Alert: New Earnings Report (8/5/24)-AECOM (NYSE: ACM).

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For its third fiscal quarter (ending June 30), AECOM (NYSE: ACM) has reported E.P.S. of $0.95 compared to $-0.90 a year ago. This performance was $-0.17 short of the consensus estimate of $1.12. E.P.S. were $2.73 for the latest four quarters through June 30 versus $1.41 for the same period a year ago — an increase of 94%.

Recent Price Action

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AECOM (NYSE: ACM) stock declined modestly by -1.8% on 8/5/24. The stock closed at $86.64. Moreover, this decline was accompanied by above average trading volume at 121% of normal. The stock has declined -4.0% during the last week and has performed in line with 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. AECOM has a neutral Power Rating of 49 but a very low Appreciation Score of 14, resulting in 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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