Jacobs Engineering (NYSE:J) is scheduled to release its earnings data before the market opens on Monday, August 3rd. Analysts expect Jacobs Engineering to post earnings of $0.99 per share for the quarter. Jacobs Engineering has set its Q2 guidance at $1.39 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
Jacobs Engineering (NYSE:J) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.13. The company had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Jacobs Engineering had a net margin of 6.23% and a return on equity of 12.61%. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. On average, analysts expect Jacobs Engineering to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
J stock opened at $85.35 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.97 and a quick ratio of 1.97. Jacobs Engineering has a 1 year low of $59.29 and a 1 year high of $104.00. The stock has a market capitalization of $11.10 billion, a PE ratio of 14.08, a price-to-earnings-growth ratio of 2.46 and a beta of 0.96. The company’s 50-day moving average is $83.28 and its 200-day moving average is $85.51.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 24th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Thursday, July 23rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.89%. Jacobs Engineering’s dividend payout ratio is presently 15.05%.
In other news, Director Linda Fayne Levinson sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $85.21, for a total transaction of $85,210.00. Following the completion of the transaction, the director now directly owns 56,888 shares of the company’s stock, valued at approximately $4,847,426.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.
A number of research firms recently weighed in on J. KeyCorp upped their target price on shares of Jacobs Engineering from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Argus lowered their target price on shares of Jacobs Engineering from $116.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Benchmark lowered their target price on shares of Jacobs Engineering from $115.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Barclays restated a “buy” rating and issued a $100.00 target price on shares of Jacobs Engineering in a report on Thursday, April 16th. Finally, Stifel Nicolaus lowered their target price on shares of Jacobs Engineering from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, May 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $99.80.
About Jacobs Engineering
Jacobs Engineering Group, Inc engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. Jacobs provides professional services through two lines of businesses: Critical Mission Solutions, and People and Places Solutions.
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