AECOM (NYSE:ACM – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 5.000-5.200 for the period, compared to the consensus EPS estimate of 4.490. The company issued revenue guidance of -. AECOM also updated its FY25 guidance to $5.00-5.20 EPS.
Analysts Set New Price Targets
ACM has been the subject of a number of recent analyst reports. Citigroup raised their price objective on shares of AECOM from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Barclays lifted their price target on AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Truist Financial raised their price objective on AECOM from $108.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. Robert W. Baird increased their price target on shares of AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, StockNews.com raised shares of AECOM from a “hold” rating to a “buy” rating in a research report on Sunday, October 27th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $113.29.
Check Out Our Latest Research Report on AECOM
AECOM Price Performance
AECOM Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be issued a $0.26 dividend. This is a boost from AECOM’s previous quarterly dividend of $0.22. This represents a $1.04 dividend on an annualized basis and a yield of 0.95%. AECOM’s dividend payout ratio is currently 47.31%.
AECOM announced that its Board of Directors has authorized a share repurchase program on Monday, November 18th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 6.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.
Insider Transactions at AECOM
In related news, CFO Gaurav Kapoor sold 42,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $115.34, for a total value of $4,890,416.00. Following the completion of the sale, the chief financial officer now directly owns 31,228 shares in the company, 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 through this link. 0.42% of the stock is currently owned by corporate insiders.
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.
See Also
- Five stocks we like better than AECOM
- What Are Growth Stocks and Investing in Them
- Instacart: Is it Time to Back Up the Cart on the Stock?
- How to Plot Fibonacci Price Inflection Levels
- Insiders Selling Into 3 Rallies: Investors Should Do the Opposite
- Dividend Payout Ratio Calculator
- 3 Under-the-Radar Oil Stocks to Keep Your Eye On
Receive News & Ratings for AECOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AECOM and related companies with MarketBeat.com's FREE daily email newsletter.