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The full-year results also provide insight into the company’s financial trajectory and performance over the entire year. With revenue growth of 11.7% and net income of $128.1 million in the last twelve months, these results are essential for investors to understand the longer-term financial trends and business stability of Arcosa (NYSE:ACA). According to InvestingPro data, the company maintains strong financial health with a current ratio of 3.61, indicating robust liquidity management.
The details of the earnings release have not been deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, which means they are not subject to the same legal implications as filed documents. However, they are still significant for the investment community’s assessment of the company.
Arcosa has its common stock listed on the New York Stock Exchange under the trading symbol ACA, with a market capitalization of $4.46 billion. Currently trading at a relatively high P/E ratio of 34.8, InvestingPro analysis suggests the stock is slightly overvalued compared to its Fair Value. The company’s business address is 500 N. Akard Street, Suite 400, Dallas, Texas, and it operates under the jurisdiction of incorporation in Delaware.
The earnings release is attached as Exhibit 99.1 to the 8-K filing and is accompanied by an interactive data file as part of the SEC’s requirements for digital submissions.
Investors and stakeholders interested in Arcosa’s financial outcomes for the fourth quarter and full year of 2024 can refer to the earnings release for detailed information. With analysts maintaining a strong buy consensus and setting price targets up to $145, this release provides a transparent view of the company’s financial results. For deeper insights and comprehensive analysis, investors can access the full Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with detailed metrics and expert analysis.
In other recent news, Arcosa has seen its stock target increased by Oppenheimer, which raised the target to $110 from the previous $105 while maintaining an Outperform rating. This change reflects the firm’s acknowledgment of Arcosa’s strong fundamentals and positive management outlook. Arcosa’s barge orders have been accelerating, driven by moderating steel prices and the need to replace an aging fleet. The estimated EBITDA for the Barge segment in 2025 is projected to be around $55 million, up from $35 million two years ago. Arcosa management has expressed confidence in the Barge business, suggesting potential divestiture when EBITDA increases, with an expected cash flow of approximately $70 million over the next year. In the Wind Towers division, Arcosa is fulfilling a substantial backlog of orders secured by take-or-pay agreements, with another large order anticipated for delivery in 2026. Analysts have also noted that Arcosa could potentially monetize the Wind Towers business, particularly if the Inflation Reduction Act remains unchanged. The decision to raise the price target is based on higher earnings estimates and increased confidence in Arcosa’s performance.
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