Brokerages expect Aecom (NYSE:ACM) to post sales of $4.78 billion for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Aecom’s earnings, with the highest sales estimate coming in at $4.97 billion and the lowest estimate coming in at $4.66 billion. Aecom reported sales of $4.43 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.9%. The firm is expected to report its next earnings report on Tuesday, May 8th.
On average, analysts expect that Aecom will report full year sales of $4.78 billion for the current financial year, with estimates ranging from $19.61 billion to $20.04 billion. For the next financial year, analysts forecast that the company will post sales of $20.69 billion per share, with estimates ranging from $20.31 billion to $21.16 billion. Zacks’ sales calculations are an average based on a survey of research analysts that cover Aecom.
Aecom (NYSE:ACM) last released its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. Aecom had a net margin of 2.15% and a return on equity of 11.74%. The business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same period in the previous year, the firm earned $0.53 EPS. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year.
In other news, Director James H. Fordyce sold 4,390 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $38.00, for a total transaction of $166,820.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rob J. Routs sold 6,468 shares of the business’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $37.12, for a total value of $240,092.16. Following the sale, the director now owns 18,904 shares of the company’s stock, valued at approximately $701,716.48. The disclosure for this sale can be found here. Insiders have sold a total of 82,486 shares of company stock valued at $3,170,752 in the last quarter. Company insiders own 0.74% of the company’s stock.
Several large investors have recently modified their holdings of the company. MetLife Investment Advisors LLC purchased a new stake in shares of Aecom during the 4th quarter worth about $3,705,000. Jane Street Group LLC purchased a new stake in shares of Aecom during the 4th quarter worth about $1,025,000. Crestline Management LP purchased a new stake in shares of Aecom during the 4th quarter worth about $1,630,000. Meadow Creek Investment Management LLC grew its holdings in shares of Aecom by 19.1% during the 4th quarter. Meadow Creek Investment Management LLC now owns 20,440 shares of the construction company’s stock worth $759,000 after purchasing an additional 3,276 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of Aecom by 170.5% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,391 shares of the construction company’s stock worth $201,000 after purchasing an additional 3,398 shares during the period. Institutional investors and hedge funds own 83.74% of the company’s stock.
Shares of Aecom (NYSE ACM) opened at $36.09 on Wednesday. Aecom has a 1 year low of $30.15 and a 1 year high of $39.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.86. The company has a market cap of $5,830.00, a PE ratio of 12.15, a P/E/G ratio of 2.43 and a beta of 1.70.
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AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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