In looking at the established data, the sell-side professionals reviewing the stock listed mean target price of $61.444 for Jacobs Engineering Group Inc. (NYSE:JEC). It is the mean target of 9 calls disclosed by brokerages.
As per Wall Street experts, Jacobs Engineering Group Inc. (NYSE:JEC) quarterly earnings can come on $0.63. It is the mean identified by analysts’ reported figures. The corporation last stated EPS of $0.77 for the period completing on 2016-09-30.
Earnings per share predictions are street professionals’ stance of how much profits a corporation will record based on elements like management, anticipated sales, overall economic scenario, competition and demand. It is the prime yardstick set against which disclosed financial earnings are assessed.
The mean estimate is built on the expert ratings for definite stock. The measure is uniquely intended with grades of 1 to 5. Shareholders are persuaded to strong buy when ranking is ‘1’ and they can keep holdings when rating is 3. On this measure, the ranking of equity is 2.45 based on 9 recommendations.
Of the 9 analyst predictions, the shares’ high target is $68 in the imminent 12-months but the bearish target is $55.
Looking ahead to equity estimates for year, EPS agreed yearly target is $3.13.
Bullish analyst expects the corporation posting EPS of $3.39 whereas the bearish target is $2.8.
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