Arcosa, Inc. (NYSE:ACA) Stock Has Consensus Target Price of $141.25 According to Analysts

Shares of Arcosa, Inc. (NYSE:ACA) have earned an average rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have given a 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 $141.25.

Several equities research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Arcosa from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Citigroup downgraded Arcosa to a “hold” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised Arcosa from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Stephens set a $150.00 target price on Arcosa in a research note on Thursday, August 6th. Finally, Zacks Research raised Arcosa from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd.

Hedge Funds Weigh In On Arcosa

A number of large investors have recently bought and sold shares of ACA. State of Wyoming purchased a new stake in shares of Arcosa in the first quarter valued at about $30,000. GHP Investment Advisors Inc. acquired a new stake in Arcosa in the first quarter valued at about $32,000. Allworth Financial LP lifted its position in Arcosa by 392.5% in the fourth quarter. Allworth Financial LP now owns 394 shares of the company’s stock valued at $42,000 after purchasing an additional 314 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Arcosa in the 2nd quarter valued at approximately $53,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Arcosa in the 4th quarter valued at approximately $62,000. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Arcosa Stock Performance

Shares of ACA opened at $146.53 on Tuesday. The company has a current ratio of 3.12, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48. The firm has a market cap of $7.20 billion, a PE ratio of 14.68, a price-to-earnings-growth ratio of 2.20 and a beta of 1.07. The company’s 50 day simple moving average is $145.34 and its 200-day simple moving average is $131.12. Arcosa has a 12-month low of $89.03 and a 12-month high of $146.92.

Arcosa (NYSE:ACA) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.05). The business had revenue of $658.70 million during the quarter, compared to analysts’ expectations of $687.50 million. Arcosa had a net margin of 17.90% and a return on equity of 7.90%. The firm’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.27 EPS. As a group, equities analysts predict that Arcosa will post 4.16 EPS for the current year.

Arcosa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Thursday, October 15th. Arcosa’s dividend payout ratio (DPR) is 2.00%.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is an infrastructure-related products and solutions company headquartered in Dallas, Texas. The company serves customers in the construction, utility, transportation and industrial markets, with operations primarily in the United States and a presence in selected international markets.

Arcosa operates through businesses that provide construction products, engineered structures and transportation products. Its offerings include aggregates and other construction materials, concrete and drainage products, utility and communication structures, wind towers, traffic structures, inland barges and rail transportation components.