Jacobs Solutions (NYSE:J) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Jacobs Solutions (NYSE:J) announced its quarterly earnings results on Tuesday. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.29 by $0.04, Zacks reports. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 EPS. Jacobs Solutions updated its FY 2025 guidance to 5.850-6.200 EPS and its FY25 guidance to $5.85-6.20 EPS.

Jacobs Solutions Stock Down 3.5 %

J stock opened at $133.89 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average price of $136.63 and a two-hundred day moving average price of $141.19. The company has a market cap of $16.61 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 2.11 and a beta of 0.72. Jacobs Solutions has a twelve month low of $110.95 and a twelve month high of $150.54.

Jacobs Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 21st will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.96%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, February 21st. Jacobs Solutions’s dividend payout ratio (DPR) is currently 18.33%.

Jacobs Solutions declared that its board has authorized a share buyback plan on Tuesday, February 4th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the company to purchase up to 9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Robert W. Baird boosted their target price on Jacobs Solutions from $147.00 to $149.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Citigroup cut their price target on Jacobs Solutions from $161.00 to $160.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and issued a $152.00 target price on shares of Jacobs Solutions in a research note on Tuesday, December 3rd. The Goldman Sachs Group restated a “neutral” rating and issued a $150.00 target price on shares of Jacobs Solutions in a research note on Tuesday, December 10th. Finally, Truist Financial upped their target price on Jacobs Solutions from $137.00 to $142.00 and gave the company a “hold” rating in a research note on Thursday, December 19th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $156.00.

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.