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.
AECOM will provide transportation, water, environmental, project and commercial management services.
ACM's award expands its U.K. framework portfolio alongside recent major infrastructure appointments.
AECOM (ACM - Free Report) has secured eight lots on Scotland Excel's Engineering and Technical Consultancy Framework, expanding its role in providing engineering and technical consultancy services to Scotland's local government sector.
The four-year framework offers a collaborative procurement route for 32 Scottish councils and associate members seeking design and construction consultancy expertise. Under the appointment, AECOM will deliver transportation, water, environmental design, project management and commercial management services. The latest award represents a broader role in the second-generation framework and reflects an expansion in the company's service coverage.
AECOM Adds to Growing U.K. Framework Portfolio
The expanded appointment allows AECOM to support local authorities across a wider range of engineering and technical consultancy requirements through its local teams backed by integrated expertise across the United Kingdom. The broader scope of awarded lots positions the company to participate in projects spanning multiple infrastructure and development priorities over the framework's four-year term.
The award also adds to AECOM's growing portfolio of framework appointments in the United Kingdom. Recent selections, including the preferred bidder role for Scottish Water's Enterprise Alliance and expanded positions on the country's AMP8 water framework, indicate continued opportunities for the company to participate in large-scale engineering and consultancy programs across the region.
AECOM continues to build long-term revenue visibility through a combination of record backlog, a growing pipeline and sustained demand across several infrastructure markets. The company is seeing favorable opportunities in transportation, water, energy, defense, data centers and power infrastructure, while strong funding levels and consistent win rates continue to support future project activity.
In the second quarter of fiscal 2026, backlog increased 8% year over year to a record $26.2 billion, supported by a design book-to-burn ratio of 1.2x. The company also continued to build its pipeline across both the Americas and International markets, providing greater visibility into future project activity. Supported by record backlog, a growing pipeline and favorable funding trends, AECOM raised its full-year fiscal 2026 guidance for the second time this year and expects adjusted EPS and adjusted EBITDA to increase 14% and 7%, respectively, at the midpoint of the updated outlook.
ACM’s Price Performance
AECOM stock has declined 28.1% in the year-to-date period, significantly underperforming the Zacks Engineering - R and D Services industry’s 38.9% growth. The near-term outlook remains challenged by macroeconomic uncertainty, inflationary pressures and temporary disruptions related to the prolonged U.S. federal government shutdown.
Image Source: Zacks Investment Research
However, ACM’s long-term growth outlook remains compelling, supported by strong demand across its core end markets, including transportation, water, environmental services, energy and advanced facilities.
ACM’s Zacks Rank & Key Picks
AECOM currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Construction sector:
The Zacks Consensus Estimate for JACOBS fiscal 2026 sales and earnings per share (EPS) indicates growth of 17.6% and 18.1%, respectively, from the prior-year levels. Sterling Infrastructure, Inc. (STRL - Free Report) sports a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 32.5%, on average. STRL stock has jumped 170.3% year to date.
The Zacks Consensus Estimate for Sterling’s 2026 sales and EPS indicates growth of 59.2% and 78.8%, respectively, from the prior-year levels.
Quanta Services, Inc. (PWR - Free Report) flaunts a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 10.2%, on average. PWR stock has climbed 69.1% year to date.
The Zacks Consensus Estimate for Quanta’s 2026 sales and EPS indicates growth of 22.1% and 30.7%, respectively, from the prior-year levels.
View the Zacks #1 Rank List
Image: Bigstock
ACM Expands Role on Scotland Excel's Engineering Consultancy Framework
Key Takeaways
AECOM (ACM - Free Report) has secured eight lots on Scotland Excel's Engineering and Technical Consultancy Framework, expanding its role in providing engineering and technical consultancy services to Scotland's local government sector.
The four-year framework offers a collaborative procurement route for 32 Scottish councils and associate members seeking design and construction consultancy expertise. Under the appointment, AECOM will deliver transportation, water, environmental design, project management and commercial management services. The latest award represents a broader role in the second-generation framework and reflects an expansion in the company's service coverage.
AECOM Adds to Growing U.K. Framework Portfolio
The expanded appointment allows AECOM to support local authorities across a wider range of engineering and technical consultancy requirements through its local teams backed by integrated expertise across the United Kingdom. The broader scope of awarded lots positions the company to participate in projects spanning multiple infrastructure and development priorities over the framework's four-year term.
The award also adds to AECOM's growing portfolio of framework appointments in the United Kingdom. Recent selections, including the preferred bidder role for Scottish Water's Enterprise Alliance and expanded positions on the country's AMP8 water framework, indicate continued opportunities for the company to participate in large-scale engineering and consultancy programs across the region.
AECOM's Expanding Pipeline Supports Long-Term Visibility
AECOM continues to build long-term revenue visibility through a combination of record backlog, a growing pipeline and sustained demand across several infrastructure markets. The company is seeing favorable opportunities in transportation, water, energy, defense, data centers and power infrastructure, while strong funding levels and consistent win rates continue to support future project activity.
In the second quarter of fiscal 2026, backlog increased 8% year over year to a record $26.2 billion, supported by a design book-to-burn ratio of 1.2x. The company also continued to build its pipeline across both the Americas and International markets, providing greater visibility into future project activity. Supported by record backlog, a growing pipeline and favorable funding trends, AECOM raised its full-year fiscal 2026 guidance for the second time this year and expects adjusted EPS and adjusted EBITDA to increase 14% and 7%, respectively, at the midpoint of the updated outlook.
ACM’s Price Performance
AECOM stock has declined 28.1% in the year-to-date period, significantly underperforming the Zacks Engineering - R and D Services industry’s 38.9% growth. The near-term outlook remains challenged by macroeconomic uncertainty, inflationary pressures and temporary disruptions related to the prolonged U.S. federal government shutdown.
Image Source: Zacks Investment Research
However, ACM’s long-term growth outlook remains compelling, supported by strong demand across its core end markets, including transportation, water, environmental services, energy and advanced facilities.
ACM’s Zacks Rank & Key Picks
AECOM currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Construction sector:
JACOBS SOLUTNS (J - Free Report) carries a Zacks Rank #2 (Buy) at present. The company delivered a trailing four-quarter earnings surprise of 4%, on average. J stock has declined 6.6% year to date. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for JACOBS fiscal 2026 sales and earnings per share (EPS) indicates growth of 17.6% and 18.1%, respectively, from the prior-year levels.
Sterling Infrastructure, Inc. (STRL - Free Report) sports a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 32.5%, on average. STRL stock has jumped 170.3% year to date.
The Zacks Consensus Estimate for Sterling’s 2026 sales and EPS indicates growth of 59.2% and 78.8%, respectively, from the prior-year levels.
Quanta Services, Inc. (PWR - Free Report) flaunts a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 10.2%, on average. PWR stock has climbed 69.1% year to date.
The Zacks Consensus Estimate for Quanta’s 2026 sales and EPS indicates growth of 22.1% and 30.7%, respectively, from the prior-year levels.