AECOM (NYSE:ACM) shares, rose in value on Friday, January 24, with the stock price up by 0.76% to the previous day’s close as strong demand from buyers drove the stock to $109.15.
Actively observing the price movement in the last trading, the stock closed the session at $108.33, falling within a range of $107.95 and $109.53. The value of beta (5-year monthly) was 1.168 whereas the PE ratio was 36.95 over 12-month period. Referring to stock’s 52-week performance, its high was $118.56, and the low was $82.23. On the whole, ACM has fluctuated by 1.07% over the past month.
With the market capitalization of AECOM currently standing at about $14.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.92, with its dividend yield at 0.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.07B, with a low estimate of 4.08B and a high estimate of 4.14B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.11B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.26, with the price of ACM currently trading nearly 0.89% and -1.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.43, while the 7-day volatility ratio is showing 1.77% which for the 30-day chart, stands at 1.88%. Furthermore, AECOM (ACM)’s beta value is 1.19, and its average true range (ATR) is 2.15.
A comparison of AECOM (ACM) with its peers suggests the former has fared considerably weaker in the market. ACM showed an intraday change of 0.76% in last session, and over the past year, it grew by 23.67%%.
Data on historical trading for AECOM (NYSE:ACM) indicates that the trading volumes over the past 10 days have averaged 1.19 and over the past 3 months, they’ve averaged 883.40K. According to company’s latest data on outstanding shares, there are 132.55 million shares outstanding.
Nearly 0.41% of AECOM’s shares belong to company insiders and institutional investors own 89.48% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.87 million shares as on 2024-10-31, resulting in a short ratio of 3.01. According to the data, the short interest in AECOM (ACM) stood at 184.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 3.08 million. The stock has risen by 2.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACM stock heading into the next quarter.
