Arcosa, Inc. (NYSE:ACA) Receives Consensus Rating of “Hold” from Analysts

Arcosa, Inc. (NYSE:ACA) has received an average rating of “Hold” from the seven research firms that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $141.25.

A number of equities analysts have weighed in on the stock. Weiss Ratings lowered shares of Arcosa from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Oppenheimer cut shares of Arcosa from an “outperform” rating to a “market perform” rating in a research note on Friday, June 26th. Wall Street Zen upgraded shares of Arcosa from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Texas Capital downgraded shares of Arcosa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Barclays increased their price target on Arcosa from $115.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th.

Institutional Trading of Arcosa

Institutional investors have recently made changes to their positions in the business. State of Wyoming purchased a new position in Arcosa in the 1st quarter worth approximately $30,000. GHP Investment Advisors Inc. bought a new stake in shares of Arcosa during the first quarter valued at approximately $32,000. Farther Finance Advisors LLC raised its position in shares of Arcosa by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 307 shares of the company’s stock valued at $33,000 after buying an additional 130 shares during the last quarter. Quarry LP lifted its holdings in shares of Arcosa by 160.0% in the third quarter. Quarry LP now owns 403 shares of the company’s stock worth $38,000 after buying an additional 248 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Arcosa by 392.5% in the fourth quarter. Allworth Financial LP now owns 394 shares of the company’s stock worth $42,000 after buying an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Arcosa Trading Up 0.0%

Shares of NYSE:ACA opened at $144.84 on Monday. The stock has a 50 day moving average of $139.82 and a 200 day moving average of $124.83. The company has a market cap of $7.11 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 2.18 and a beta of 1.05. The company has a current ratio of 3.12, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48. Arcosa has a 12-month low of $87.81 and a 12-month high of $146.92.

Arcosa (NYSE:ACA) last released its earnings results on Wednesday, August 5th. The company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.05). Arcosa had a return on equity of 7.90% and a net margin of 17.90%.The firm had revenue of $658.70 million for the quarter, compared to the consensus estimate of $687.50 million. During the same quarter in the previous year, the business posted $1.27 EPS. Arcosa’s revenue was down 10.6% on a year-over-year basis. As a group, equities research analysts expect that Arcosa will post 4.16 EPS for the current year.

Arcosa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.1%. Arcosa’s dividend payout ratio is 2.00%.

About Arcosa

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.