AECOM (ACM) Shares Down Despite Recent Market Volatility

AECOM (NYSE: ACM) has seen a decline in its stock price by -4.72 in relation to its previous close of 112.51. However, the company has experienced a -3.18% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-07 that FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its third quarter ended September 30, 2024.

Is It Worth Investing in AECOM (NYSE: ACM) Right Now?

The price-to-earnings ratio for AECOM (NYSE: ACM) is 57.62x, which is above its average ratio. Moreover, the 36-month beta value for ACM is 1.16. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for ACM is 133.52M and currently, short sellers hold a 1.40% of that float. On November 15, 2024, ACM’s average trading volume was 747.05K shares.

ACM’s Market Performance

ACM stock saw a decrease of -3.18% in the past week, with a monthly decline of -0.06% and a quarterly a decrease of 11.13%. The volatility ratio for the week is 2.56%, and the volatility levels for the last 30 days are 2.14% for AECOM (ACM). The simple moving average for the last 20 days is -1.20% for ACM stock, with a simple moving average of 13.23% 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 2.71% 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 -7.38% of loss for the given period.

Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares sank -0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.13% upper at present.

During the last 5 trading sessions, ACM fell by -3.18%, which changed the moving average for the period of 200-days by +21.56% in comparison to the 20-day moving average, which settled at $108.50. In addition, AECOM saw 15.98% 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 Kapoor Gaurav, who sale 42,400 shares at the price of $115.34 back on Nov 06 ’24. After this action, Kapoor Gaurav now owns 31,228 shares of AECOM, valued at $4,890,416 using the latest closing price.

Kapoor Gaurav, the Officer of AECOM, proposed sale 42,400 shares at $115.34 during a trade that took place back on Nov 06 ’24, which means that Kapoor Gaurav is holding shares at $4,890,550 based on the most recent closing price.

Stock Fundamentals for ACM

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.07 for the gross margin

The net margin for AECOM stands at 0.02. The total capital return value is set at 0.12. Equity return is now at value 15.63, with 3.17 for asset returns.

Based on AECOM (ACM), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.07. The interest coverage ratio of the stock is 3.78.

Currently, EBITDA for the company is 543.64 million with net debt to EBITDA at 1.58. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 3.44for 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 1.13.

Conclusion

To wrap up, the performance of AECOM (ACM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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