AECOM (NYSE: ACM) has experienced a decline in its stock price by -0.45 compared to its previous closing price of 94.01. However, the company has seen a gain of 0.38% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-18 that Investors with an interest in Engineering – R and D Services stocks have likely encountered both M-tron Industries, Inc. (MPTI) and Aecom Technology (ACM). But which of these two companies is the best option for those looking for undervalued stocks?
Is It Worth Investing in AECOM (NYSE: ACM) Right Now?
The price-to-earnings ratio for AECOM (NYSE: ACM) is above average at 209.56x. The 36-month beta value for ACM is also noteworthy at 1.23. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for ACM is 135.37M, and at present, short sellers hold a 0.78% of that float. The average trading volume of ACM on April 26, 2024 was 738.07K shares.
ACM’s Market Performance
ACM stock saw a decrease of 0.38% in the past week, with a monthly decline of -3.38% and a quarterly a decrease of 5.45%. The volatility ratio for the week is 1.54%, and the volatility levels for the last 30 days are 1.65% for AECOM (ACM). The simple moving average for the last 20 days is -1.88% for ACM’s stock, with a simple moving average of 6.50% for the last 200 days.
Analysts’ Opinion of ACM
Many brokerage firms have already submitted their reports for ACM stocks, with Truist repeating the rating for ACM by listing it as a “Buy.” The predicted price for ACM in the upcoming period, according to Truist is $106 based on the research report published on March 14, 2024 of the current year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see ACM reach a price target of $104. The rating they have provided for ACM stocks is “Overweight” according to the report published on January 10th, 2024.
Credit Suisse gave a rating of “Outperform” to ACM, setting the target price at $98 in the report published on January 12th of the previous year.
ACM Trading at 0.77% from the 50-Day Moving Average
After a stumble in the market that brought ACM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.20% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares sank -3.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.38% upper at present.
During the last 5 trading sessions, ACM rose by +0.38%, which changed the moving average for the period of 200-days by +7.19% in comparison to the 20-day moving average, which settled at $95.19. In addition, AECOM saw 1.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACM starting from van ‘t Noordende Alexander M, who sale 2,255 shares at the price of $85.54 back on Feb 06 ’24. After this action, van ‘t Noordende Alexander M now owns 6,957 shares of AECOM, valued at $192,893 using the latest closing price.
Rudd Troy, the CHIEF EXECUTIVE OFFICER of AECOM, sale 25,000 shares at $92.76 during a trade that took place back on Dec 15 ’23, which means that Rudd Troy is holding 259,168 shares at $2,319,054 based on the most recent closing price.
Stock Fundamentals for ACM
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.07 for the gross margin
The net margin for AECOM stands at 0.01. The total capital return value is set at 0.06. Equity return is now at value 5.14, with 1.08 for asset returns.
Based on AECOM (ACM), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.21. The interest coverage ratio of the stock is 2.05.
Currently, EBITDA for the company is 561.15 million with net debt to EBITDA at 2.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 3.48for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In summary, AECOM (ACM) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
