For its second fiscal quarter (ending March 31), AECOM (NYSE: ACM) has reported a -4% decline in E.P.S. from $0.85 a year ago to $0.82 in the current quarter. This performance was $-0.36 short of the consensus estimate of $1.18. E.P.S. were $0.88 for the latest four quarters through March 31 versus $3.07 for the same period a year ago — a decline of -71%.
Recent Price Action
AECOM (NYSE: ACM) stock closed at $96.29 on 5/6/24 after an increase of 1.7%. Moreover, trading volume in this advance was above average at 140% of normal. The stock has risen 2.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ACM is expected to continue to be a major Value Builder.
AECOM has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AECOM has a very low Appreciation Score of 13 but a slightly positive Power Rating of 69, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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