UBS Group Issues Positive Forecast for Jacobs Solutions (NYSE:J) Stock Price

Jacobs Solutions (NYSE:JGet Free Report) had its target price increased by analysts at UBS Group from $156.00 to $167.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 13.39% from the stock’s current price.

Several other equities analysts have also weighed in on J. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Jacobs Solutions in a research note on Monday, August 3rd. Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Truist Financial decreased their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. Finally, Citigroup lifted their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Jacobs Solutions has an average rating of “Moderate Buy” and an average target price of $153.70.

Read Our Latest Analysis on Jacobs Solutions

Jacobs Solutions Stock Up 1.5%

NYSE:J traded up $2.21 during trading hours on Monday, hitting $147.28. 544,598 shares of the company traded hands, compared to its average volume of 1,057,887. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a market cap of $17.39 billion, a PE ratio of 52.23, a PEG ratio of 1.40 and a beta of 0.68. The firm’s 50-day simple moving average is $128.65 and its 200-day simple moving average is $129.22. Jacobs Solutions has a one year low of $105.68 and a one year high of $168.44.

Jacobs Solutions (NYSE:JGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities analysts predict that Jacobs Solutions will post 7.26 earnings per share for the current year.

Insider Buying and Selling at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 253 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the purchase, the director owned 12,504 shares in the company, valued at approximately $1,407,450.24. The trade was a 2.07% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the transaction, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. The trade was a 1.09% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.48% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of J. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the 3rd quarter worth approximately $27,000. Wealth Watch Advisors INC purchased a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new stake in shares of Jacobs Solutions during the fourth quarter worth about $38,000. Torren Management LLC acquired a new stake in Jacobs Solutions in the 4th quarter valued at about $41,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Jacobs Solutions during the fourth quarter worth about $46,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

About Jacobs Solutions

(Get Free Report)

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.

Further Reading

Analyst Recommendations for Jacobs Solutions (NYSE:J)

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