AECOM Earnings Taking Wings Due To Record Revenues And Margins
ACMAECOM(ACM) Seeking Alpha·2024-09-12 23:40

JHVEPhoto Investment thesis Over much of the past decade, infrastructure consultant AECOM (NYSE:ACM) has chugged along, with its share price growing relatively steadily over the past five years. Now, though, its earnings are picking up as it benefits from investments in its own growth, a robust backlog and pipeline, and several tailwinds. There’s a good possibility its share price may also grow more quickly. I expect the share price to increase 11.72% in the next year and have rated it a Buy. But, there’ ...