Cummins Inc. (CMI) Reaches $184.32 52-Week High; 8 Analysts Covering AECOM (ACM)

January 18, 2018 - By Nellie Frank

Among 14 analysts covering Aecom Technology (NYSE:ACM), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Aecom Technology had 42 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of AECOM (NYSE:ACM) earned “Buy” rating by Credit Suisse on Monday, June 5. The stock of AECOM (NYSE:ACM) has “Hold” rating given on Monday, November 13 by Canaccord Genuity. Credit Suisse maintained it with “Outperform” rating and $36 target in Wednesday, August 12 report. Canaccord Genuity maintained AECOM (NYSE:ACM) rating on Tuesday, December 12. Canaccord Genuity has “Hold” rating and $40.0 target. Sterne Agee CRT initiated the stock with “Buy” rating in Thursday, March 10 report. The rating was maintained by KeyBanc Capital Markets on Thursday, September 21 with “Buy”. Credit Suisse maintained the stock with “Buy” rating in Wednesday, June 28 report. The firm earned “Hold” rating on Tuesday, November 15 by Canaccord Genuity. The rating was downgraded by Robert W. Baird to “Neutral” on Friday, April 7. Standpoint Research maintained AECOM (NYSE:ACM) on Thursday, December 8 with “Buy” rating. See AECOM (NYSE:ACM) latest ratings:

03/01/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Old Target: $38 Upgrade
12/12/2017 Broker: Canaccord Genuity Rating: Hold New Target: $40.0 Maintain
12/12/2017 Broker: Barclays Capital Rating: Sell New Target: $34.0 Initiate
27/11/2017 Broker: Argus Research Rating: Buy New Target: $43.0
13/11/2017 Broker: Canaccord Genuity Rating: Hold New Target: $36.0 Maintain
14/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: $37 New Target: $34 Maintain
14/11/2017 Broker: UBS Rating: Buy Old Target: $40 New Target: $43 Maintain
14/11/2017 Broker: DA Davidson Rating: Hold New Target: $39.0
13/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $40.0 Maintain
27/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $38.0 Maintain

The stock of Cummins Inc. (NYSE:CMI) hit a new 52-week high and has $199.07 target or 8.00% above today’s $184.32 share price. The 8 months bullish chart indicates low risk for the $30.59 billion company. The 1-year high was reported on Jan, 18 by Barchart.com. If the $199.07 price target is reached, the company will be worth $2.45B more. The stock increased 0.34% or $0.63 during the last trading session, reaching $184.32. About 234,619 shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since January 18, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.

Since August 9, 2017, it had 0 buys, and 1 insider sale for $260,085 activity. 1,633 shares were sold by ChangDiaz Franklin R, worth $260,085.

Cummins Inc., together with its subsidiaries, designs, makes, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. The company has market cap of $30.59 billion. It operates through Engine, Distribution, Components, and Power Systems divisions. It has a 18.73 P/E ratio. The Engine segment makes and markets a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, gas and oil, defense, and agricultural markets.

Analysts await Cummins Inc. (NYSE:CMI) to report earnings on February, 8. They expect $2.60 earnings per share, up 15.56% or $0.35 from last year’s $2.25 per share. CMI’s profit will be $431.53M for 17.72 P/E if the $2.60 EPS becomes a reality. After $2.71 actual earnings per share reported by Cummins Inc. for the previous quarter, Wall Street now forecasts -4.06% negative EPS growth.

Among 28 analysts covering Cummins (NYSE:CMI), 7 have Buy rating, 3 Sell and 18 Hold. Therefore 25% are positive. Cummins has $20000 highest and $79 lowest target. $153.91’s average target is -16.50% below currents $184.32 stock price. Cummins had 92 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Wednesday, November 1 by Robert W. Baird. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, October 6. Piper Jaffray maintained Cummins Inc. (NYSE:CMI) on Tuesday, October 31 with “Hold” rating. The rating was downgraded by Citigroup to “Neutral” on Monday, January 25. As per Thursday, April 21, the company rating was downgraded by Robert W. Baird. The stock of Cummins Inc. (NYSE:CMI) earned “Hold” rating by BB&T Capital on Monday, September 28. The company was maintained on Wednesday, November 1 by Jefferies. Stifel Nicolaus maintained it with “Hold” rating and $150 target in Thursday, April 13 report. Deutsche Bank maintained Cummins Inc. (NYSE:CMI) on Wednesday, November 11 with “Hold” rating. Barclays Capital maintained Cummins Inc. (NYSE:CMI) rating on Wednesday, October 12. Barclays Capital has “Underweight” rating and $108 target.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It improved, as 57 investors sold Cummins Inc. shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Hartford Mgmt Company owns 0.11% invested in Cummins Inc. (NYSE:CMI) for 34,314 shares. Jacobs Levy Equity Mgmt Inc stated it has 0.05% of its portfolio in Cummins Inc. (NYSE:CMI). Umb National Bank N A Mo invested in 44,388 shares. Oppenheimer Asset stated it has 0.03% of its portfolio in Cummins Inc. (NYSE:CMI). Louisiana State Employees Retirement reported 9,800 shares or 0.08% of all its holdings. Lpl Fincl Lc invested 0.03% in Cummins Inc. (NYSE:CMI). Hancock holds 0.02% of its portfolio in Cummins Inc. (NYSE:CMI) for 2,984 shares. Cullen Mgmt Limited Liability Co invested in 0.01% or 2,115 shares. Cincinnati Casualty has 46,000 shares. Bailard reported 17,598 shares. Motco has 495 shares for 0.01% of their portfolio. Nine Chapters Ltd holds 0.67% or 1,800 shares. Credit Agricole S A reported 1.17M shares. Los Angeles Mgmt Equity has 0.42% invested in Cummins Inc. (NYSE:CMI). Balasa Dinverno And Foltz Ltd Liability accumulated 1,329 shares.

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company has market cap of $6.13 billion. The firm operates through three divisions: Design and Consulting Services , Construction Services (CS), and Management Services (MS). It has a 18.25 P/E ratio. The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.

Investors sentiment decreased to 1.49 in Q3 2017. Its down 0.07, from 1.56 in 2017Q2. It worsened, as 27 investors sold AECOM shares while 68 reduced holdings. 42 funds opened positions while 100 raised stakes. 127.49 million shares or 0.85% more from 126.42 million shares in 2017Q2 were reported. Menta Capital Ltd Co invested 0.06% of its portfolio in AECOM (NYSE:ACM). Bnp Paribas Arbitrage invested in 0.01% or 66,152 shares. Whittier Tru reported 5,689 shares. Swiss Financial Bank reported 0.01% in AECOM (NYSE:ACM). Ing Groep Nv owns 6,073 shares. Sg Americas Secs Limited Liability Co accumulated 0.01% or 25,443 shares. Colony Group Inc Ltd Liability Corporation holds 0.12% of its portfolio in AECOM (NYSE:ACM) for 48,500 shares. Clearbridge Investments Ltd has invested 0% in AECOM (NYSE:ACM). Piedmont Inv Advisors Ltd Llc owns 35,174 shares or 0.03% of their US portfolio. 6,182 were accumulated by Stifel Finance. Financial Architects Inc stated it has 2,117 shares or 0.14% of all its holdings. Legal General Group Public Limited Liability Co has 0.01% invested in AECOM (NYSE:ACM). 890,337 were reported by Electron Capital Prns Ltd Limited Liability Company. Oppenheimer Asset Mgmt holds 0.37% or 391,040 shares. Tru Of Vermont, a Vermont-based fund reported 500 shares.

The stock increased 0.49% or $0.1899 during the last trading session, reaching $38.8699. About 87,114 shares traded. AECOM (NYSE:ACM) has risen 3.75% since January 18, 2017 and is uptrending. It has underperformed by 12.95% the S&P500.

Since September 27, 2017, it had 0 insider purchases, and 6 insider sales for $5.31 million activity. On Wednesday, December 13 the insider FORDYCE JAMES H sold $166,808. $2.09 million worth of stock was sold by Burke Michael S on Thursday, October 5. $573,900 worth of AECOM (NYSE:ACM) was sold by Tishman Daniel R. on Friday, December 15. GRIEGO LINDA M sold $196,648 worth of stock or 5,160 shares.

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