AECOM (NYSE: ACM) is 19.79% higher on its value in year-to-date trading and has touched a low of $77.78 and a high of $115.74 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 $114.12 in the last trading session, with the day’s loss setting it -3.4%.
Currently trading at $110.72, the stock is 3.02% and 7.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -2.98% at the moment leaves the stock 17.62% off its SMA200. ACM registered 41.33% gain for a year compared to 6-month gain of 19.44%. The firm has a 50-day simple moving average (SMA 50) of $102.8612 and a 200-day simple moving average (SMA200) of $94.01975.
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The stock witnessed a 5.41% loss in the last 1 month and extending the period to 3 months gives it a 14.64%, and is 3.67% 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 2.57% over the week and 1.89% over the month.
AECOM (ACM) has around 52000 employees, a market worth around $14.84B and $15.84B in sales. Current P/E ratio is 59.51 and Fwd P/E is 22.28. Profit margin for the company is 1.61%. Distance from 52-week low is 42.35% and -4.34% from its 52-week high. The company has generated returns on investments over the last 12 months (4.86%).
AECOM quarterly earnings per share for the current quarter are estimated at 1.24 with sales reaching $4.14B over the same period.The EPS is expected to grow by 20.99% this year, but quarterly earnings will post 12.20% year-over-year. Quarterly sales are estimated to grow 7.70% in year-over-year returns.
758.0 institutions hold shares in AECOM (ACM), with institutional investors hold 90.61% of the company’s shares. The shares outstanding are 136.21M, and float is at 133.49M with Short Float at 1.70%. Institutions hold 90.18% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 17.32 million shares valued at $1.53 billion. The investor’s holdings represent 12.7351 of the ACM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.09 million shares valued at $1.15 billion to account for 9.6274 of the shares outstanding. The other top investors are PRIMECAP MANAGEMENT CO/CA/ which holds 13.02 million shares representing 9.5745 and valued at over $1.15 billion, while STATE STREET CORP holds 3.691 of the shares totaling 5.02 million with a market value of $442.46 million.
AECOM (ACM) Insider Activity
The most recent transaction is an insider sale by Kapoor Gaurav, the company’s CHIEF FINANCIAL OFFICER (PAO). SEC filings show that Kapoor Gaurav sold 42,400 shares of the company’s common stock on Nov 06 ’24 at a price of $115.34 per share for a total of $4.89 million. Following the sale, the insider now owns 31228.0 shares.
Still, SEC filings show that on Oct 01 ’24, Rudd Troy (CHIEF EXECUTIVE OFFICER) disposed off 33,333 shares at an average price of $102.71 for $3.42 million. The insider now directly holds 244,222 shares of AECOM (ACM).
