AECOM (NYSE: ACM) is 6.46% higher on its value in year-to-date trading and has touched a low of $74.40 and a high of $95.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ACM stock was last observed hovering at around $95.61 in the last trading session, with the day’s gains setting it 2.79%.
Currently trading at $98.40, the stock is 8.54% and 9.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.92% at the moment leaves the stock 13.63% off its SMA200. ACM registered 17.21% gain for a year compared to 6-month gain of 17.75%. The firm has a 50-day simple moving average (SMA 50) of $1.00 and a 200-day simple moving average (SMA200) of $26.34.
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The stock witnessed a 11.68% loss in the last 1 month and extending the period to 3 months gives it a 5.30%, and is 8.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.18% over the week and 1.63% over the month.
AECOM (ACM) has around 52000 employees, a market worth around $13.38B and $14.90B in sales. Current P/E ratio is 220.33 and Fwd P/E is 19.35. Profit margin for the company is 0.42%. Distance from 52-week low is 32.26% and 2.57% from its 52-week high. The company has generated returns on investments over the last 12 months (1.27%).
AECOM quarterly earnings per share for the current quarter are estimated at $1.03 with sales reaching $3.79B over the same period.The EPS is expected to grow by 20.89% this year, but quarterly earnings will post 9.70% year-over-year.
724 institutions hold shares in AECOM (ACM), with institutional investors hold 88.98% of the company’s shares. The shares outstanding are 136.21M, and float is at 135.40M with Short Float at 0.95%. Institutions hold 88.55% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 17.2 million shares valued at $1.46 billion. The investor’s holdings represent 12.40% of the ACM Shares outstanding. As of Jun 29, 2023, the second largest holder is Primecap Management Company with 14.96 million shares valued at $1.27 billion to account for 10.78% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 13.35 million shares representing 9.62% and valued at over $1.13 billion, while Pictet Asset Management SA holds 4.26% of the shares totaling 5.9 million with a market value of $500.01 million.
AECOM (ACM) Insider Activity
The most recent transaction is an insider sale by van ‘t Noordende Alexander M, the company’s Director. SEC filings show that van ‘t Noordende Alexander M sold 2,255 shares of the company’s common stock on Feb 06 ’24 at a price of $85.54 per share for a total of $0.19 million. Following the sale, the insider now owns 6957.0 shares.
AECOM disclosed in a document filed with the SEC on Dec 15 ’23 that Rudd Troy (CHIEF EXECUTIVE OFFICER) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Dec 15 ’23 and was made at $92.76 per share for $2.32 million. Following the transaction, the insider now directly holds 0.26 million shares of the ACM stock.
Still, SEC filings show that on Dec 14 ’23, Poloni Lara (PRESIDENT) disposed off 30,692 shares at an average price of $92.50 for $2.84 million. The insider now directly holds 53,752 shares of AECOM (ACM).
