Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Arcosa (ACA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Arcosa currently has an average brokerage re ...

Arcosa, Inc. (ACA) inked a deal with NOV Inc. (NOV) to acquire Ameron Pole Products, LLC for $180 million. The purchase will be funded through cash and available revolver capacity. The move will enhance Arcosa's presence in key infrastructure markets and is expected to boost overall company margins. It also represents ACA's entry into the complementary concrete and steel pole lighting market, further expanding its position in traffic and telecommunication structures. The acquisition aligns with Arcosa's str ...

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) ("Arcosa," the "Company," "We," or "Our,"), a provider of infrastructure-related products and solutions, today announced that it has entered into a definitive agreement to acquire Ameron Pole Products, LLC ("Ameron") from NOV Inc. (NYSE: NOV) for $180 million in cash. Founded in 1970, Ameron is a leading manufacturer of highly engineered, premium concrete and steel poles for a broad range of infrastructure applications, including lighting, traffic, electric ...

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a provider of infrastructure-related products and solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. The quarterly cash dividend is payable April 30, 2024 to stockholders of record as of April 15, 2024. About Arcosa Arcosa, Inc. (NYSE: ACA), headquartered in Dallas, Texas, is a provider of infrastructure-related products an ...

Increased government infrastructure spending is bolstering companies in the Zacks Building Products - Miscellaneous industry. Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as Masco Corporation (MAS) , TopBuild Corp. (BLD) , Advanced Drainage Systems, Inc. (WMS) , Knife River Corporation (KNF) and Arcosa, Inc. (ACA) stand to gain from increased repair and remodeling (R&R) projects, improved residential ...

Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.6% over the past month. The stock hit a new 52-week high of $89.07 in the previous session. Arcosa has gained -1.6% since the start of the year compared to the 6.1% move for the Zacks Construction sector and the 9.7% return for the Zacks Building Products - Miscellaneous industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in a ...

Arcosa, Inc. (NYSE:ACA) Q4 2023 Earnings Conference Call February 23, 2024 8:00 AM ET Company Participants Antonio Carrillo - President and CEO Gail Peck - CFO Erin Drabek - Director, IR Conference Call Participants Trey Grooms - Stephens, Inc. Alex Hantman - Sidoti & Company Jean Ramirez - D.A. Davidson Garik Shmois - Loop Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Arcosa Fourth Quarter and Full-Year 2023 Earnings Conference Call. My name is Todd, and I will be your con ...

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infrastructure-related products and solutions, today announced results for the fourth quarter and full year ended December 31, 2023. On October 3, 2022, the Company completed the divestiture of its storage tanks business. Financial results for the storage tanks business were historically included in the Engineered Structures segment as part of continuing operations until the date of sale. The table ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Arcosa, Inc. Announces Fourth Quarter and Full Year 2023 Results – Fourth Quarter Adjusted EBITDA Growth of 38%, Normalized for Storage Tanks Divestiture, with All Three Segments Contributing to the Increase – 220 Basis Points of Fourth Quarter Adjusted EBITDA Margin Expansion – Full Year Free Cash Flow of $94 Million, Up 37% DALLAS, Texas - ARCOSA, Inc. - February 22, 2024: Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infr ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Arcosa, Inc. Announces Fourth Quarter and Full Year 2023 Results – Fourth Quarter Adjusted EBITDA Growth of 38%, Normalized for Storage Tanks Divestiture, with All Three Segments Contributing to the Increase – 220 Basis Points of Fourth Quarter Adjusted EBITDA Margin Expansion – Full Year Free Cash Flow of $94 Million, Up 37% DALLAS, Texas - ARCOSA, Inc. - February 22, 2024: Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infr ...