Jacobs Solutions (NYSE:J – Get Free Report) had its price objective boosted by stock analysts at Citigroup from $181.00 to $188.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup‘s price target indicates a potential upside of 28.77% from the company’s current price.
A number of other brokerages have also weighed in on J. UBS Group upped their target price on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, August 30th. KeyCorp lowered their price target on shares of Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Royal Bank Of Canada raised their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Hold” and a consensus price target of $156.78.
Check Out Our Latest Research Report on Jacobs Solutions
Jacobs Solutions Stock Down 0.2%
Shares of NYSE:J traded down $0.26 during trading on Friday, hitting $146.00. 272,321 shares of the company’s stock traded hands, compared to its average volume of 1,003,359. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average price of $143.17 and a 200-day moving average price of $132.48. Jacobs Solutions has a 52 week low of $105.68 and a 52 week high of $168.44. The company has a market cap of $17.24 billion, a price-to-earnings ratio of 51.84, a price-to-earnings-growth ratio of 1.79 and a beta of 0.72.
Jacobs Solutions (NYSE:J – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the prior year, the business earned $1.62 EPS. Jacobs Solutions’s revenue for the quarter was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, research analysts forecast that Jacobs Solutions will post 7.24 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.48% of the stock is owned by insiders.
Institutional Trading of Jacobs Solutions
A number of institutional investors have recently bought and sold shares of the business. Yousif Capital Management LLC lifted its position in shares of Jacobs Solutions by 0.6% during the 3rd quarter. Yousif Capital Management LLC now owns 12,724 shares of the company’s stock valued at $1,721,000 after acquiring an additional 77 shares during the period. Frank Rimerman Advisors LLC raised its stake in Jacobs Solutions by 5.0% in the third quarter. Frank Rimerman Advisors LLC now owns 1,711 shares of the company’s stock valued at $231,000 after purchasing an additional 81 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Jacobs Solutions by 1.5% during the first quarter. Sequoia Financial Advisors LLC now owns 6,633 shares of the company’s stock worth $844,000 after purchasing an additional 97 shares during the period. Flynn Zito Capital Management LLC grew its stake in Jacobs Solutions by 6.0% during the first quarter. Flynn Zito Capital Management LLC now owns 1,975 shares of the company’s stock worth $251,000 after buying an additional 111 shares in the last quarter. Finally, Patrick M Sweeney & Associates Inc. increased its holdings in Jacobs Solutions by 3.8% in the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 3,137 shares of the company’s stock valued at $424,000 after buying an additional 115 shares during the period. Institutional investors own 85.65% of the company’s stock.
Jacobs Solutions Company Profile
Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.
Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.
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