Jacobs Engineering Group Inc. is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company's services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services. It operates four lines of business (LOBs): Petroleum and Chemicals; Buildings and Infrastructure; Aerospace and Technology, and Industrial. It caters its services to various sectors, such as oil and gas exploration, production and refining; chemicals and polymers; programs for various national governments, including aerospace, defense, and environmental programs; buildings; infrastructure and telecommunications; mining and minerals; pharmaceuticals and biotechnology; power; pulp and paper; technology and manufacturing, and food and consumer products.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Highway & Bridge Construction
- Sub-Industry: Construction & Engineering
- Symbol: NYSE:JEC
- CUSIP: 46981410
- Web: www.jacobs.com
- Market Cap: $6.83991 billion
- Outstanding Shares: 120,315,000
- 50 Day Moving Avg: $53.34
- 200 Day Moving Avg: $53.88
- 52 Week Range: $49.15 - $63.42
Sales & Book Value:
- Trailing P/E Ratio: 30.70
- Foreward P/E Ratio: 16.93
- P/E Growth: 2.30
- Annual Revenue: $10.01 billion
- Price / Sales: 0.69
- Book Value: $35.14 per share
- Price / Book: 1.64
- Annual Dividend: $0.60
- Dividend Yield: 1.1%
- EBIDTA: $643.74 million
- Net Margins: 2.29%
- Return on Equity: 8.67%
- Return on Assets: 5.10%
- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 1.60%
- Quick Ratio: 1.60%
- Average Volume: 824,472 shs.
- Beta: 1.52
Frequently Asked Questions for Jacobs Engineering Group (NYSE:JEC)
What is Jacobs Engineering Group's stock symbol?
Jacobs Engineering Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "JEC."
How often does Jacobs Engineering Group pay dividends? What is the dividend yield for Jacobs Engineering Group?
Jacobs Engineering Group announced a quarterly dividend on Tuesday, July 18th. Investors of record on Friday, August 4th will be given a dividend of $0.15 per share on Friday, September 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, August 2nd. View Jacobs Engineering Group's Dividend History.
How were Jacobs Engineering Group's earnings last quarter?
Jacobs Engineering Group Inc. (NYSE:JEC) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.79 EPS for the quarter, hitting analysts' consensus estimates of $0.79. The business earned $2.52 billion during the quarter, compared to the consensus estimate of $2.52 billion. Jacobs Engineering Group had a net margin of 2.29% and a return on equity of 8.67%. The firm's quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the business earned $0.78 earnings per share. View Jacobs Engineering Group's Earnings History.
When will Jacobs Engineering Group make its next earnings announcement?
What guidance has Jacobs Engineering Group issued on next quarter's earnings?
Jacobs Engineering Group issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $3.00-3.15 for the period, compared to the Thomson Reuters consensus estimate of $3.13.
Where is Jacobs Engineering Group's stock going? Where will Jacobs Engineering Group's stock price be in 2017?
8 analysts have issued 1-year price targets for Jacobs Engineering Group's shares. Their forecasts range from $57.00 to $69.00. On average, they anticipate Jacobs Engineering Group's stock price to reach $61.88 in the next twelve months. View Analyst Ratings for Jacobs Engineering Group.
What are analysts saying about Jacobs Engineering Group stock?
Here are some recent quotes from research analysts about Jacobs Engineering Group stock:
- 1. According to Zacks Investment Research, "Jacobs’ third-quarter fiscal 2017 earnings of 79 cents per share came in line with the Zacks Consensus Estimate. The company also recently inked a $2.85-billion deal to acquire CH2M, in a bid to become a $15-billion global solutions provider, moving ahead. Jacobs noted that its restructuring initiatives would likely generate greater cost synergies in the quarters ahead. The company is also poised to grow on the back of lucrative business contracts and is well focused in maximizing shareholders’ value. However, over the last one year, the stock underperformed and looks overvalued compared to the industry. Notably, headwinds such as stiff industry rivalry, challenging energy market conditions, weaker field services business or reduced public spending in the UK might hurt near-term results." (8/10/2017)
- 2. Jefferies Group LLC analysts commented, "JEC reported F1Q17 EPS of $0.68, ahead of our $0.55 estimate and consensus of $0.63. Mgmt. maintained its F2017 EPS guide of $3.00-3.30, with additional bookings (higher margin) required to hit the upper end. While revenues remained down YoY and backlogs stepped back QoQ, JEC's mix continues to improve as it transitions toward profitable growth. Maintain Hold." (2/9/2017)
Who are some of Jacobs Engineering Group's key competitors?
Some companies that are related to Jacobs Engineering Group include Cemex S.A.B. de C.V. (CX), Martin Marietta Materials (MLM), Lennar Corporation (LEN), Masco Corporation (MAS), United Rentals (URI), NVR (NVR), Lennar Corporation (LEN.B), Rollins (ROL), Owens Corning (OC), PulteGroup (PHM), Lennox International (LII), RPM International (RPM), Acuity Brands (AYI), Toll Brothers (TOL), ServiceMaster Global Holdings (SERV), James Hardie Industries PLC. (JHX), Thor Industries (THO) and Quanta Services (PWR).
Who are Jacobs Engineering Group's key executives?
Jacobs Engineering Group's management team includes the folowing people:
- Steven J. Demetriou, Chairman of the Board, President, Chief Executive Officer
- Kevin C. Berryman, Chief Financial Officer, Executive Vice President
- Terence D. Hagen, President, Aerospace & Technology
- Joseph G. Mandel, President - Petroleum & Chemicals
- Robert V. Pragada, President, Buildings & Infrastructure
- William Benton Allen Jr., Senior Vice President, Chief Accounting Officer
- Michael R. Tyler, Senior Vice President, General Counsel
- Lori S. Sundberg, Senior Vice President - Global Human Resources
- Linda Fayne Levinson, Lead Independent Director
- Robert A. McNamara, Director
Who owns Jacobs Engineering Group stock?
Jacobs Engineering Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.92%), BlackRock Inc. (6.56%), State Street Corp (4.29%), FMR LLC (3.75%), Dimensional Fund Advisors LP (2.64%) and Victory Capital Management Inc. (2.10%). Company insiders that own Jacobs Engineering Group stock include Dawne S Hickton, Joseph R Bronson, Noel G Watson, Robert C Davidson Jr and Terence D Hagen. View Institutional Ownership Trends for Jacobs Engineering Group.
Who sold Jacobs Engineering Group stock? Who is selling Jacobs Engineering Group stock?
Jacobs Engineering Group's stock was sold by a variety of institutional investors in the last quarter, including Westpac Banking Corp, Ameriprise Financial Inc., Thrivent Financial For Lutherans, State Street Corp, Clinton Group Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Northern Trust Corp and Royal Bank of Canada. Company insiders that have sold Jacobs Engineering Group stock in the last year include Joseph R Bronson and Noel G Watson. View Insider Buying and Selling for Jacobs Engineering Group.
Who bought Jacobs Engineering Group stock? Who is buying Jacobs Engineering Group stock?
Jacobs Engineering Group's stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Victory Capital Management Inc., APG Asset Management N.V., BT Investment Management Ltd, Marshall Wace North America L.P., FIL Ltd, Vanguard Group Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Jacobs Engineering Group.
How do I buy Jacobs Engineering Group stock?
Shares of Jacobs Engineering Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Jacobs Engineering Group's stock price today?
MarketBeat Community Rating for Jacobs Engineering Group (NYSE JEC)MarketBeat's community ratings are surveys of what our community members think about Jacobs Engineering Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Jacobs Engineering Group stock can currently be purchased for approximately $57.72.
Consensus Ratings for Jacobs Engineering Group (NYSE:JEC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$61.88 (7.20% upside)|
Analysts' Ratings History for Jacobs Engineering Group (NYSE:JEC)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/4/2017||Jefferies Group LLC||Reiterated Rating||Hold||$61.00||Low|
|8/3/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$62.00 -> $62.00||High|
|5/12/2017||Robert W. Baird||Reiterated Rating||Neutral||$62.00 -> $64.00||Low|
|4/21/2017||Credit Suisse Group||Reiterated Rating||Buy||$69.00||Medium|
|2/9/2017||DA Davidson||Reiterated Rating||Neutral||N/A|
|11/24/2016||MKM Partners||Set Price Target||Hold||$57.00||N/A|
|11/23/2016||Deutsche Bank AG||Boost Price Target||Hold||$50.00 -> $60.00||N/A|
|8/19/2016||Argus||Reiterated Rating||Buy||$58.00 -> $60.00||N/A|
|8/12/2016||FBR & Co||Boost Price Target||Mkt Perform||$47.00 -> $55.00||N/A|
|8/11/2016||Johnson Rice||Downgrade||Accumulate -> Hold||N/A|
|5/24/2016||Bank of America Corporation||Reiterated Rating||Hold||N/A|
|4/14/2016||Standpoint Research||Downgrade||Buy -> Hold||N/A|
|3/28/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||$33.00 -> $35.00||N/A|
|2/8/2016||JP Morgan Cazenove||Reiterated Rating||Neutral||$45.00 -> $41.00||N/A|
|2/4/2016||Macquarie||Lower Price Target||Underperform||$35.00 -> $29.75||N/A|
|2/4/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$45.00 -> $41.00||N/A|
|11/24/2015||William Blair||Reiterated Rating||Market Perform||$42.00||N/A|
Earnings History for Jacobs Engineering Group (NYSE:JEC)Earnings History by Quarter for Jacobs Engineering Group (NYSE JEC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q3 2017||$0.79||$0.79||$2.52 billion||$2.52 billion||View||Listen|
|5/9/2017||Q2 2017||$0.71||$0.78||$2.63 billion||$2.30 billion||View||Listen|
|2/8/2017||Q117||$0.63||$0.68||$2.80 billion||$2.60 billion||View||Listen|
|11/22/2016||Q416||$0.77||$0.77||$2.78 billion||$2.64 billion||View||N/A|
|8/9/2016||Q316||$0.75||$0.78||$2.79 billion||$2.70 billion||View||N/A|
|5/5/2016||Q216||$0.68||$0.75||$2.79 billion||$2.78 billion||View||N/A|
|2/3/2016||Q116||$0.69||$0.78||$3.00 billion||$2.85 billion||View||N/A|
|11/23/2015||Q415||$0.77||$0.80||$3.00 billion||$3.12 billion||View||Listen|
|7/28/2015||Q315||$0.74||$0.97||$3.01 billion||$2.90 billion||View||Listen|
|4/28/2015||Q215||$0.79||$0.72||$3.19 billion||$2.90 billion||View||N/A|
|1/28/2015||Q115||$0.78||$0.77||$3.18 billion||$3.19 billion||View||N/A|
|11/17/2014||Q414||$0.85||$0.88||$3.33 billion||$3.22 billion||View||N/A|
|7/28/2014||Q314||$0.80||$0.84||$3.41 billion||$3.23 billion||View||N/A|
|4/28/2014||Q214||$0.89||$0.82||$3.33 billion||$3.18 billion||View||N/A|
|7/29/2013||Q3 2013||$0.85||$0.83||$2.98 billion||$3.08 billion||View||Listen|
|4/29/2013||Q2 2013||$0.83||$0.80||$2.93 billion||$2.84 billion||View||N/A|
Earnings Estimates for Jacobs Engineering Group (NYSE:JEC)
2017 EPS Consensus Estimate: $3.08
2018 EPS Consensus Estimate: $3.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Jacobs Engineering Group (NYSE:JEC)
|Most Recent Dividend:||9/1/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||31.75% (Trailing 12 Months of Earnings) |
19.35% (Based on This Year's Estimates)
17.60% (Based on Next Year's Estimates)
Dividend History by Quarter for Jacobs Engineering Group (NYSE JEC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Jacobs Engineering Group (NYSE:JEC)
Insider Ownership Percentage: 1.49%Insider Trades by Quarter for Jacobs Engineering Group (NYSE:JEC)
Institutional Ownership Percentage: 86.11%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/6/2016||Joseph R Bronson||Director||Sell||14,500||$60.23||$873,335.00|| |
|10/4/2016||Noel G Watson||Director||Sell||66,668||$51.71||$3,447,402.28|| |
|8/29/2016||Terence D Hagen||Insider||Sell||18,639||$54.73||$1,020,112.47|| |
|7/5/2016||Noel G Watson||Director||Sell||66,666||$49.28||$3,285,300.48|| |
|6/13/2016||Joseph R Bronson||Director||Sell||2,500||$51.36||$128,400.00|| |
|5/20/2016||Noel G Watson||Director||Sell||33,333||$49.27||$1,642,316.91|| |
|5/13/2016||Robert C Davidson Jr||Director||Sell||2,500||$49.53||$123,825.00|| |
|5/10/2016||Noel G Watson||Director||Sell||33,333||$49.62||$1,653,983.46|| |
|2/12/2016||Dawne S Hickton||Director||Buy||2,800||$36.02||$100,856.00|| |
|8/17/2015||Philip J Stassi||EVP||Sell||10,000||$44.04||$440,400.00|| |
|6/22/2015||Philip J Stassi||EVP||Sell||10,000||$44.00||$440,000.00|| |
|3/5/2015||Philip J Stassi||EVP||Sell||5,000||$43.98||$219,900.00|| |
|2/18/2015||Robert C Davidson Jr||Director||Sell||5,000||$43.74||$218,700.00|| |
|2/6/2015||George A Kunberger Jr||EVP||Sell||5,000||$40.96||$204,800.00|| |
|3/17/2014||Thomas Hammond||EVP||Sell||1,800||$64.41||$115,938.00|| |
|3/4/2014||George Kunberger, Jr.||EVP||Sell||40,000||$61.50||$2,460,000.00|| |
|3/3/2014||Nazim Thawerbhoy||SVP||Sell||10,000||$60.36||$603,600.00|| |
|2/24/2014||Linda Fayne Levinson||Director||Sell||5,000||$60.75||$303,750.00|| |
|2/19/2014||Nazim Thawerbhoy||SVP||Sell||7,294||$61.53||$448,799.82|| |
|2/14/2014||Edward Fritzky||Director||Sell||8,000||$60.34||$482,720.00|| |
|2/12/2014||Christopher M.T. Thompson||Director||Buy||10,000||$60.71||$607,100.00|| |
|12/3/2013||George Kunberger, Jr.||EVP||Sell||2,000||$58.57||$117,140.00|| |
|9/25/2013||Robert Davidson, Jr.||Director||Sell||4,000||$58.36||$233,440.00|| |
|9/19/2013||Nazim Thawerbhoy||SVP||Sell||6,000||$59.72||$358,320.00|| |
|9/17/2013||Joseph Bronson||Director||Sell||5,000||$58.75||$293,750.00|| |
|9/12/2013||Robert Davidson, Jr.||Director||Sell||1,000||$58.05||$58,050.00|| |
|2/15/2013||Linda Fayne Levinson||Director||Sell||4,000||$49.05||$196,200.00|| |
Headline Trends for Jacobs Engineering Group (NYSE:JEC)
Latest Headlines for Jacobs Engineering Group (NYSE:JEC)
Jacobs Engineering Group (JEC) Chart for Thursday, September, 21, 2017