Jacobs Engineering Group (NYSE:J – Get a rating) will announce its results before the market opens on Tuesday, May 3. Analysts expect the company to report earnings of $1.70 per share for the quarter. Investors wishing to participate in the company’s conference call can do so using this link.
Jacobs Engineering Group (NYSE:J – Get a rating) last reported results on Tuesday, February 8. The company reported EPS of $1.56 for the quarter, missing analyst consensus estimates of $1.60 per ($0.04). Jacobs Engineering Group achieved a net margin of 2.51% and a return on equity of 13.90%. The company posted revenue of $3.38 billion in the quarter, versus analyst estimates of $3.63 billion. During the same period last year, the company posted EPS of $1.41. Jacobs Engineering Group revenue increased 0.0% compared to the same quarter last year. On average, analysts expect Jacobs Engineering Group to post EPS of $7 for the current fiscal year and EPS of $8 for the next fiscal year.
Jacobs Engineering Group Shares opened at $138.55 on Friday. Jacobs Engineering Group has a one-year low of $114.11 and a one-year high of $150.32. The company has a debt ratio of 0.50, a quick ratio of 1.40 and a current ratio of 1.40. The company has a fifty-day moving average of $135.59 and a two-hundred-day moving average of $136.08. The company has a market capitalization of $17.90 billion, a P/E ratio of 61.04, a price-to-earnings growth ratio of 1.62 and a beta of 0.86.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 24. Shareholders of record on Friday, May 27 will receive a dividend of $0.23. This represents a dividend of $0.92 on an annualized basis and a yield of 0.66%. The ex-date of this dividend is Thursday, May 26. Jacobs Engineering Group’s dividend payout ratio (DPR) is currently 40.53%.
Hedge funds have recently changed their positions in the stock. Deutsche Bank AG increased its stake in shares of Jacobs Engineering Group by 42.3% during the 4th quarter. Deutsche Bank AG now owns 313,765 shares of the company valued at $43,687,000 after acquiring an additional 93,342 shares in the last quarter. DE Shaw & Co. Inc. increased its stake in shares of Jacobs Engineering Group by 235.4% during the 4th quarter. DE Shaw & Co. Inc. now owns 18,687 shares of the company valued at $2,602,000 after acquiring 13,115 additional shares in the last quarter. Barclays PLC increased its stake in shares of Jacobs Engineering Group by 3.9% during the 4th quarter. Barclays PLC now owns 172,600 shares in the company valued at $24,030,000 after acquiring a further 6,438 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of Jacobs Engineering Group by 2.8% during the 4th quarter. California State Teachers Retirement System now owns 233,446 shares of the company valued at $32,503,000 after acquiring 6,433 additional shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Jacobs Engineering Group during Q4 valued at approximately $533,000. 87.72% of the shares are held by hedge funds and other institutional investors.
A number of research firms commented on the J. Berenberg Bank downgrading Jacobs Engineering Group from a “buy” rating to a “hold” rating in a Thursday, Jan. 6, report. The Royal Bank of Canada began covering the Jacobs Engineering Group in a report on Wednesday. They issued an “outperform” rating and a target price of $173.00 for the company. StockNews.com upgraded shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research report on Thursday. Credit Suisse Group lowered its price target on Jacobs Engineering Group shares from $175.00 to $161.00 and set an “outperform” rating on the stock in a Wednesday, Feb. 9 research report. Finally, Stifel Nicolaus began covering Jacobs Engineering Group shares in a research report on Thursday, March 17. They issued a “buy” rating and a price target of $159.00 on the stock. Two research analysts gave the stock a hold rating and eight gave the stock a buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $164.22.
Jacobs Engineering Group Company Profile (Get a rating)
Jacobs Engineering Group Inc provides consulting, technical, scientific and project delivery services for the public and private sectors in the United States, Europe, Canada, India, Rest of Asia, Australia, New Zealand, South America, Mexico, the Middle East, and Africa. The Company operates in two segments, Critical Mission Solutions and People & Places Solutions.
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