Arcosa (NYSE:ACA) Stock Rating Upgraded by Zacks Research

Arcosa (NYSE:ACA) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other analysts also recently issued research reports about the company. Wall Street Zen upgraded Arcosa from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings cut shares of Arcosa from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Citigroup downgraded shares of Arcosa to a “hold” rating in a research note on Tuesday. DA Davidson upped their price target on shares of Arcosa from $120.00 to $125.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Oppenheimer assumed coverage on shares of Arcosa in a research report on Thursday, May 28th. They set an “outperform” rating and a $150.00 price target for the company. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $138.33.

Arcosa Stock Up 0.1%

Shares of NYSE:ACA opened at $144.99 on Monday. The stock’s 50-day moving average price is $124.49 and its 200-day moving average price is $116.70. Arcosa has a 12-month low of $81.91 and a 12-month high of $146.92. The stock has a market capitalization of $7.12 billion, a P/E ratio of 32.01, a price-to-earnings-growth ratio of 2.13 and a beta of 1.06. The company has a current ratio of 2.32, a quick ratio of 1.60 and a debt-to-equity ratio of 0.57.

Arcosa (NYSE:ACA) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.13 by $0.38. Arcosa had a return on equity of 8.52% and a net margin of 7.88%.The firm had revenue of $571.70 million for the quarter, compared to the consensus estimate of $642.40 million. During the same quarter in the previous year, the business earned $0.49 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities analysts anticipate that Arcosa will post 4.25 earnings per share for the current year.

Institutional Trading of Arcosa

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ACA. State of Wyoming purchased a new stake in Arcosa in the first quarter worth $30,000. GHP Investment Advisors Inc. purchased a new position in Arcosa during the 1st quarter valued at $32,000. Farther Finance Advisors LLC raised its holdings in Arcosa by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 307 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares in the last quarter. Quarry LP raised its holdings in Arcosa by 160.0% in the 3rd quarter. Quarry LP now owns 403 shares of the company’s stock worth $38,000 after purchasing an additional 248 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Arcosa by 392.5% in the 4th quarter. Allworth Financial LP now owns 394 shares of the company’s stock worth $42,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Arcosa News Summary

Here are the key news stories impacting Arcosa this week:

• Positive Sentiment: CRH agreed to buy Arcosa, Inc. (ACA) for $150 per share in cash, giving shareholders a sizable premium and likely setting a near-term floor under the stock. CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B
• Positive Sentiment: Market coverage highlighted Arcosa’s shares jumping on the takeover news, reflecting investor enthusiasm for the premium buyout price. Arcosa Stock Rises on $8.5 Billion Acquisition by CRH
• Positive Sentiment: The deal could benefit CRH by expanding its aggregates footprint and infrastructure exposure, which supports the strategic rationale for completing the transaction. Is CRH’s $8.5 Billion Arcosa Acquisition a Game Changer?
• Neutral Sentiment: Several law firms announced investigations into whether Arcosa’s board secured a fair price for shareholders, which could create legal headlines but does not change the announced deal terms yet.
• Neutral Sentiment: One commentary noted the stock looks overvalued after the rally, suggesting upside may be capped near the deal price if no higher bid emerges.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries’ construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company’s Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.