RBC Capital analyst Sabahat Khan maintains $AECOM Technology (ACM.US)$ with a buy rating, and adjusts the target price from $113 to $124.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 6.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $AECOM Technology (ACM.US)$'s main analysts recently are as follows:
Since 2020, Aecom has strategically realigned its business, moving away from self-perform at-risk construction to focus more on areas where it holds technical expertise and competitive advantage. This shift has resulted in a more selectively curated portfolio with enhanced win rates on increasingly complex projects, reduced exposure to fixed-price contracts, and a broader potential market.
Aecom demonstrated that superior quality attributes were advantageous in its fourth-quarter performance, ensuring stable growth visible in its financial year 2025 projection even with a focus on the latter half of the year. Additionally, an 18% increase in the dividend indicates a strong belief in the robustness of their business model.
The F4Q24 report indicated significant improvement in margins, leading to a profit surpassing expectations, even though revenue figures were slightly underwhelming. Positive forecasts accompanied by modest surprises were also observed.
Note:
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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.
