AECOM Earnings Taking Wings Due To Record Revenues And Margins
AECOM offers diverse infrastructure consulting services globally, with operations in the Americas, International regions, and AECOM Capital, which focuses on real estate development. It is well positioned in the infrastructure consulting industry, but currently has limited pricing power. AECOM's profitability is recovering, supported by record revenue, strong cash flow, and a solid backlog, making it a Buy recommendation with a target price of $107.05.
Why Is Aecom (ACM) Up 7.2% Since Last Earnings Report?
Aecom (ACM) reported earnings 30 days ago. What's next for the stock?
AECOM Secures Contract For NYPA's Decarbonization Push
ACM secures a pivotal role in NYPA's ambitious VISION2030 decarbonization plan.
Jacobs' Halcrow Signs Consultancy Deal With CEDD in Hong Kong
J's JV to support innovation and technology development, housing, community, and commercial facilities within Northern Metropolis.
AECOM (ACM) Boosts Backlog With New Rail Extension Project From TJPA
The Portal Connectors team, led by AECOM (ACM), wins the contract for the second phase of the Transbay Program in San Francisco.
Is the Options Market Predicting a Spike in AECOM (ACM) Stock?
Investors need to pay close attention to AECOM (ACM) stock based on the movements in the options market lately.
AECOM (ACM) Leads NYSDOT Bronx River Parkway Bridge Project
AECOM (ACM) leads NYSDOT's Bronx River Parkway bridge project, advancing safety and resilience.
ACM Research: Maintaining Strong Buy Rating After Another Strong Quarter
ACMR reported strong Q2 2024 results, with revenue up 40% year-over-year and increased revenue guidance for fiscal year 2024. ACMR's focus on new cleaning products and ECP furnace revenue growth positions them well to penetrate the AI market. Despite risks such as capital allocation and conflicts of interest, ACMR remains significantly undervalued with potential for growth.
ACM Research: A Promising Semiconductor Growth Opportunity Outpacing Risks
ACM Research's stock dropped nearly 40%, but it beat Q2 estimates and raised its fiscal year guidance, showing strong potential for growth. The wafer cleaning equipment market is expected to grow significantly, with ACM Research well-positioned to benefit, especially in China. I have valued the company at $58.6 per share, representing a 233% premium over the current stock price. Even after factoring in the risks, I consider it undervalued.
Why ACM Research Stock Was Climbing Today
ACM Research easily beat estimates on the top and bottom lines. The company continues to see strong demand from China.
AECOM (ACM) Q3 2024 Earnings Call Transcript
AECOM (NYSE:ACM ) Q3 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Will Gabrielski - Senior Vice President, Finance, Treasury & Investor Relations Troy Rudd - Chief Executive Officer Lara Poloni - President Gaurav Kapoor - Chief Financial Officer & Chief Operations Officer Conference Call Participants Andrew Wittmann - Baird Jamie Cook - Truist Securities Sangita Jain - KeyBanc Capital Markets Andrew Kaplowitz - Citigroup Michael Dudas - Vertical Research Operator Good morning and welcome to the AECOM Third Quarter 2024 Conference Call. I would like to inform all participants this call is being recorded at the request of AECOM.
AECOM (ACM) Q3 Earnings Surpass Estimates, Backlog Up Y/Y
AECOM's (ACM) third-quarter fiscal 2024 results reflect solid performance in the reportable segments along with growth in NSR.
