Revealing a significant insider sell on May 16, Jesse Collins Jr, Group President at Arcosa (NYSE:ACA), as per the latest SEC filing.
What Happened: Jr’s decision to sell 9,626 shares of Arcosa was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $853,953.
Monitoring the market, Arcosa’s shares down by 0.26% at $86.59 during Friday’s morning.
Delving into Arcosa’s Background
Arcosa Inc is a manufacturer and producer of infrastructure-related products and services. It operates in three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment produces and sells construction aggregates and manufactures and sells trench shields and shoring products and services for infrastructure-related projects. The Transportation Products segment manufactures and sells products for the inland waterway and rail transportation industries. The Engineered Structures segment manufactures and sells products for energy-related businesses, including structural wind towers, telecommunication structures, steel utility structures for electricity transmission and distribution, and storage and distribution containers.
A Deep Dive into Arcosa’s Financials
Revenue Growth: Arcosa’s remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 8.99%. This signifies a substantial increase in the company’s top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Key Insights into Profitability Metrics:
Gross Margin: The company excels with a remarkable gross margin of 18.64%, indicating superior cost efficiency and profitability compared to its industry peers.
Earnings per Share (EPS): With an EPS below industry norms, Arcosa exhibits below-average bottom-line performance with a current EPS of 0.81.
Debt Management: Arcosa’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.26.
Insights into Valuation Metrics:
Price to Earnings (P/E) Ratio: The current P/E ratio of 29.73 is below industry norms, indicating potential undervaluation and presenting an investment…
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