Wall Street brokerages expect Aecom (NYSE:ACM) to post $0.82 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Aecom’s earnings. The lowest EPS estimate is $0.77 and the highest is $0.87. Aecom posted earnings per share of $0.74 in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.8%. The company is scheduled to announce its next earnings results on Monday, November 12th.

On average, analysts expect that Aecom will report full-year earnings of $2.68 per share for the current financial year, with EPS estimates ranging from $2.62 to $2.72. For the next fiscal year, analysts anticipate that the company will post earnings of $3.00 per share, with EPS estimates ranging from $2.88 to $3.10. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Aecom.

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

A number of research firms have recently issued reports on ACM. Citigroup dropped their price objective 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 upgraded shares of Aecom from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. Argus lowered shares of Aecom from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Credit Suisse Group dropped their price objective 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. Finally, TheStreet lowered shares of Aecom from a “b” rating to a “c+” rating in a research note on Tuesday, May 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $36.40.

Shares of ACM stock opened at $33.57 on Friday. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 2.21 and a beta of 1.67. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.20 and a current ratio of 1.20. Aecom has a fifty-two week low of $30.15 and a fifty-two week high of $39.90.

In related news, EVP Carla J. Christofferson sold 1,000 shares of Aecom stock in a transaction on Friday, July 6th. The shares were sold at an average price of $33.00, for a total value of $33,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chuan-Sheng Chiao sold 19,700 shares of Aecom stock in a transaction on Monday, June 4th. The stock was sold at an average price of $33.39, for a total transaction of $657,783.00. Following the completion of the sale, the insider now owns 39,816 shares of the company’s stock, valued at approximately $1,329,456.24. The disclosure for this sale can be found here. Insiders have sold 22,400 shares of company stock worth $747,410 in the last quarter. Insiders own 0.74% of the company’s stock.

Several large investors have recently modified their holdings of the stock. Global X Management Co LLC increased its stake in shares of Aecom by 17.9% in the second quarter. Global X Management Co LLC now owns 38,712 shares of the construction company’s stock worth $1,279,000 after buying an additional 5,882 shares during the last quarter. Verition Fund Management LLC bought a new stake in shares of Aecom in the second quarter worth $813,000. California Public Employees Retirement System increased its stake in shares of Aecom by 22.9% in the second quarter. California Public Employees Retirement System now owns 443,257 shares of the construction company’s stock worth $14,641,000 after buying an additional 82,480 shares during the last quarter. Putnam Investments LLC bought a new stake in shares of Aecom in the second quarter worth $3,756,000. Finally, Moneta Group Investment Advisors LLC bought a new stake in shares of Aecom in the second quarter worth $185,000. Institutional investors and hedge funds own 84.22% of the company’s stock.

Aecom Company Profile

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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