Jacobs Solutions (NYSE:J – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.100-7.350 for the period, compared to the consensus estimate of 7.120. The company issued revenue guidance of $13.0 billion-$13.0 billion, compared to the consensus revenue estimate of $13.3 billion.
Jacobs Solutions Stock Up 4.2%
Shares of NYSE J traded up $5.50 during midday trading on Tuesday, hitting $136.24. The stock had a trading volume of 3,002,769 shares, compared to its average volume of 909,166. The business’s 50 day moving average is $130.01 and its 200-day moving average is $138.07. The company has a market cap of $16.00 billion, a P/E ratio of 37.32, a PEG ratio of 1.33 and a beta of 0.73. Jacobs Solutions has a 52 week low of $117.36 and a 52 week high of $168.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72.
Jacobs Solutions (NYSE:J – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, analysts predict that Jacobs Solutions will post 7.13 EPS for the current year.
Jacobs Solutions Dividend Announcement
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Robert W. Baird lowered their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company increased their price objective on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.60.
Get Our Latest Research Report on Jacobs Solutions
Insider Buying and Selling
In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company’s stock.
Institutional Trading of Jacobs Solutions
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC purchased a new stake in Jacobs Solutions during the second quarter valued at approximately $321,000. Riggs Asset Managment Co. Inc. purchased a new stake in Jacobs Solutions during the second quarter valued at approximately $239,000. Flow Traders U.S. LLC purchased a new stake in Jacobs Solutions during the third quarter valued at approximately $233,000. ANB Bank purchased a new stake in Jacobs Solutions during the fourth quarter valued at approximately $219,000. Finally, Peapack Gladstone Financial Corp purchased a new stake in Jacobs Solutions during the second quarter valued at approximately $205,000. 85.65% of the stock is owned by hedge funds and other institutional investors.
Jacobs Solutions Company Profile
Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.
Further Reading
Receive News & Ratings for Jacobs Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
