Jacobs Solutions Stock Price, News & Analysis (NYSE:J)

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jacobs Solutions in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" J shares.
View J analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 1 year price objectives for Jacobs Solutions' stock. Their J share price targets range from $137.00 to $160.00. On average, they expect the company's stock price to reach $149.60 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
View analysts price targets for J or view top-rated stocks among Wall Street analysts.

Jacobs Solutions' stock was trading at $120.07 on January 1st, 2023. Since then, J stock has increased by 4.0% and is now trading at $124.88.
View the best growth stocks for 2023 here.

Jacobs Solutions saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 1,280,000 shares, an increase of 24.3% from the October 15th total of 1,030,000 shares. Based on an average daily trading volume, of 576,800 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.0% of the shares of the stock are short sold.
View Jacobs Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our J earnings forecast.

Jacobs Solutions Inc. (NYSE:J) posted its earnings results on Tuesday, November, 21st. The company reported $1.90 EPS for the quarter, missing the consensus estimate of $2.02 by $0.12. The business had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $4.21 billion. Jacobs Solutions had a net margin of 4.07% and a trailing twelve-month return on equity of 14.19%. The firm's revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.80 earnings per share.
Read the conference call transcript.

Jacobs Solutions declared a quarterly dividend on Thursday, September 28th. Stockholders of record on Friday, October 27th will be given a dividend of $0.26 per share on Thursday, November 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, October 26th.
Read our dividend analysis for J.

Jacobs Solutions (NYSE:J) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.85%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, J will have a dividend payout ratio of 11.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for J.

ETFs with the largest weight of Jacobs Solutions (NYSE:J) stock in their portfolio include Kovitz Core Equity ETF (EQTY), 2ndVote Life Neutral Plus ETF (LYFE), American Century Mid Cap Growth Impact (MID), Janus Henderson Net Zero Transition Resources ETF (JZRO), Newday Ocean Health ETF (AHOY), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), WealthTrust DBS Long Term Growth ETF (WLTG) and Global X U.S. Infrastructure Development ETF (PAVE).

Jacobs Solutions declared that its board has authorized a share repurchase plan on Wednesday, January 25th 2023, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Jacobs Solutions updated its FY24 earnings guidance on Tuesday, November, 21st. The company provided EPS guidance of $7.70-8.20 for the period, compared to the consensus EPS estimate of $8.30. The company issued revenue guidance of $1.53-1.60 billion, compared to the consensus revenue estimate of $17.29 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jacobs Solutions investors own include Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY), AT&T (T), Salesforce (CRM), NVIDIA (NVDA), PayPal (PYPL), Cisco Systems (CSCO), Walt Disney (DIS) and Home Depot (HD).

Jacobs Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (4.94%), Allspring Global Investments Holdings LLC (2.73%), Ruane Cunniff & Goldfarb L.P. (2.28%), Ninety One UK Ltd (1.53%), Third Point LLC (1.43%) and Invesco Ltd. (1.36%). Insiders that own company stock include Christopher MT Thompson, Dawne S Hickton, Kevin C Berryman, Linda Fayne Levinson, Michael R Tyler, Robert V Pragada and Steven J Demetriou.
View institutional ownership trends.

Shares of J stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.