Jacobs Solutions (NYSE:J - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.000-6.100 for the period, compared to the consensus EPS estimate of 5.999. The company issued revenue guidance of -.
Jacobs Solutions Trading Up 3.5%
Shares of J traded up $4.87 during trading on Tuesday, reaching $144.79. 726,807 shares of the company traded hands, compared to its average volume of 828,309. Jacobs Solutions has a twelve month low of $106.23 and a twelve month high of $150.54. The stock has a market cap of $17.40 billion, a PE ratio of 39.89, a price-to-earnings-growth ratio of 1.96 and a beta of 0.79. The stock has a 50-day simple moving average of $132.57 and a 200-day simple moving average of $128.06. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.68.
Jacobs Solutions (NYSE:J - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.06. Jacobs Solutions had a net margin of 3.53% and a return on equity of 15.67%. The business had revenue of $3.03 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same period last year, the business earned $1.96 earnings per share. The business's revenue for the quarter was down 28.4% on a year-over-year basis. On average, analysts anticipate that Jacobs Solutions will post 6.05 earnings per share for the current year.
Jacobs Solutions Announces Dividend
The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $1.28 annualized dividend and a dividend yield of 0.9%. Jacobs Solutions's dividend payout ratio (DPR) is presently 35.26%.
Wall Street Analysts Forecast Growth
J has been the subject of several analyst reports. Royal Bank Of Canada boosted their price target on shares of Jacobs Solutions from $152.00 to $154.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. UBS Group lowered their price target on shares of Jacobs Solutions from $154.00 to $152.00 and set a "buy" rating for the company in a report on Friday, May 9th. Truist Financial boosted their price target on shares of Jacobs Solutions from $130.00 to $141.00 and gave the stock a "hold" rating in a report on Monday, May 12th. Citigroup boosted their price target on shares of Jacobs Solutions from $147.47 to $166.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Finally, KeyCorp upgraded shares of Jacobs Solutions from a "sector weight" rating to an "overweight" rating and set a $155.00 price target for the company in a report on Wednesday, July 16th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $153.25.
Read Our Latest Stock Report on J
Institutional Trading of Jacobs Solutions
An institutional investor recently raised its position in Jacobs Solutions stock. Woodline Partners LP boosted its holdings in Jacobs Solutions Inc. (NYSE:J - Free Report) by 38.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,353 shares of the company's stock after purchasing an additional 2,891 shares during the quarter. Woodline Partners LP's holdings in Jacobs Solutions were worth $1,252,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 85.65% of the company's stock.
Jacobs Solutions Company Profile
(
Get Free Report)
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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