Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Leading professional technical and management support services provider AECOM Technology Corporation (ACM - Analyst Report) recently procured a contract from Tatweer Buildings Company to provide consultancy services for its huge construction program. The three-year consulting deal is worth $21 million.

AECOM will assist Tatweer Buildings Company, a subsidiary of Tatweer Holding Company, to develop its internal project and program management capabilities in order to establish 2,100 educational facilities throughout the Kingdom of Saudi Arabia (KSA). AECOM will support Tatweer Buildings in setting up primary and secondary educational facilities in all the 13 provinces of Saudi Arabia.

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. The MSS segment contributed $0.9 million or 11% of total consolidated revenue during fiscal 2012.

AECOM is believed to be well-equipped to work on such educational programs for the overall upliftment for school facilities. The recent contract win is a combined effort of AECOM teams based in KSA, the United Arab Emirates and North America.

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 spread across 140 countries.

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). While DR Horton carries a Zacks Rank #1 (Strong Buy), both Dycom and Eagle carry a Zacks Rank #2 (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

Learn more

Start for as little as $4.50 per trade.

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
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%