Jacobs Solutions Inc. (NYSE:J) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Jacobs Solutions Inc. has received an average recommendation of "Moderate Buy" from nine brokerages, with four hold ratings and five buy ratings, and a 12-month price target averaging $157.71.
• Recently, institutional investors have shown significant activity, with Cary Street Partners boosting its stake by 103.3% and various entities acquiring new stakes adding up to 85.65% of the stock owned by institutional investors.
• The company reported $1.62 EPS for the last quarter, beating estimates, but saw a revenue decline of 28.4% year-over-year, with FY 2025 guidance set between 6.000-6.100 EPS.

Shares of Jacobs Solutions Inc. (NYSE:J - Get Free Report) have been given an average recommendation of "Moderate Buy" by the nine brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $157.7143.

J has been the topic of a number of analyst reports. UBS Group increased their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. KeyCorp increased their price objective on Jacobs Solutions from $155.00 to $157.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Citigroup increased their price objective on Jacobs Solutions from $147.47 to $166.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Truist Financial increased their price objective on Jacobs Solutions from $148.00 to $163.00 and gave the company a "hold" rating in a research note on Wednesday, October 8th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Jacobs Solutions in a research note on Wednesday, October 8th.

Institutional Trading of Jacobs Solutions

Hedge funds have recently added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC boosted its stake in Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company's stock worth $25,000 after buying an additional 95 shares during the last quarter. Rossby Financial LCC acquired a new stake in Jacobs Solutions in the 1st quarter worth about $33,000. Costello Asset Management INC acquired a new stake in Jacobs Solutions in the 2nd quarter worth about $43,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Jacobs Solutions in the 2nd quarter worth about $44,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Jacobs Solutions in the 2nd quarter worth about $44,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Stock Down 0.4%

Jacobs Solutions stock opened at $155.37 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market capitalization of $18.57 billion, a price-to-earnings ratio of 38.75, a price-to-earnings-growth ratio of 1.84 and a beta of 0.81. Jacobs Solutions has a fifty-two week low of $106.23 and a fifty-two week high of $161.99. The stock's fifty day moving average is $149.42 and its two-hundred day moving average is $135.57.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $1.62 EPS for the quarter, beating analysts' consensus estimates of $1.56 by $0.06. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The business's revenue for the quarter was down 28.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.96 earnings per share. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. Analysts predict that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, August 22nd were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, August 22nd. Jacobs Solutions's dividend payout ratio (DPR) is presently 31.92%.

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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