ACM Stock Summary and Trading Ideas (Aecom | NYSE:ACM)

Aecom is one of the largest global providers of design, engineering, construction, and management services. It serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.

Aecom trades on the NYSE stock market under the symbol ACM.

As of April 15, 2024, ACM stock price climbed to $93.69 with 409,424 million shares trading.

ACM has a beta of 1.10, meaning it tends to be more sensitive to market movements. ACM has a correlation of 0.41 to the broad based SPY ETF.

ACM has a market cap of $12.74 billion. This is considered a Large Cap stock.

Last quarter Aecom reported $3 billion in Revenue and $1.05 earnings per share. This fell short of revenue expectation by $-278 million and exceeded earnings estimates by $.10.

In the last 3 years, ACM stock traded as high as $98.72 and as low as $58.36.

The top ETF exchange traded funds that ACM belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

ACM has underperformed the market in the last year with a price return of +14.7% while the SPY ETF gained +25.3%. ACM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.5% and -4.5%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

ACM support price is $92.37 and resistance is $94.85 (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 ACM stock will trade within this expected range on the day.