Aecom’s Trend Down, Especially After This Options Activity

 Aecom's Trend Down, Especially After This Options Activity

In today’s session Aecom (ACM) recorded an unusually high (218) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious ACM decrease. With 218 contracts traded and 2254 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: ACM161216P00035000 closed last at: $0.65 or 44.4% up. About 351,824 shares traded hands. Aecom (NYSE:ACM) has risen 12.64% since April 28, 2016 and is uptrending. It has outperformed by 6.72% the S&P500.

Analysts await Aecom (NYSE:ACM) to report earnings on February, 14. They expect $0.50 EPS, down 26.47% or $0.18 from last year’s $0.68 per share. ACM’s profit will be $77.20 million for 18.49 P/E if the $0.50 EPS becomes a reality. After $0.65 actual EPS reported by Aecom for the previous quarter, Wall Street now forecasts -23.08% negative EPS growth.

Aecom (NYSE:ACM) Ratings Coverage

Out of 8 analysts covering Aecom Technology (NYSE:ACM), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $38 is the highest target while $29 is the lowest. The $36.25 average target is -1.97% below today’s ($36.98) stock price. Aecom Technology has been the topic of 16 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, August 22 by Deutsche Bank. Argus Research upgraded the shares of ACM in a report on Tuesday, November 15 to “Buy” rating. The stock of Aecom (NYSE:ACM) has “Outperform” rating given on Wednesday, August 12 by Credit Suisse. The firm has “Neutral” rating by DA Davidson given on Wednesday, August 10. The stock of Aecom (NYSE:ACM) earned “Hold” rating by BB&T Capital on Monday, March 21. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, November 15 report. The rating was maintained by Argus Research on Monday, November 23 with “Buy”. The rating was initiated by Citigroup with “Buy” on Friday, November 13. The firm has “Buy” rating given on Tuesday, August 18 by Argus Research. On Thursday, March 10 the stock rating was initiated by Sterne Agee CRT with “Buy”.

According to Zacks Investment Research, “AECOM designs, builds, finances and operates infrastructure assets for governments, businesses and organizations. The Company’s services include consulting, planning, architecture, engineering, construction management, project management, asset management, environmental services and design-build services. AECOM, formerly known as AECOM Technology Corporation, is headquartered in Los Angeles, California.”

Insitutional Activity: The institutional sentiment decreased to 1.18 in Q2 2016. Its down 0.15, from 1.33 in 2016Q1. The ratio worsened, as 23 funds sold all Aecom shares owned while 73 reduced positions. 37 funds bought stakes while 91 increased positions. They now own 127.23 million shares or 0.83% more from 126.18 million shares in 2016Q1.
Towle And owns 120 shares or 0% of their US portfolio. Blackrock Advsrs Lc has invested 0.06% of its portfolio in Aecom (NYSE:ACM). Moreover, Old Mutual Customised Solutions (Proprietary) has 0.03% invested in Aecom (NYSE:ACM) for 3,948 shares. Mycio Wealth Limited Liability Co holds 0% of its portfolio in Aecom (NYSE:ACM) for 181 shares. Moreover, Finemark Bank & Trust Trust has 0% invested in Aecom (NYSE:ACM) for 100 shares. Profund Advsr Ltd Co holds 30,863 shares or 0.05% of its portfolio. Primecap Mngmt Company Ca has 7.54 million shares for 0.26% of their US portfolio. Alexandria Ltd Liability Corporation reported 163 shares or 0% of all its holdings. Tru Of Vermont has 0% invested in the company for 1,000 shares. Opus Group Limited Co has 1.08% invested in the company for 153,125 shares. Northern holds 0.01% of its portfolio in Aecom (NYSE:ACM) for 1.16M shares. Moreover, Great West Life Assurance Can has 0% invested in Aecom (NYSE:ACM) for 17,311 shares. The Maryland-based Howard Hughes Medical Institute has invested 0.21% in Aecom (NYSE:ACM). Alliancebernstein Lp last reported 0.08% of its portfolio in the stock. The New York-based Bluemountain Mgmt Limited Liability Com has invested 0.07% in Aecom (NYSE:ACM).

Insider Transactions: Since June 15, 2016, the stock had 0 insider buys, and 11 sales for $8.14 million net activity. $1.05 million worth of Aecom (NYSE:ACM) shares were sold by Burke Michael S. Another trade for 3,000 shares valued at $111,000 was made by Werner Frederick W on Monday, November 14. 18,478 Aecom (NYSE:ACM) shares with value of $598,872 were sold by Tishman Daniel R.. Donnelly Michael John sold $205,200 worth of Aecom (NYSE:ACM) on Wednesday, July 27.

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The company has a market cap of $5.71 billion. The Company’s divisions include design and consulting services , construction services (CS) and management services (MS). It has a 60.19 P/E ratio. The Company’s DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

ACM Company Profile

AECOM, formerly AECOM Technology Corporation, incorporated on January 31, 1980, designs, builds, finances and operates infrastructure assets for governments, businesses and organizations around the world. The Firm provides program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology (IT) services. The Firm operates through three divisions: Design and Consulting Services (DCS), Construction Services (CS) and Management Services (MS). The Company’s clients consist primarily of national, state, regional and local governments, public and private institutions, and firms. In addition, the Company formed AECOM Capital, an investment fund to invest in public-private partnership (P3) and private-sector real estate projects for which it provides an integrated solution that includes equity capital, design, engineering and construction services.

More notable recent Aecom (NYSE:ACM) news were published by: Bizjournals.com which released: “Houston energy president: ‘You can only cost cut so far'” on November 30, 2016, also Wsj.com with their article: “Aecom Not Waiting for Trump Bump In Construction” published on November 14, 2016, Fool.com published: “Why AECOM Technology Stock Spiked 14.8% Today” on November 14, 2016. More interesting news about Aecom (NYSE:ACM) were released by: Tri-Cityherald.com and their article: “Hanford contractors to pay $125 million settlement” published on November 23, 2016 as well as Latimes.com‘s news article titled: “CEO of Aecom, builder of Rams’ stadium, sees big business in Trump’s …” with publication date: November 17, 2016.

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