AECOM Technology (ACM) in Focus: Stock Falls 7%
AECOM Technology Corporation (ACM) saw a big move last session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for ACM, as the stock is now up about 8% in the past one-month time frame.
The technical and management support services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ACM currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader Industrial Products sector include Siemens Worthington Industries, Inc. (WOR), MeadWestvaco Corporation (MWV) and Multi-Color Corp. (LABL). All these stocks hold a Zacks Rank #1 (Strong Buy).
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AECOM TECH CORP (ACM): Free Stock Analysis Report
WORTHINGTON INDUSTRIES INC (WOR): Free Stock Analysis Report
MEADWESTVACO CORP (MWV): Free Stock Analysis Report
MULTI-COLOR CP (LABL): Free Stock Analysis Report
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