Arcosa, Inc. (NYSE:ACA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Arcosa, Inc. (NYSE:ACA) have earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $138.3333.

ACA has been the topic of a number of research analyst reports. Zacks Research lowered Arcosa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 28th. Oppenheimer initiated coverage on Arcosa in a research report on Thursday, May 28th. They set an “outperform” rating and a $150.00 price target on the stock. Barclays increased their price target on Arcosa from $115.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Texas Capital upgraded Arcosa to a “strong-buy” rating in a research report on Friday, March 27th. Finally, Weiss Ratings lowered Arcosa from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 11th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ACA. State of Wyoming acquired a new position in Arcosa during the 1st quarter worth $30,000. GHP Investment Advisors Inc. acquired a new position in Arcosa during the 1st quarter worth $32,000. Farther Finance Advisors LLC lifted its holdings in Arcosa by 73.4% during the 4th quarter. Farther Finance Advisors LLC now owns 307 shares of the company’s stock worth $33,000 after buying an additional 130 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Arcosa by 47.8% during the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company’s stock worth $35,000 after buying an additional 119 shares in the last quarter. Finally, Quarry LP lifted its holdings in Arcosa by 160.0% during the 3rd quarter. Quarry LP now owns 403 shares of the company’s stock worth $38,000 after buying an additional 248 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Arcosa Stock Up 2.2%

NYSE ACA opened at $129.79 on Friday. The firm has a market cap of $6.37 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 1.90 and a beta of 1.06. Arcosa has a one year low of $81.91 and a one year high of $135.58. The stock’s 50 day simple moving average is $120.61 and its 200 day simple moving average is $115.14. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.32 and a quick ratio of 1.60.

Arcosa (NYSE:ACA) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.38. The business had revenue of $571.70 million for the quarter, compared to analyst estimates of $642.40 million. Arcosa had a return on equity of 8.52% and a net margin of 7.88%.Arcosa’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 EPS. As a group, sell-side analysts forecast that Arcosa will post 4.25 earnings per share for the current fiscal year.

Arcosa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $0.20 annualized dividend and a yield of 0.2%. Arcosa’s dividend payout ratio is currently 4.42%.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries’ construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company’s Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.