Alert: Rating Upgrade (12/15/23)-AECOM (NYSE: ACM).

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Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for AECOM (NYSE: ACM) improved recently. ACM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.

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Recent Price Action

On 12/15/23, AECOM (NYSE: ACM) stock declined modestly by -1.1%, closing at $92.28. Moreover, exceptionally high trading volume at 244% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 0.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ACM is expected to continue to be a major Value Builder.

AECOM has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AECOM has a very low Appreciation Score of 12 but a good Power Rating of 77, with the Low Neutral Value Trend Rating the result.

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