Arcosa (NYSE:ACA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Arcosa (NYSE:ACA) from a hold rating to a buy rating in a research note issued to investors on Monday.

A number of other equities research analysts have also recently commented on ACA. Zacks Research lowered Arcosa from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Barclays raised their price target on Arcosa from $106.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. DA Davidson upped their target price on Arcosa from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Arcosa in a report on Monday, December 1st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Arcosa has an average rating of “Moderate Buy” and a consensus price target of $115.00.

Arcosa Price Performance

NYSE:ACA opened at $110.73 on Monday. The stock’s fifty day moving average is $98.71 and its two-hundred day moving average is $93.94. The company has a quick ratio of 1.30, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $5.43 billion, a P/E ratio of 36.67, a P/E/G ratio of 1.58 and a beta of 1.00. Arcosa has a 52 week low of $68.11 and a 52 week high of $111.82.

Arcosa (NYSE:ACA) last released its earnings results on Wednesday, August 17th. The company reported $0.60 earnings per share for the quarter. Arcosa had a return on equity of 7.46% and a net margin of 5.25%.The company had revenue of $515.10 million during the quarter. Equities analysts expect that Arcosa will post 3.23 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. First Horizon Corp acquired a new stake in Arcosa during the third quarter worth about $32,000. Salomon & Ludwin LLC acquired a new stake in shares of Arcosa during the 3rd quarter worth approximately $33,000. Bessemer Group Inc. lifted its holdings in shares of Arcosa by 47.8% in the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company’s stock worth $35,000 after purchasing an additional 119 shares during the last quarter. Quarry LP boosted its position in Arcosa by 160.0% during the 3rd quarter. Quarry LP now owns 403 shares of the company’s stock valued at $38,000 after purchasing an additional 248 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new position in Arcosa during the 2nd quarter valued at approximately $40,000. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.