Media stories about Jacobs Engineering Group (NYSE:JEC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jacobs Engineering Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.0687628974034 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Zacks: Analysts Expect Jacobs Engineering Group Inc. (JEC) to Post $0.83 Earnings Per Share (americanbankingnews.com)
- Jacobs (JEC) Displays Bright Prospects Amid Macro Headwinds – Nasdaq (nasdaq.com)
- Jacobs Engineering: Growth On The Horizon – Seeking Alpha (seekingalpha.com)
- Jacobs' (JEC) Joint Venture Wins $5B M&O Contract from NNSA (finance.yahoo.com)
Several analysts have issued reports on JEC shares. BidaskClub upgraded shares of Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Citigroup Inc. lowered shares of Jacobs Engineering Group from a “buy” rating to a “neutral” rating and set a $62.00 price target on the stock. in a research report on Thursday, August 3rd. Jefferies Group LLC restated a “hold” rating and issued a $61.00 price target on shares of Jacobs Engineering Group in a research report on Friday, August 4th. Citadel Securities lowered shares of Jacobs Engineering Group from a “buy” rating to a “neutral” rating and raised their price target for the stock from $62.00 to $66.00 in a research report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded shares of Jacobs Engineering Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $62.30.
Jacobs Engineering Group (JEC) opened at 55.98 on Thursday. The company has a market capitalization of $6.74 billion, a P/E ratio of 29.78 and a beta of 1.52. The stock’s 50 day moving average is $52.85 and its 200-day moving average is $53.90. Jacobs Engineering Group has a 12-month low of $49.15 and a 12-month high of $63.42.
Jacobs Engineering Group (NYSE:JEC) last released its quarterly earnings data on Tuesday, August 8th. The construction company reported $0.79 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.79. Jacobs Engineering Group had a net margin of 2.29% and a return on equity of 8.67%. The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the company earned $0.78 earnings per share. The company’s quarterly revenue was down 6.6% on a year-over-year basis. On average, equities analysts predict that Jacobs Engineering Group will post $3.13 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 4th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 2nd. This represents a $0.60 annualized dividend and a dividend yield of 1.07%. Jacobs Engineering Group’s dividend payout ratio (DPR) is presently 31.75%.
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About Jacobs Engineering Group
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.
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