AECOM Stock Trades at a Discount: Should Investors Buy It Yet?

Key Takeaways ACM trades at 19.96X forward P/E, below the industry's 20.17X. Q2 Americas NSR rose 6%, driven by demand across the U.S. and Canadian design markets. Backlog reached $24.27B in Q2, with 54.9% contracted growth and 80% enterprise win rate.AECOM’s (ACM) current valuation looks promising for investors. The stock is currently trading at a discount compared with the Zacks Engineering - R and D Services industry peers. The company’s forward 12-month price-to-earnings (P/E) ratio is 19.96X, which i ...