AECOM (NYSE:ACM – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.000-5.200 for the period, compared to the consensus estimate of 4.490. The company issued revenue guidance of -. AECOM also updated its FY25 guidance to $5.00-5.20 EPS.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on ACM shares. Barclays boosted their price objective on shares of AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. Truist Financial lifted their price objective on AECOM from $108.00 to $119.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Royal Bank of Canada boosted their target price on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Robert W. Baird lifted their price objective on AECOM from $113.00 to $122.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, KeyCorp lifted their target price on shares of AECOM from $115.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $116.43.
View Our Latest Analysis on AECOM
AECOM Price Performance
AECOM (NYSE:ACM – Get Free Report) last issued its quarterly earnings data on Monday, November 18th. The construction company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.03. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the company posted $1.01 earnings per share. AECOM’s revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts anticipate that AECOM will post 4.47 EPS for the current year.
AECOM Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd will be given a $0.26 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.95%. This is an increase from AECOM’s previous quarterly dividend of $0.22. AECOM’s payout ratio is presently 29.73%.
AECOM announced that its Board of Directors has approved a stock repurchase plan on Monday, November 18th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to buy up to 6.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.
Insider Transactions at AECOM
In other AECOM news, CFO Gaurav Kapoor sold 42,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the sale, the chief financial officer now owns 31,228 shares of the company’s stock, valued at approximately $3,601,837.52. The trade was a 57.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.42% of the company’s stock.
About AECOM
AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
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