A significant driver of top-line growth: Jacobs Solutions Inc (J)

With 1.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.77 million shares. During the session, the Engineering & Construction company that operates in wider Industrials sector, reached to the highest price of $149.35 whereas the lowest price it dropped to was $139.87. The 52-week range on J shows that it touched its highest point at $150.54 and its lowest point at $100.79 during that stretch. It currently has a 1-year price target of $147.12. With its current market cap of 17.47 billion, J has annualized dividend of $1.16 while the current yield stands at 0.82%. Beta for the stock currently stands at 0.72.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of J was down-trending over the past week, with a drop of -2.93%, but this was down by -0.44% over a month. Three-month performance surged to 14.63% while six-month performance rose 22.25%. The stock gained 22.88% in the past year, while it has gained 29.74% so far this year. A look at the trailing 12-month EPS for J yields 5.06 with Next year EPS estimates of 8.19. For the next quarter, that number is 1.82. This implies an EPS growth rate of 20.45% for this year and 13.06% for next year. EPS is expected to grow by 10.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.99%.

Float and Shares Shorts:

At present, 125.98 million J shares are outstanding with a float of 122.73 million shares on hand for trading. On 2024-10-31, short shares totaled 1.39 million, which was 111.99999999999999 higher than short shares on 1727654400. In addition to Mr. Robert V. Pragada as the firm’s CEO & Chair of the Board, Ms. Joanne E. Caruso serves as its Executive VP, Chief Legal & Administration Officer.

Institutional Ownership:

Through their ownership of 0.84418 of J’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-28, J reported revenue of $4231580000.0 and operating income of $260464000.0. The EBITDA in the recently reported quarter was $348928000.0 and diluted EPS was $1.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for J since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With J analysts setting a high price target of 176.0 and a low target of 121.0, the average target price over the next 12 months is 152.61082. Based on these targets, J could surge 25.17% to reach the target high and fall by -13.95% to reach the target low. Reaching the average price target will result in a growth of 8.53% from current levels.

Analysts have provided yearly estimates in a range of $7.28659 being high and $7.19551 being low. For J, this leads to a yearly average estimate of $7.24105. The surprise factor in the prior quarter was $1.86. Based on analyst estimates, the high estimate for the next quarter is $1.62 and the low estimate is $1.23. The average estimate for the next quarter is thus $1.38.