We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is AECOM (ACM) Stock Outpacing Its Construction Peers This Year?
Read MoreHide Full Article
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Aecom Technology (ACM - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Aecom Technology is one of 90 individual stocks in the Construction sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aecom Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ACM's full-year earnings has moved 1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ACM has returned about 0.2% since the start of the calendar year. Meanwhile, stocks in the Construction group have lost about 2.7% on average. This means that Aecom Technology is outperforming the sector as a whole this year.
One other Construction stock that has outperformed the sector so far this year is Primoris Services (PRIM - Free Report) . The stock is up 0.6% year-to-date.
In Primoris Services' case, the consensus EPS estimate for the current year increased 5.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Aecom Technology belongs to the Engineering - R and D Services industry, a group that includes 17 individual companies and currently sits at #21 in the Zacks Industry Rank. On average, stocks in this group have lost 1.2% this year, meaning that ACM is performing better in terms of year-to-date returns.
In contrast, Primoris Services falls under the Building Products - Heavy Construction industry. Currently, this industry has 10 stocks and is ranked #1. Since the beginning of the year, the industry has moved +0.9%.
Aecom Technology and Primoris Services could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is AECOM (ACM) Stock Outpacing Its Construction Peers This Year?
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Aecom Technology (ACM - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Aecom Technology is one of 90 individual stocks in the Construction sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aecom Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ACM's full-year earnings has moved 1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ACM has returned about 0.2% since the start of the calendar year. Meanwhile, stocks in the Construction group have lost about 2.7% on average. This means that Aecom Technology is outperforming the sector as a whole this year.
One other Construction stock that has outperformed the sector so far this year is Primoris Services (PRIM - Free Report) . The stock is up 0.6% year-to-date.
In Primoris Services' case, the consensus EPS estimate for the current year increased 5.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Aecom Technology belongs to the Engineering - R and D Services industry, a group that includes 17 individual companies and currently sits at #21 in the Zacks Industry Rank. On average, stocks in this group have lost 1.2% this year, meaning that ACM is performing better in terms of year-to-date returns.
In contrast, Primoris Services falls under the Building Products - Heavy Construction industry. Currently, this industry has 10 stocks and is ranked #1. Since the beginning of the year, the industry has moved +0.9%.
Aecom Technology and Primoris Services could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.