Sidoti Equities Analysts Lower Earnings Estimates for Arcosa

Arcosa, Inc. (NYSE:ACA) – Equities research analysts at Sidoti lowered their FY2026 earnings per share (EPS) estimates for shares of Arcosa in a report released on Thursday, August 6th. Sidoti analyst J. Romero now expects that the company will post earnings of $4.16 per share for the year, down from their prior forecast of $4.25. The consensus estimate for Arcosa’s current full-year earnings is $4.25 per share.

Other research analysts also recently issued reports about the stock. Barclays increased their target price on shares of Arcosa from $115.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Zacks Research raised shares of Arcosa from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Oppenheimer downgraded shares of Arcosa from an “outperform” rating to a “market perform” rating in a report on Friday, June 26th. Stephens set a $150.00 target price on shares of Arcosa in a research report on Thursday. Finally, Texas Capital lowered Arcosa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $141.25.

Arcosa Stock Performance

Shares of ACA stock opened at $144.91 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.60 and a current ratio of 2.32. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 14.52, a P/E/G ratio of 2.14 and a beta of 1.05. Arcosa has a 52 week low of $84.96 and a 52 week high of $146.92. The firm’s 50-day simple moving average is $139.46 and its two-hundred day simple moving average is $124.62.

Arcosa (NYSE:ACA) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.05). Arcosa had a return on equity of 8.17% and a net margin of 17.90%.The company had revenue of $658.70 million during the quarter, compared to analysts’ expectations of $687.50 million. During the same period last year, the firm posted $1.27 earnings per share. Arcosa’s quarterly revenue was down 10.6% compared to the same quarter last year.

Arcosa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were issued a dividend of $0.05 per share. The ex-dividend date 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 4.42%.

Institutional Investors Weigh In On Arcosa

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of Arcosa by 2,770.5% in the fourth quarter. Franklin Resources Inc. now owns 736,018 shares of the company’s stock worth $78,253,000 after acquiring an additional 710,377 shares during the last quarter. Norges Bank bought a new position in shares of Arcosa during the fourth quarter valued at $68,225,000. Bank of New York Mellon Corp purchased a new position in shares of Arcosa in the 2nd quarter worth about $50,804,000. T. Rowe Price Investment Management Inc. raised its position in shares of Arcosa by 25.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,707,884 shares of the company’s stock worth $181,583,000 after purchasing an additional 342,242 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Arcosa by 80.5% in the 2nd quarter. Bank of America Corp DE now owns 465,140 shares of the company’s stock worth $40,332,000 after purchasing an additional 207,457 shares during the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

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.