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 May 14, 2024, ACA stock price climbed to $87.84 with 5,230 million shares trading.

ACA has a beta of 0.91, meaning it tends to be less sensitive to market movements. ACA has a correlation of 0.23 to the broad based SPY ETF.

ACA has a market cap of $4.27 billion. This is considered a Mid Cap stock.

Last quarter Arcosa Common reported $599 million in Revenue and $.73 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.21.

In the last 3 years, ACA stock traded as high as $89.17 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 stock has underperformed the market in the last year with a return of +27.8%, while SPY returned +28.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACA shares. However, ACA has outperformed the market in the last 3 month and 2 week periods, returning +10.0% and +12.3%, while SPY returned +6.0% and +2.4%, respectively. This indicates ACA has been having a stronger performance recently.

ACA support price is $86.18 and resistance is $89.08 (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.