It has been about a month since the last earnings report for Aecom Technology (ACM) . Shares have added about 7.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Aecom due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. AECOM Q3 Earnings Surpass Estimates, Backlog Up ...

New double-sided bevel etching system enhances process efficiency and reliability in copper-related applications, supporting high-precision features on large panels FREMONT, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the launch of its Ultra C bev-p panel bevel etching tool for fan-out panel-level packaging (FOPLP) applications. The new t ...

AECOM (ACM) , a leading global infrastructure consulting firm, has been awarded a significant program management services contract by the New York Power Authority (“NYPA”). This contract is a major win for AECOM, as it aligns the company with NYPA’s VISION2030 strategic plan — a comprehensive initiative aimed at leading New York State toward a carbon-free energy future.Under this contract, AECOM will oversee various capital improvement projects that are critical to NYPA’s efforts to provide affordable, clea ...

Group 1: Joint Venture and Project Overview - The joint venture between Jacobs Solutions Inc.'s subsidiary Halcrow and AECOM has entered into a consultancy agreement with the Civil Engineering and Development Department of the Hong Kong government for the San Tin Technopole project [1] - The first phase of the San Tin Technopole involves the development of 250 hectares of land to support innovation, technology, housing, and commercial facilities, with a focus on low-carbon infrastructure and digital strategies [1][2] - The project is expected to provide approximately 54,000 new housing units upon completion, with the first population and business intake anticipated in 2031 [2] Group 2: Jacobs Solutions Performance - Jacobs has seen increased demand for its consulting services across various sectors, leading to a backlog growth from $28.9 billion to $30.6 billion year-over-year [3] - The backlog for Jacobs' People & Places Solutions (P&PS) segment grew from $17.5 billion to $19.28 billion, driven by growth in the Life Sciences and Energy markets [3] - The Critical Mission Solutions backlog also increased from $8.1 billion to $8.45 billion, supported by expansion in the U.K. and U.S. nuclear remediation markets [4] Group 3: Market Trends and Company Outlook - Jacobs' shares have increased by 9.1% over the past three months, outperforming the Zacks Technology Services industry's growth of 4.6% [4] - The company is expected to benefit from global trends in infrastructure modernization, energy transition, national security, and potential super-cycle investments in global supply chains [4] - AECOM has reported solid third-quarter fiscal 2024 results, with earnings exceeding estimates and growth in net service revenues across its segments [6]

AECOM’s (ACM) Portal Connectors team was selected by the Transbay Joint Powers Authority (“TJPA”) for the second phase of the $12 billion Transbay Program in San Francisco.The second phase of the program involves the company offering program management and construction management services for the Downtown Rail Extension project, also named the Portal.The responsibilities of the contract include the successful execution of key activities such as obtaining FTA funding, finalizing the procurement plan in 2024, ...

Investors in AECOM (ACM) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $45 Put some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an ev ...

AECOM (ACM) has been appointed as the Lead Designer by the New York State Department of Transportation (“NYSDOT”) for a critical infrastructure project involving the replacement of two aging bridges along the Bronx River Parkway. These bridges, constructed in 1951, are nearing the end of their service lives, and their replacement is crucial to maintaining safety, improving traffic flow, and enhancing resilience along a key commuter route.Supported by more than $200 million in funding from the Infrastructure ...

Monty Rakusen I first wrote about my investment thesis on ACM Research (NASDAQ:ACMR) last month. Unfortunately, ACMR’s stock declined quite a bit along with the market sell-off. However, the fundamentals of the business are better than expected, as evidenced by ACMR’s very strong Q2 2024 results. Both revenue and gross margin topped analysts' estimate. ACMR also announced a major new product for the next generation fan-out panel-level packaging, which allows ACMR to further penetrate the AI market. ACMR ...

SweetBunFactory Overview The stock market suffered a heavy correction in the last month. The S&P500 index was down 6%, but it was especially beaten hard by the semiconductor industry, with the iShares Semiconductor ETF (SOXX) down more than 20%. ACM Research (NASDAQ:ACMR), a company specializing in wafer cleaning equipment, has experienced a decline in stock price of almost 40% (Figure 1). The company beats Q2 estimates and raises its fiscal year guidance: “ACM is increasing its revenue guidance for fis ...

FREMONT, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its second quarter ended June 30, 2024. "I am pleased with our second quarter results. We delivered record revenue, strong profitability and positive cash flow from operations,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “We are benefiting fr ...