Jacobs Solutions Inc. (NYSE:J – Free Report) – Equities research analysts at William Blair reduced their FY2025 earnings estimates for shares of Jacobs Solutions in a research report issued on Tuesday, May 6th. William Blair analyst L. Dipalma now forecasts that the company will earn $6.01 per share for the year, down from their prior forecast of $6.03. The consensus estimate for Jacobs Solutions’ current full-year earnings is $6.05 per share. William Blair also issued estimates for Jacobs Solutions’ FY2026 earnings at $7.11 EPS.
Other equities research analysts also recently issued reports about the stock. Royal Bank of Canada lifted their target price on shares of Jacobs Solutions from $152.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday. Citigroup decreased their price objective on Jacobs Solutions from $161.00 to $151.00 and set a “buy” rating for the company in a report on Friday, April 25th. Robert W. Baird cut their target price on Jacobs Solutions from $154.00 to $148.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. Finally, Truist Financial cut their price objective on Jacobs Solutions from $141.00 to $130.00 and set a “hold” rating on the stock in a research report on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $151.14.
Jacobs Solutions Trading Up 3.0 %
Shares of Jacobs Solutions stock opened at $122.92 on Thursday. Jacobs Solutions has a 1 year low of $106.23 and a 1 year high of $156.31. The firm has a market capitalization of $15.06 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.84 and a beta of 0.77. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $120.48 and its 200 day moving average is $131.02.
Jacobs Solutions (NYSE:J – Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.41 by $0.02. Jacobs Solutions had a net margin of 4.28% and a return on equity of 14.87%. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $3 billion. During the same period last year, the firm earned $1.91 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year.
Jacobs Solutions Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.04%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 35.26%.
Jacobs Solutions declared that its board has approved a stock repurchase program on Tuesday, February 4th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the company to purchase up to 9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Jefferies Financial Group Inc. bought a new position in Jacobs Solutions in the first quarter valued at $17,570,000. Natixis Advisors LLC increased its position in shares of Jacobs Solutions by 6.1% during the 1st quarter. Natixis Advisors LLC now owns 508,694 shares of the company’s stock valued at $61,496,000 after purchasing an additional 29,242 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Jacobs Solutions by 108.3% during the 1st quarter. Arkadios Wealth Advisors now owns 8,634 shares of the company’s stock valued at $1,044,000 after buying an additional 4,490 shares in the last quarter. XTX Topco Ltd lifted its position in Jacobs Solutions by 119.1% in the 1st quarter. XTX Topco Ltd now owns 12,223 shares of the company’s stock worth $1,478,000 after buying an additional 6,644 shares during the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new stake in Jacobs Solutions in the first quarter worth approximately $105,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.
Jacobs Solutions Company Profile
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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