Arcosa (ACA) to Release Earnings on Thursday

Arcosa (NYSE:ACA) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Arcosa to post earnings of $0.79 per share and revenue of $690.28 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Arcosa Stock Down 0.9 %

Shares of Arcosa stock opened at $92.16 on Tuesday. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 35.04 and a beta of 0.76. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77. Arcosa has a 52-week low of $72.75 and a 52-week high of $113.43. The stock has a 50-day simple moving average of $98.75 and a 200-day simple moving average of $96.90.

Arcosa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.22%. Arcosa’s dividend payout ratio is 7.60%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Oppenheimer lifted their price target on Arcosa from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th. Barclays assumed coverage on Arcosa in a report on Tuesday, October 29th. They issued an “overweight” rating and a $106.00 target price for the company.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.