Actividades de Construccion y Servicios S.A.

ACS Actividades de Construccion y Servicios is a holding company. Through its subsidiaries, Co.'s activities are divided into the following areas: Construction, engaged in the construction of civil works, and residential and non-residential building construction; industrial services, engaged in the development of applied engineering services, installations and the maintenance of industrial infrastructures in the energy, communications and control systems sectors; services, groups together environmental services, the outsourcing of building maintenance services, logistics and transport services; and concessions, mainly engaged in transport infrastructure concessions.
  • TickerACS
  • ISINES0167050915
  • ExchangeMadrid Stock Exchange
  • SectorConstruction & Materials
  • CountrySpain
Research Department

IBERIAN DAILY 09 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, BANKINTER, COLONIAL, REPSOL. MARKETS YESTERDAY AND TODAY Profit taking continues The main European stock markets posted losses of around -1% in view of the rising number of global coronavirus cases. Asia, led by China, continues the rally from the past few days, spurred by the macro recovery and the lack of significant consequences from the national security law being applied in Hong Kong. In the Euro STOXX, all the sectors except Utilities closed in the red, with Banks and Construction showing the worst relative performance. On the macro side, the President of the World B...

Research Department

INFORME DIARIO 09 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, BANKINTER, COLONIAL, REPSOL. EUROPA: AIRBUS, DAIMLER, SAP Continúa la toma de beneficios Caídas en las principales bolsas europeas de alrededor del -1% ante el incremento del número de contagios de Covid-19 en el mundo. Asia, liderada por China, sigue con el rebote de los últimos días alentada por la recuperación macro y la ausencia de consecuencias notables a la aplicación de la ley de seguridad nacional en Hong Kong. En el Euro STOXX, todos los sectores menos Utilities cerraron en negativo, con Bancos y Construcción mostrando el peor compo...

Research Department

IBERIAN DAILY 02 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, BANKING SECTOR, FLUIDRA, OHL, TELEFÓNICA. MARKETS YESTERDAY AND TODAY Markets trade smoothly The main European indices remained within a sideways range at yesterday’s session and ended with slight drops. In the Euro STOXX, Pharma and Energy were the best-performing sectors while Automobiles and Banks saw the biggest drops. On the macroeconomic level, in the euro zone, June’s final manufacturing PMI was raised to 47.4 from 46.9 previously. In Germany, June’s unemployment climbed much less than expected and, in Spain, June’s manufacturing PMI rose more than expected. From th...

Research Department

INFORME DIARIO 02 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, FLUIDRA, OHL, TELEFÓNICA EUROPA: BANCOS EUROPA Cotizando sin sobresaltos Los principales índices europeos se mantuvieron en un rango lateral durante toda la jornada para cerrar con pequeñas caídas. Dentro del Euro STOXX los mejores sectores fueron Farma y Energía mientras que Autos y Bancos presentaron las mayores caídas. Por el lado macro, la Eurozona el dato final del PMI manufacturero de junio se revisó al alza hasta el 47,4 desde el 46,9 anterior. En Alemania el desempleo de junio repuntó mucho menos de lo esperado y en España, el PMI ma...

Research Department

INFORME DIARIO 24 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, AMADEUS, BANKINTER, CELLNEX, GRUPO CATALANA OCCIDENTE, NH HOTELES, SECTOR ELECTRICO/RENOVABLES, SIEMENS GAMESA, TELEFONICA. EUROPA: BAYER, SAFRAN, UNILEVER Menores tensiones y subidas en bolsa Fuertes ganancias en Europa, después de que las incertidumbres comerciales se redujesen (el acuerdo comercial entre China y EE.UU. sigue vigente) y tras los buenos datos macro adelantados de junio. En el Euro STOXX los mejores sectores fueron financieros como Bancos y cíclicos de beta alta como Autos, mientras que Viajes&Ocio y Construcción fueron los ...

Research Department

BANCO SABADELL RECOMMENDED PORTFOLIO WEEK 23 TO 30 OCTOBER 2019 (ANÁLISIS BANCO SABADELL)

European Portfolio We lower Volkswagen’s weight and raise that of Airbus. European High Yield Portfolio Air Liquide, Allianz, Daimler, SAP & Vivendi No changes this week. Spanish Recommended Portfolio No changes this week. 5-Stock Recommended Portfolio ACS, Caixabank, Cellnex, Ferrovial & Telefónica No changes this week. 5 High-Yield Stock Portfolio Iberdrola, Merlin, Repsol, Santander & Telefónica No changes this week. Mid&Small Recommended Portfolio Applus, CAF, Dominion, Enagás, Ence, Indra, Logista, Másmóvil, Sacyr & Unicaja No changes this week.

Jérôme VINERIER

Short term view - ACS : The recovery is a consolidation.

The trend is bearish. The recovery is a consolidation. The fall might resume toward €29.77. The background trend would be questioned should prices rise above €33.82.

Jérôme VINERIER

Analyse court terme - ACS : La reprise est une consolidation.

La tendance est baissière. La reprise est une consolidation. La baisse risque de reprendre jusqu'à 29,77 €. La tendance de fond serait remise en cause en cas de franchissement de 33,82 €.

Jérôme VINERIER

Short term view - ACS : The trend is bearish.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €29.77. The bearish trend would be challenged above €33.82.

Jérôme VINERIER

Analyse court terme - ACS : La tendance est baissière.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 29,77 €. La tendance baissière serait remise en cause au-dessus de 33,82 €.

Valérie GASTALDY

Medium term view - ACS : The recent fall is getting more vigorous.

The trend is bullish. The recent fall is getting more vigorous. The next support is at €32.37. A break below €26.61 would challenge the trend.

ACS Actividades De Construccion Y Servicios: 1 director bought

A director at ACS Actividades De Construccion Y Servicios bought 2,500 shares at 19.850EUR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listi...

Research Department

IBERIAN DAILY 09 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, BANKINTER, COLONIAL, REPSOL. MARKETS YESTERDAY AND TODAY Profit taking continues The main European stock markets posted losses of around -1% in view of the rising number of global coronavirus cases. Asia, led by China, continues the rally from the past few days, spurred by the macro recovery and the lack of significant consequences from the national security law being applied in Hong Kong. In the Euro STOXX, all the sectors except Utilities closed in the red, with Banks and Construction showing the worst relative performance. On the macro side, the President of the World B...

Research Department

INFORME DIARIO 09 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, BANKINTER, COLONIAL, REPSOL. EUROPA: AIRBUS, DAIMLER, SAP Continúa la toma de beneficios Caídas en las principales bolsas europeas de alrededor del -1% ante el incremento del número de contagios de Covid-19 en el mundo. Asia, liderada por China, sigue con el rebote de los últimos días alentada por la recuperación macro y la ausencia de consecuencias notables a la aplicación de la ley de seguridad nacional en Hong Kong. En el Euro STOXX, todos los sectores menos Utilities cerraron en negativo, con Bancos y Construcción mostrando el peor compo...

Research Department

IBERIAN DAILY 02 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, BANKING SECTOR, FLUIDRA, OHL, TELEFÓNICA. MARKETS YESTERDAY AND TODAY Markets trade smoothly The main European indices remained within a sideways range at yesterday’s session and ended with slight drops. In the Euro STOXX, Pharma and Energy were the best-performing sectors while Automobiles and Banks saw the biggest drops. On the macroeconomic level, in the euro zone, June’s final manufacturing PMI was raised to 47.4 from 46.9 previously. In Germany, June’s unemployment climbed much less than expected and, in Spain, June’s manufacturing PMI rose more than expected. From th...

Research Department

INFORME DIARIO 02 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, FLUIDRA, OHL, TELEFÓNICA EUROPA: BANCOS EUROPA Cotizando sin sobresaltos Los principales índices europeos se mantuvieron en un rango lateral durante toda la jornada para cerrar con pequeñas caídas. Dentro del Euro STOXX los mejores sectores fueron Farma y Energía mientras que Autos y Bancos presentaron las mayores caídas. Por el lado macro, la Eurozona el dato final del PMI manufacturero de junio se revisó al alza hasta el 47,4 desde el 46,9 anterior. En Alemania el desempleo de junio repuntó mucho menos de lo esperado y en España, el PMI ma...

Research Department

INFORME DIARIO 24 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, AMADEUS, BANKINTER, CELLNEX, GRUPO CATALANA OCCIDENTE, NH HOTELES, SECTOR ELECTRICO/RENOVABLES, SIEMENS GAMESA, TELEFONICA. EUROPA: BAYER, SAFRAN, UNILEVER Menores tensiones y subidas en bolsa Fuertes ganancias en Europa, después de que las incertidumbres comerciales se redujesen (el acuerdo comercial entre China y EE.UU. sigue vigente) y tras los buenos datos macro adelantados de junio. En el Euro STOXX los mejores sectores fueron financieros como Bancos y cíclicos de beta alta como Autos, mientras que Viajes&Ocio y Construcción fueron los ...

Thanks to a better fundamental star rating, ACS ACTIV.CONSTR.Y SERV. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to ACS ACTIV.CONSTR.Y SERV. (ES), active in the Heavy Construction industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date May 26, 2020, the closing price was EUR 24.08 and its expected value was estimated at EUR 21.48.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

ACS, Actividades Construcción y Servicios S.A. – AGM 7 May 2020

In items 4.1 and 4.2, it is proposed to re-elect Mr. Echenique Landiríbar and Mr. Hernández Herreros as proprietary Directors for a period of 4 years. Due to the lack of independence on the Board (25%), we recommend that shareholders oppose both resolutions.   In item 5, shareholders are called to a vote on the 2021-2023 Remuneration Policy. We regret that the terms and conditions for the vesting of both the annual bonus and the long-term incentive are not yet defined. Furthermore, we have concerns over the egregious contributions paid towards the executive Chairman's and the CEO's pension p...

Expert Corporate Governance Service (ECGS)

ACS, Actividades Construcción y Servicios S.A. - AGM 09 May 2019

In items 5.1 - 5.12, twelve of the board's eighteen members are standing for re-election. We have recommended shareholders vote against all but three of the directors due to the lack of independence on the Board. We are further concerned with the large size of the board, lack of gender diversity and the failure to propose all directors for annual re-election. The separation of powers between the Executive Chairman and the CEO continues to be confusing with some of the company's materials referring to the Chairman as an "Executive Chairman" and others referring to a "Chairman-CEO". In particul...

ACS ACTIVIDADES – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 04/05/2017

In item 3, shareholders are called to an advisory vote on the Annual Remuneration Report, including the remuneration policy and the amounts paid in the last year. The Company has improved the quality of disclosure, including the performance metrics used to calculate the 2017 bonus, but individual weightings are not disclosed and it is not clear whether a percentage of the bonus will depend on a discretionary assessment. In 2016, the Company paid an additional fee of € 1 million to a non-executive Director, for his "dedication and efforts". We strongly regret that extraordinary bonuses are allo...

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