AECOM Has Further Upside


  • AECOM’s revenues should benefit from the recent infrastructure law as well its new initiatives to gain market share.
  • The company’s margin should also continue to improve.
  • There is further room for its valuation multiple to expand which coupled with EPS growth prospects make it a good buy.
Aecom office building in Markham, On, Canada.

JHVEPhoto/iStock Editorial via Getty Images

Investment thesis

AECOM’s (NYSE:ACM) growth is likely to be supported by current industry trends, and new business initiatives will help them gain market share. ACM’s state and local clients are experiencing record revenue and budget surpluses, which will assist the company in

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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