Arcosa (NYSE:ACA) Sets New 52-Week High at $95.50

Market Beat
2024.09.19 22:44
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Arcosa, Inc. (NYSE:ACA) reached a new 52-week high of $50, trading at $27 with a volume of 357,323 shares. Analysts have raised price targets, with Oppenheimer setting a new target of $50 and an "outperform" rating. The company reported earnings of $0.91 per share, exceeding estimates, and announced a quarterly dividend of $0.05 per share. Insider transactions included CEO Antonio Carrillo purchasing shares. Hedge funds have also adjusted their stakes in Arcosa, reflecting growing interest in the company.