Deutsche Bank Upgrade AECOM [ACM]. What else is Wall St. saying?

AECOM [NYSE: ACM] gained 0.55% or 0.21 points to close at $38.70 with a heavy trading volume of 1213594 shares. The company report on August 20, 2020 that AECOM leads industry on the Engineering News Record’s 2020 Top 200 Environmental Firms list for the fifth year in a row.

AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced that it has ranked #1 in Engineering News Record’s (ENR’s) 2020 Top 200 Environmental Firms, marking the fifth year in a row that AECOM has topped the global analysis.

“Our clients rely on us to bring the best teams and the industry’s most innovative solutions to address their evolving environmental requirements,” said Lara Poloni, AECOM’s president. “This has never been truer than it is now as our clients navigate greater uncertainties due to the coronavirus pandemic and increased emphasis on environmental stewardship, and our digital solutions are enabling seamless delivery and strong client satisfaction.”.

It opened the trading session at $38.10, the shares rose to $38.87 and dropped to $38.10, the range by which the price of stock traded the whole day. The daily chart for ACM points out that the company has recorded -25.46% loss over the past six months. However, it is still -77.85% lower than its most recent low trading price.

If we look at the average trading volume of 1.34M shares, ACM reached to a volume of 1213594 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about AECOM [ACM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACM shares is $46.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACM stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for AECOM shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 05, 2019. The new note on the price target was released on October 14, 2019, representing the official price target for AECOM stock. Previously, the target price had yet another raise to $44, while Argus analysts kept a Buy rating on ACM stock.

The Average True Range (ATR) for AECOM is set at 0.94, with the Price to Sales ratio for ACM stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 1.65. Price to Free Cash Flow for ACM in the course of the last twelve months was 16.94 with Quick ratio for the last quarter at 1.30.

Trading performance analysis for ACM stock

AECOM [ACM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.31. With this latest performance, ACM shares gained by 3.73% in over the last four-week period, additionally sinking by -25.46% over the last 6 months – not to mention a rise of 14.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ACM stock in for the last two-week period is set at 55.16, with the RSI for the last a single of trading hit 56.79, and the three-weeks RSI is set at 54.01 for AECOM [ACM]. The present Moving Average for the last 50 days of trading for this stock 37.59, while it was recorded at 38.56 for the last single week of trading, and 39.63 for the last 200 days.

AECOM [ACM]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and AECOM [ACM] shares currently have an operating margin of +3.30 and a Gross Margin at +4.16. AECOM’s Net Margin is presently recorded at -1.29.

Return on Total Capital for ACM is now 8.75, given the latest momentum, and Return on Invested Capital for the company is -3.59. Return on Equity for this stock declined to -6.71, with Return on Assets sitting at -1.79. When it comes to the capital structure of this company, AECOM [ACM] has a Total Debt to Total Equity ratio set at 92.21. Additionally, ACM Total Debt to Total Capital is recorded at 47.97, with Total Debt to Total Assets ending up at 23.53. Long-Term Debt to Equity for the company is recorded at 89.03, with the Long-Term Debt to Total Capital now at 46.32.

Reflecting on the efficiency of the workforce at the company, AECOM [ACM] managed to generate an average of -$3,035 per employee. Receivables Turnover for the company is 3.53 with a Total Asset Turnover recorded at a value of 1.38.AECOM’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

AECOM [ACM]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, AECOM posted 0.79/share EPS, while the average EPS was predicted by analysts to be reported at 0.8/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AECOM go to 13.20%.

An analysis of insider ownership at AECOM [ACM]

There are presently around $5,479 million, or 92.10% of ACM stock, in the hands of institutional investors. The top three institutional holders of ACM stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 22,713,471, which is approximately -3.543% of the company’s market cap and around 0.70% of the total institutional ownership; FMR LLC, holding 19,751,572 shares of the stock with an approximate value of $764.39 million in ACM stocks shares; and VANGUARD GROUP INC, currently with $548.24 million in ACM stock with ownership of nearly 0.091% of the company’s market capitalization.

Positions in AECOM stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 160 institutional holders increased their position in AECOM [NYSE:ACM] by around 20,226,279 shares. Additionally, 172 investors decreased positions by around 19,841,990 shares, while 46 investors held positions by with 101,511,462 shares. The mentioned changes placed institutional holdings at 141,579,731 shares, according to the latest SEC report filing. ACM stock had 64 new institutional investments in for a total of 9,571,017 shares, while 53 institutional investors sold positions of 3,280,797 shares during the same period.

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