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 04 AUGUST (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, ACS, MASMÓVIL, MERLIN, OHL. MARKETS YESTERDAY AND TODAY Macroeconomic data underpin a rally following the losses from the last few days European stock markets saw an increasing performance, fuelled by the good PMI data in the euro zone and the bullish US opening (following the good manufacturing ISM data and the fact that Trump apparently accepted Microsoft’s proposal to get hold of TikTok). In the Euro STOXX, Construction, Automobiles and Media led gains, while Real Estate and Food ended almost flat. On the macroeconomic level, in the euro zone, Germany and Spain, ...

Research Department

INFORME DIARIO 04 AGOSTO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, ACS, MASMÓVIL, MERLIN, OHL. EUROPA: BAYER. Los datos macro apoyan un rebote tras las caídas de los últimos días Evolución de menos a más de las bolsas europeas animadas por los buenos datos de PMI en Eurozona y la apertura alcista de EE.UU. (tras el buen dato de ISM manufacturero y que Trump pareciera aceptar la propuesta de Microsoft de quedarse con TikTok). En el Euro STOXX, lideraron las subidas Construcción, Autos y Media mientras que Inmobiliario y Alimentación cerraron casi planos. Por el lado macro en Eurozona, Alemania y España l...

Research Department

INFORME DIARIO 31 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, ARCELOR MITTAL, CAF, CAIXABANK, FERROVIAL, GRUPO CATALANA OCCIDENTE, MEDIASET ESPAÑA, MELIÁ HOTELS, TALGO. EUROPA: AB INBEV, BNP, ESSILORLUXOTTICA, INTESA SANPAOLO, LINDE, LOREAL, NOKIA, VINCI, VIVENDI, VOLKSWAGEN. Alemania arrastra a Europa Los malos datos del PIB del 2T’20 en Alemania, que podrían anticipar sorpresas negativas en la periferia, provocaron la toma de beneficios en el resto de plazas de Europa, con caídas por encima del -3%. En el Euro STOXX todos los sectores registraron pérdidas, encabezadas por los financieros Bancos y Seg...

Research Department

IBERIAN DAILY 31 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, ARCELOR MITTAL, CAF, CAIXABANK, FERROVIAL, GRUPO CATALANA OCCIDENTE, MEDIASET ESPAÑA, MELIÁ HOTELS, TALGO. MARKETS YESTERDAY AND TODAY Germany drags down Europe The poor 2Q’20 GDP data in Germany, which could augur negative surprises in the periphery, led to profit taking in the rest of the European indices, with drops of more than -3%. In the Euro STOXX, almost all the sectors were in the red, led by Banks and Insurance, whereas Travel & Leisure rose (+1.3%; after the strong rise in Francaise des Jeux) and Food fell the least. On the macro side, in the euro zone the econ...

Research Department

INFORME DIARIO 29 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, AEDAS, AENA, CELLNEX, IBERPAPEL, SANTANDER, VOCENTO. EUROPA: AIR LIQUIDE, AXA, INTESA, KERING, PREVIOS SEMANA PRÓXIMA, SANOFI Europa se estabiliza, pero siguen las dudas con el Covid-19 Los índices de Europa se mantuvieron en un rango lateral, muy influidos por el calendario de resultados empresariales. A destacar el rebote del Ibex 35 (+1%) que compensó las caídas del lunes. Dentro del Euro STOXX encabezaron las ganancias Viajes&Ocio e Inmobiliario frente a R. Básicos y S. Financieros que registraron las mayores caídas. Por el lado macro, e...

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 04 AUGUST (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, ACS, MASMÓVIL, MERLIN, OHL. MARKETS YESTERDAY AND TODAY Macroeconomic data underpin a rally following the losses from the last few days European stock markets saw an increasing performance, fuelled by the good PMI data in the euro zone and the bullish US opening (following the good manufacturing ISM data and the fact that Trump apparently accepted Microsoft’s proposal to get hold of TikTok). In the Euro STOXX, Construction, Automobiles and Media led gains, while Real Estate and Food ended almost flat. On the macroeconomic level, in the euro zone, Germany and Spain, ...

Research Department

INFORME DIARIO 04 AGOSTO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, ACS, MASMÓVIL, MERLIN, OHL. EUROPA: BAYER. Los datos macro apoyan un rebote tras las caídas de los últimos días Evolución de menos a más de las bolsas europeas animadas por los buenos datos de PMI en Eurozona y la apertura alcista de EE.UU. (tras el buen dato de ISM manufacturero y que Trump pareciera aceptar la propuesta de Microsoft de quedarse con TikTok). En el Euro STOXX, lideraron las subidas Construcción, Autos y Media mientras que Inmobiliario y Alimentación cerraron casi planos. Por el lado macro en Eurozona, Alemania y España l...

Research Department

INFORME DIARIO 31 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, ARCELOR MITTAL, CAF, CAIXABANK, FERROVIAL, GRUPO CATALANA OCCIDENTE, MEDIASET ESPAÑA, MELIÁ HOTELS, TALGO. EUROPA: AB INBEV, BNP, ESSILORLUXOTTICA, INTESA SANPAOLO, LINDE, LOREAL, NOKIA, VINCI, VIVENDI, VOLKSWAGEN. Alemania arrastra a Europa Los malos datos del PIB del 2T’20 en Alemania, que podrían anticipar sorpresas negativas en la periferia, provocaron la toma de beneficios en el resto de plazas de Europa, con caídas por encima del -3%. En el Euro STOXX todos los sectores registraron pérdidas, encabezadas por los financieros Bancos y Seg...

Research Department

IBERIAN DAILY 31 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, ARCELOR MITTAL, CAF, CAIXABANK, FERROVIAL, GRUPO CATALANA OCCIDENTE, MEDIASET ESPAÑA, MELIÁ HOTELS, TALGO. MARKETS YESTERDAY AND TODAY Germany drags down Europe The poor 2Q’20 GDP data in Germany, which could augur negative surprises in the periphery, led to profit taking in the rest of the European indices, with drops of more than -3%. In the Euro STOXX, almost all the sectors were in the red, led by Banks and Insurance, whereas Travel & Leisure rose (+1.3%; after the strong rise in Francaise des Jeux) and Food fell the least. On the macro side, in the euro zone the econ...

Research Department

INFORME DIARIO 29 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACS, AEDAS, AENA, CELLNEX, IBERPAPEL, SANTANDER, VOCENTO. EUROPA: AIR LIQUIDE, AXA, INTESA, KERING, PREVIOS SEMANA PRÓXIMA, SANOFI Europa se estabiliza, pero siguen las dudas con el Covid-19 Los índices de Europa se mantuvieron en un rango lateral, muy influidos por el calendario de resultados empresariales. A destacar el rebote del Ibex 35 (+1%) que compensó las caídas del lunes. Dentro del Euro STOXX encabezaron las ganancias Viajes&Ocio e Inmobiliario frente a R. Básicos y S. Financieros que registraron las mayores caídas. Por el lado macro, e...

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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