LSERS Sells 500 Shares of Arcosa, at Defense World

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Arcosa ($NYSE:ACA) is a publicly traded company that specializes in infrastructure-related products and services for a variety of industries. The company is based in Dallas, Texas and is a major provider of construction materials and services to customers around the world. Its products include ready-mix concrete, precast concrete, aggregates, membranes, and more.

Additionally, Arcosa offers a full range of engineering and consulting services. The sale of 500 shares of Arcosa stock marked an important milestone for LSERS, as it was the first time they had invested in a publicly traded company. This demonstrates LSERS’s commitment to diversifying their portfolio and investing in promising companies with long-term potential. With strong fundamentals and a solid track record, Arcosa is well positioned to grow and thrive in the years ahead.

Price History

On Wednesday, LSERS announced the sale of 500 shares of Arcosa, Inc. at Defense World. The stock opened at $76.0 and closed at $76.2, representing a decline of 0.3% from its previous closing price of $76.4. This sale marked a notable change in the shareholding structure of Arcosa, which could indicate a shift in LSERS’ investment strategies. It is yet to be seen what impact this announcement may have on the stock price of Arcosa in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Arcosa. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Arcosa. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Arcosa. More…

Key Ratios Snapshot

Some of the financial key ratios for Arcosa are shown below. More…

Analysis

At GoodWhale, we recently conducted an analysis of ARCOSA’s wellbeing. Our Risk Rating suggests ARCOSA is a medium risk investment, taking into account both the financial and business aspects. We detected three risk warnings in the income sheet, balance sheet and cashflow statement. To find out more details, you can register on GoodWhale.com for a more comprehensive look into the company. Our data-driven insights will provide you with a better understanding of their risk tolerance and help you make better decisions about investing in ARCOSA. Arcosa_at_Defense_World”>More…

Peers

The company has a wide range of products and services that cover all aspects of infrastructure development, from design and construction to financing and operations. Arcosa Inc’s main competitors are Sterling Construction Co Inc, Trace SOP EOOD, BCPL Railway Infrastructure Ltd.

– Sterling Construction Co Inc ($NASDAQ:STRL)

Sterling Construction Co Inc is a construction company that specializes in the building of transportation infrastructure projects. The company has a market capitalization of $938.7 million as of 2022 and a return on equity of 19.94%. The company’s main operations are focused on the construction of highways, roads, bridges, and other transportation-related infrastructure projects.

– Trace SOP EOOD ($LTS:0M7W)

Trace SOP EOOD is a Bulgaria-based company engaged in the provision of software solutions. The Company offers a range of software products, including an accounting system, a human resources and payroll system, and a customer relationship management system, among others. Trace SOP EOOD has a market capitalization of 88.07M as of 2022, a return on equity of 3.34%. The company provides software solutions to businesses of all sizes, from small businesses to large enterprises. Trace SOP EOOD’s products are used by businesses in a variety of industries, including healthcare, manufacturing, retail, and government.

– BCPL Railway Infrastructure Ltd ($BSE:542057)

The market capitalization of BCPP Railway Infrastructure Ltd. as of 2022 was 729.99 million, with a return on equity of 9.17%. The company is engaged in the business of providing railway infrastructure services. It is a subsidiary of Bharat Cookware & Pressure Pipe Ltd.

Summary

Arcosa, Inc., a construction and infrastructure company, recently had 500 shares sold by the Louisiana State Employees Retirement System. A review of Arcosa’s fundamentals reveals a strong balance sheet and steady revenue growth over the past year. Analysts are bullish on Arcosa’s prospects and expect it to continue to outperform the market.

The company’s dividend yield is also attractive compared to its peers. Overall, Arcosa appears to be a solid long-term investment for those seeking steady growth potential in a diversified portfolio.