
Jacobs currently carries a Zacks Rank #3 (Hold).
<h2>About AECOM</h2>
AECOM is a leading solutions provider for supporting professional, technical and management solutions for diverse industries across end markets like transportation, facilities and government, as well as those in environmental, energy and water businesses. It specializes in providing integrated services for planning, construction and maintenance of infrastructures that include consulting, architecture and engineering, as well as managing the requirements for energy, water and environment of various private and public clients.
ACM recently posted decent third-quarter fiscal 2024 results, with earnings surpassing the Zacks Consensus Estimate. On a year-over-year basis, the top and bottom line increased, backed by solid organic growth in net service revenues in its reportable segments.
<h2>Recent Peer Releases</h2>
KBR, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line increased on a year-over-year basis.
The upside was predominantly driven by expansion in Sustainable Technology Solutions and notable advancements within Government Solutions. The International, Defense &amp; Intel and Science and Space sectors witnessed new contracts and on-contract growth. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.
Quanta Services Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pwr#NYSE">PWR</a>)&nbsp;reported mixed results for second-quarter 2024, wherein adjusted earnings missed the Zacks Consensus Estimate, but revenues surpassed the same. Both metrics increased on a year-over-year basis.
The growth was supported by robust demand for its services, propelled by customers&#39; multi-year initiatives aimed at modernizing and fortifying utility infrastructure, expanding renewable energy generation and transmission infrastructure, and transitioning toward a low-carbon economy. Moreover, the company has raised its 2024 guidance for major metrics, owing to the expected contributions from its recent acquisition of CEI.
<a href="https://www.zacks.com/stock/news/2327885/jacobs-halcrow-signs-consultancy-deal-with-cedd-in-hong-kong?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2327885">To read this article on Zacks.com click here.</a>

Jacobs' Halcrow Signs Consultancy Deal With CEDD in Hong Kong

AECOM's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) short percent of float has risen 18.56% since its last report. The company recently reported that it has 2.01 million shares sold short, which is 1.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>AECOM Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724266817_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for AECOM has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing AECOM's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, AECOM's peer group average for short interest as a percentage of float is 5.06%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into AECOM's Recent Short Interest

AECOM Announced That They Have Been Selected By The Transbay Joint Powers Authority To Provide Program Management And Construction Management Services For The Downtown Rail Extension Project

Investors in AECOM (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acm#NYSE">ACM</a>) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $45 Put some of the highest implied volatility of all equity options today.
<h3>What is Implied Volatility?</h3>
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
<h3>What do the Analysts Think?</h3>
Clearly, options traders are pricing in a big move for AECOM shares, but what is the fundamental picture for the company? Currently, AECOM is a Zacks Rank #4 (Sell) in the Engineering - R and D Services industry that ranks in the Top 18% of our Zacks Industry Rank. Over the last 30 days, no analyst increased the earnings estimates for the current quarter, while one has dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.24 per share to $1.22 in that period.
Given the way analysts feel about AECOM right now, this huge implied volatility could mean there&#39;s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
<a href="https://www.zacks.com/stock/news/2324441/is-the-options-market-predicting-a-spike-in-aecom-acm-stock?cid=CS-BENZ-FT-tale_of_the_tape|options-2324441">To read this article on Zacks.com click here.</a>

AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) has outperformed the market over the past 5 years by 10.54% on an annualized basis producing an average annual return of 23.58%. Currently, AECOM has a market capitalization of $12.73 billion. 
Buying $1000 In ACM: If an investor had bought $1000 of ACM stock 5 years ago, it would be worth $2,926.94 today based on a price of $94.95 for ACM at the time of writing.
<h3>AECOM's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723498218_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In AECOM 5 Years Ago Would Be Worth Today

10 analysts have expressed a variety of opinions on AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated AECOM and provided 12-month price targets. The average target is $103.2, accompanied by a high estimate of $113.00 and a low estimate of $94.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.46%. 
<img src="https://www.benzinga.com/files/images/story/2024/1723150813_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A clear picture of AECOM's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adam Seiden</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$105.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Sangita Jain</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$99.00</td>
<td>$94.00</td>
</tr>
<tr>
<td>Andrew Wittmann</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Arthur Nagorny</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$113.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$108.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Andrew Kaplowitz</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$104.00</td>
<td>$116.00</td>
</tr>
<tr>
<td>Sangita Jain</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$94.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Andrew Wittmann</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$96.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$107.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Steven Fisher</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$106.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AECOM. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AECOM compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AECOM's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of AECOM's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/ACM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AECOM analyst ratings.</a>
<h2>All You Need to Know About AECOM</h2>
Aecom is one of the largest global providers of design, engineering, construction, and management services. It serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.
<h3>Breaking Down AECOM's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, AECOM showcased positive performance, achieving a revenue growth rate of 13.31% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: AECOM's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.23%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): AECOM's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.97%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): AECOM's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.14%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: AECOM's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.31, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 10 Analyst Evaluations For AECOM

AECOM shares are trading higher after Barclays maintained an Overweight rating on the stock and raised its price target from $100 to $105.

Barclays analyst Adam Seiden maintains AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Overweight and raises the price target from $100 to $105.

Price Target

Barclays Maintains Overweight on AECOM, Raises Price Target to $105

Keybanc analyst Sangita Jain maintains AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Overweight and raises the price target from $94 to $99.

Keybanc Maintains Overweight on AECOM, Raises Price Target to $99

Baird analyst Andrew Wittmann maintains AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Outperform and raises the price target from $96 to $100.

Baird Maintains Outperform on AECOM, Raises Price Target to $100

RBC Capital analyst Arthur Nagorny maintains AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Outperform and raises the price target from $112 to $113.

RBC Capital Maintains Outperform on AECOM, Raises Price Target to $113

Truist Securities analyst Jamie Cook reiterates AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Buy and raises the price target from $107 to $108.

Reiteration

Truist Securities Reiterates Buy on AECOM, Raises Price Target to $108

AECOM shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 EPS guidance with the midpoint above estimates. (edited)

In a report released yesterday, Sabahat Khan from RBC Capital reiterated a Buy rating on Aecom Technology (ACM – Research Report), with a price tar...

Aecom Technology (ACM) Receives a Buy from RBC Capital

In a report released yesterday, John Staszak from Argus Research maintained a Buy rating on Aecom Technology (ACM – Research Report). The company's...

Argus Research Sticks to Their Buy Rating for Aecom Technology (ACM)

Earnings help Axon to top industrial gainer of week, while dragging down Atkore

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Bullish stocks within industrials after reaching new highs

AECOM secures management contract for New York Power Authority

Aecom Technology (ACM – Research Report), the Industrials sector company, was revisited by a Wall Street analyst on August 29. Analyst Andrew Wittm...

Aecom Technology: A Strong Buy on Strategic Growth and Efficiency Enhancements

AECOM declares $0.22 dividend

AECOM Earnings Taking Wings Due To Record Revenues And Margins

AECOM awarded program management contract for San Diego airport expansion project

AAON

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FTRE

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IIIN

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Press Releases

AECOM announces planned dates for third quarter fiscal 2024 earnings results and conference call

Comfort Systems Announces New Board Member

AECOM reports third quarter fiscal 2024 results

AECOM selected as Lead Designer for the Bronx River Parkway Bridge Replacement Project

AECOM to serve as program manager for the Portal rail extension in San Francisco

AECOM awarded program management contract to support the New York Power Authority's decarbonization efforts

AECOM declares quarterly dividend

AECOM appointed to Northern Ireland Water's Professional Services Framework

AECOM awarded program management contract for San Diego International Airport expansion project

AECOM renews place on Wessex Water's Capital Delivery Framework

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