ACA Stock Summary and Trading Ideas (Arcosa Common | NYSE:ACA)

Arcosa Inc is a manufacturer and producer of infrastructure-related products and services. It operates in three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment produces and sells construction aggregates and manufactures and sells trench shields and shoring products and services for infrastructure-related projects. The Transportation Products segment manufactures and sells products for the inland waterway and rail transportation industries. The Engineered Structures segment manufactures and sells products for energy-related businesses, including structural wind towers, telecommunication structures, steel utility structures for electricity transmission and distribution, and storage and distribution containers.

Arcosa Common trades on the NYSE stock market under the symbol ACA.

As of April 24, 2024, ACA stock price declined to $76.86 with 220,641 million shares trading.

ACA has a beta of 0.90, meaning it tends to be less sensitive to market movements. ACA has a correlation of 0.22 to the broad based SPY ETF.

ACA has a market cap of $3.73 billion. This is considered a Mid Cap stock.

Last quarter Arcosa Common reported $582 million in Revenue and $.68 earnings per share. This beat revenue expectation by $28 million and exceeded earnings estimates by $.19.

In the last 3 years, ACA stock traded as high as $89.07 and as low as $43.42.

The top ETF exchange traded funds that ACA belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

ACA has outperformed the market in the last year with a return of +29.6%, while the SPY ETF gained +24.1%. However, in the most recent history, ACA shares have underperformed the stock market with its stock returning +0.3% in the last 3 month period and -5.6% for the last 2 week period, while SPY has returned +4.5% and -1.7%, respectively.

ACA support price is $76.25 and resistance is $79.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACA stock will trade within this expected range on the day.