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Truist Financial Initiates AECOM Technology(ACM.US) With Buy Rating

Futu News ·  Nov 19 20:31  · Ratings

Truist Financial analyst Michael Ciarmoli initiates coverage on $AECOM Technology (ACM.US)$ with a buy rating.

According to TipRanks data, the analyst has a success rate of 66.4% and a total average return of 17.2% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $AECOM Technology (ACM.US)$'s main analysts recently are as follows:

  • Aecom's fourth quarter displayed some high quality characteristics and showed visibility to stable growth for FY25, albeit with expectations of stronger performance in the latter half. The firm's recent 18% dividend increase signals a strong confidence in its business model.

  • The F4Q24 report demonstrated strong margin outperformance, enabling a profit exceedance despite a softer revenue outcome. Improved guidance along with some modest positive surprises were also noted.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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