Sidoti Research Analysts Cut Earnings Estimates for Arcosa

Arcosa, Inc. (NYSE:ACA) – Equities research analysts at Sidoti cut their Q2 2027 earnings per share estimates for shares of Arcosa in a report released on Monday, May 4th. Sidoti analyst J. Romero now anticipates that the company will earn $1.41 per share for the quarter, down from their prior estimate of $1.46. The consensus estimate for Arcosa’s current full-year earnings is $3.40 per share.

ACA has been the subject of several other reports. Wall Street Zen downgraded Arcosa from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Zacks Research downgraded Arcosa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 28th. Texas Capital upgraded Arcosa to a “strong-buy” rating in a research note on Friday, March 27th. Weiss Ratings raised shares of Arcosa from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Finally, DA Davidson increased their target price on shares of Arcosa from $120.00 to $125.00 and gave the company a “buy” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $132.50.

Arcosa Stock Down 1.0%

Shares of NYSE ACA opened at $123.48 on Tuesday. The stock has a market capitalization of $6.06 billion, a P/E ratio of 27.26, a P/E/G ratio of 2.29 and a beta of 1.08. The company has a 50-day moving average price of $111.65 and a 200-day moving average price of $109.50. Arcosa has a 1 year low of $81.59 and a 1 year high of $131.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.32 and a quick ratio of 1.60.

Arcosa (NYSE:ACA) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.51 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $642.40 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis.

Arcosa Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th were given a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.2%. Arcosa’s payout ratio is currently 4.72%.

Institutional Investors Weigh In On Arcosa

Large investors have recently modified their holdings of the stock. First Horizon Corp bought a new position in Arcosa during the third quarter valued at $32,000. GHP Investment Advisors Inc. purchased a new position in shares of Arcosa during the 1st quarter valued at $32,000. Salomon & Ludwin LLC bought a new position in shares of Arcosa during the 3rd quarter worth $33,000. Farther Finance Advisors LLC increased 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 acquiring an additional 130 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in Arcosa by 47.8% in the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company’s stock valued at $35,000 after acquiring an additional 119 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

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.