AECOM (ACM) 20 Days SMA touches -2.35%: The odds favor the bear

A new trading day began on Tuesday, with AECOM (NYSE: ACM) stock price up 0.25% from the previous day of trading, before settling in for the closing price of $93.69. ACM’s price has ranged from $74.40 to $98.72 over the past 52 weeks.

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During the last 5-year period, the sales drop of Industrials Sector giant was -5.32%. Meanwhile, its annual earnings per share averaged 20.89%. With a float of $135.37 million, this company’s outstanding shares have now reached $136.21 million.

Let’s determine the extent of company efficiency that accounts for 52000 employees.

AECOM (ACM) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Engineering & Construction Industry. The insider ownership of AECOM is 0.48%, while institutional ownership is 87.26%. The most recent insider transaction that took place on Feb 06 ’24, was worth 192,893. In this transaction Director of this company sold 2,255 shares at a rate of $85.54, taking the stock ownership to the 6,957 shares. Before that another transaction happened on Dec 15 ’23, when Company’s CHIEF EXECUTIVE OFFICER sold 25,000 for $92.76, making the entire transaction worth $2,319,054. This insider now owns 259,168 shares in total.

AECOM (ACM) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 122.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 20.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.35% during the next five years compared to -14.03% drop over the previous five years of trading.

AECOM (NYSE: ACM) Trading Performance Indicators

Here are AECOM’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 21.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 5.09 in one year’s time.

Technical Analysis of AECOM (ACM)

Looking closely at AECOM (NYSE: ACM), its last 5-days average volume was 0.61 million, which is a drop from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 13.13%. Additionally, its Average True Range was 1.69.

During the past 100 days, AECOM’s (ACM) raw stochastic average was set at 63.77%, which indicates a significant increase from 21.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.83% in the past 14 days, which was lower than the 16.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $92.34, while its 200-day Moving Average is $87.65. However, in the short run, AECOM’s stock first resistance to watch stands at $94.62. Second resistance stands at $95.32. The third major resistance level sits at $96.34. If the price goes on to break the first support level at $92.90, it is likely to go to the next support level at $91.88. Should the price break the second support level, the third support level stands at $91.18.

AECOM (NYSE: ACM) Key Stats

With a market capitalization of 12.77 billion, the company has a total of 136,023K Shares Outstanding. Currently, annual sales are 14,378 M while annual income is 55,330 K. The company’s previous quarter sales were 3,900 M while its latest quarter income was 94,440 K.