Jacobs Solutions Inc. (NYSE:J) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Jacobs Solutions Inc. has been given a consensus rating of "Moderate Buy", with three analysts recommending a hold and six recommending a buy.
• The average 1-year target price set by brokers for Jacobs Solutions stock is $153.25, reflecting optimism regarding its future performance.
• The company recently announced a quarterly dividend of $0.32, translating to an annual yield of 0.9% and a payout ratio of 35.26%.

Jacobs Solutions Inc. (NYSE:J - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nine research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $153.25.

J has been the topic of several recent analyst reports. UBS Group lowered their price target on Jacobs Solutions from $154.00 to $152.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Truist Financial raised their price target on Jacobs Solutions from $130.00 to $141.00 and gave the company a "hold" rating in a report on Monday, May 12th. Royal Bank Of Canada raised their price target on Jacobs Solutions from $152.00 to $154.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. KeyCorp raised Jacobs Solutions from a "sector weight" rating to an "overweight" rating and set a $155.00 price target on the stock in a report on Wednesday, July 16th. Finally, Citigroup raised their price target on Jacobs Solutions from $147.47 to $166.00 and gave the company a "buy" rating in a report on Monday, July 28th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Colonial Trust Co SC lifted its holdings in shares of Jacobs Solutions by 10,250.0% during the fourth quarter. Colonial Trust Co SC now owns 207 shares of the company's stock valued at $28,000 after purchasing an additional 205 shares in the last quarter. Rossby Financial LCC purchased a new position in Jacobs Solutions in the 1st quarter worth about $33,000. Costello Asset Management INC bought a new position in Jacobs Solutions during the 2nd quarter valued at about $43,000. Moisand Fitzgerald Tamayo LLC bought a new position in Jacobs Solutions during the 2nd quarter valued at about $44,000. Finally, Optiver Holding B.V. boosted its holdings in shares of Jacobs Solutions by 113.8% during the 4th quarter. Optiver Holding B.V. now owns 357 shares of the company's stock valued at $48,000 after acquiring an additional 190 shares during the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Stock Down 1.9%

Shares of NYSE J opened at $139.24 on Monday. Jacobs Solutions has a one year low of $106.23 and a one year high of $150.54. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.50 and a quick ratio of 1.50. The business's fifty day moving average price is $132.28 and its 200-day moving average price is $128.05. The stock has a market capitalization of $16.73 billion, a PE ratio of 38.36, a P/E/G ratio of 1.96 and a beta of 0.79.

Jacobs Solutions (NYSE:J - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.02. Jacobs Solutions had a return on equity of 15.67% and a net margin of 3.53%. The firm had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $3 billion. During the same quarter in the prior year, the firm earned $1.91 EPS. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. On average, equities research analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 22nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, August 22nd. Jacobs Solutions's dividend payout ratio is currently 35.26%.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.

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