Wall Street brokerages expect that Aecom (NYSE:ACM) will post $5.26 billion in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Aecom’s earnings. The highest sales estimate is $5.52 billion and the lowest is $5.11 billion. Aecom reported sales of $4.86 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 8.2%. The firm is expected to report its next earnings results before the market opens on Monday, November 12th.

On average, analysts expect that Aecom will report full-year sales of $20.11 billion for the current year, with estimates ranging from $19.96 billion to $20.36 billion. For the next fiscal year, analysts anticipate that the company will report sales of $20.92 billion, with estimates ranging from $20.42 billion to $21.43 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Aecom.

Aecom (NYSE:ACM) last posted its quarterly earnings results on Tuesday, August 7th. The construction company reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. Aecom had a net margin of 0.72% and a return on equity of 9.86%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.88 billion. During the same period in the prior year, the company posted $0.78 EPS.

A number of research firms have recently weighed in on ACM. Citigroup lowered their price target on shares of Aecom from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, August 8th. Zacks Investment Research raised shares of Aecom from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. Credit Suisse Group lowered their price target on shares of Aecom from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 8th. Argus cut shares of Aecom from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Finally, ValuEngine raised shares of Aecom from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. Aecom currently has a consensus rating of “Hold” and an average price target of $35.67.

Shares of NYSE:ACM traded down $0.76 on Friday, reaching $32.72. 993,109 shares of the company were exchanged, compared to its average volume of 984,011. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.87. Aecom has a 1-year low of $29.13 and a 1-year high of $39.90. The stock has a market cap of $5.40 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 2.20 and a beta of 1.58.

In related news, insider Lara Poloni sold 1,607 shares of the stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $32.49, for a total value of $52,211.43. Following the sale, the insider now directly owns 2,288 shares of the company’s stock, valued at approximately $74,337.12. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.74% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Bank of Australia grew its stake in Aecom by 7.2% in the 2nd quarter. Commonwealth Bank of Australia now owns 28,335 shares of the construction company’s stock valued at $932,000 after acquiring an additional 1,900 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Aecom by 15.2% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 264,578 shares of the construction company’s stock valued at $8,739,000 after purchasing an additional 34,841 shares in the last quarter. BlackRock Inc. lifted its holdings in Aecom by 2.9% in the 2nd quarter. BlackRock Inc. now owns 13,294,925 shares of the construction company’s stock valued at $439,132,000 after purchasing an additional 375,863 shares in the last quarter. Putnam Investments LLC purchased a new position in Aecom in the 2nd quarter valued at about $3,756,000. Finally, Mutual of America Capital Management LLC lifted its holdings in Aecom by 4.9% in the 2nd quarter. Mutual of America Capital Management LLC now owns 137,925 shares of the construction company’s stock valued at $4,556,000 after purchasing an additional 6,462 shares in the last quarter. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

About Aecom

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.

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Earnings History and Estimates for Aecom (NYSE:ACM)

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