Back to top

Analyst Blog

Leading provider of professional technical and management support services for public and private clients AECOM Technology Corporation (ACM - Analyst Report) was recently awarded a $49 million contract by the U.S. Agency for International Development’s Office of Transition Initiatives (USAID/OTI) for the Mali Transition Initiative (MTI). The MTI program aims to promote peace and stability in Mali, West Africa.

AECOM will be acting as the implementing partner for the three-year MTI program. As per the agreement, AECOM is expected to assist the U.S. government in reinstating democracy in Mali and making information freely available to the public.

The MTI program will also focus on providing immediate stability in Northern Mali with the re-establishment of the region’s governance structures.

The contract will be included in the Management Support Services (MSS) segment of AECOM, which primarily offers program and facilities management and maintenance, training, logistics, consulting, technical assistance and systems integration services for the U.S. government. The MSS segment contributed $0.9 million or 11% of total consolidated revenue during fiscal 2012.

Based in Los Angeles, California, AECOM provides services to diversified markets such as transportation, facilities, environmental, energy and government. The company has around 45,000 employees to serve its clients, which are spread in more than 140 countries.  AECOM reported revenues of $1.9 billion during its last quarter.

AECOM currently carries a Zacks Rank #3 (Hold). Some better-placed stocks in the construction sector that are worth a look include DR Horton Inc. (DHI - Analyst Report), Dycom Industries Inc. (DY - Analyst Report) and Eagle Materials Inc. (EXP - Snapshot Report). All these stocks carry a Zacks Rank #1 (Strong Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SUPER MICRO… SMCI 27.00 +10.25%
CANADIAN SO… CSIQ 38.34 +8.18%
BANCO DO BR… BDORY 16.78 +8.05%
CENTURY ALU… CENX 26.97 +7.97%
WILLDAN GRO… WLDN 11.38 +5.86%