AECOM (NYSE:ACM) ranks among the undervalued infrastructure stocks to buy now. The stock looks cheap on the surface, but the debate right now is whether that discount is an opportunity or a trap.
On May 19, 2026, Barclays lowered its price target on AECOM (NYSE:ACM) to $90 from $110, keeping an "Equal Weight" rating after the fiscal second-quarter report. The firm acknowledged the company's record of strong multi-year growth and free cash flow, but said those qualities were being overshadowed by an ***** et-light re-rating and a lack of near-term catalysts. Barclays described the stock as optically cheap but without a clear re-rating path.
Against that backdrop, AECOM (NYSE:ACM) has kept moving.
On June 10, 2026, AECOM (NYSE:ACM) entered into a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, with no borrowings outstanding at inception. The facility is secured by ***** ets of AECOM and certain subsidiaries, carries leverage-based pricing and unused commitment fees, and includes a maximum consolidated leverage ratio covenant of 4.0 to 1, reinforcing the company's liquidity while imposing standard financial discipline.
Then on June 12, 2026, AECOM (NYSE:ACM) appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Based in California, Rottblatt will focus on expanding AECOM's reach across private sector aviation clients and emerging aviation markets. He joins from Supernal, where he served as Chief Operating Officer, and brings more than two decades of leadership experience, including 15 years in the global aviation industry.
On May 19, 2026, Barclays lowered its price target on AECOM (NYSE:ACM) to $90 from $110, keeping an "Equal Weight" rating after the fiscal second-quarter report. The firm acknowledged the company's record of strong multi-year growth and free cash flow, but said those qualities were being overshadowed by an ***** et-light re-rating and a lack of near-term catalysts. Barclays described the stock as optically cheap but without a clear re-rating path.
Against that backdrop, AECOM (NYSE:ACM) has kept moving.
On June 10, 2026, AECOM (NYSE:ACM) entered into a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, with no borrowings outstanding at inception. The facility is secured by ***** ets of AECOM and certain subsidiaries, carries leverage-based pricing and unused commitment fees, and includes a maximum consolidated leverage ratio covenant of 4.0 to 1, reinforcing the company's liquidity while imposing standard financial discipline.
Then on June 12, 2026, AECOM (NYSE:ACM) appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Based in California, Rottblatt will focus on expanding AECOM's reach across private sector aviation clients and emerging aviation markets. He joins from Supernal, where he served as Chief Operating Officer, and brings more than two decades of leadership experience, including 15 years in the global aviation industry.
4 months ago
