Media stories about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive on Monday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jacobs Engineering Group earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.6576413360914 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Shares of Jacobs Engineering Group (JEC) traded up $1.23 on Monday, reaching $66.69. 1,110,542 shares of the company traded hands, compared to its average volume of 820,894. The stock has a market cap of $8,100.00, a price-to-earnings ratio of 20.27, a P/E/G ratio of 1.42 and a beta of 1.56. Jacobs Engineering Group has a 12-month low of $49.31 and a 12-month high of $67.69. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.56.
Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.16. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.58 billion. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. Jacobs Engineering Group’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 EPS. research analysts anticipate that Jacobs Engineering Group will post 3.44 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.60 annualized dividend and a yield of 0.90%. Jacobs Engineering Group’s dividend payout ratio (DPR) is currently 24.79%.
JEC has been the topic of several recent research reports. ValuEngine raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. KeyCorp reissued a “buy” rating and set a $60.00 price target on shares of Jacobs Engineering Group in a research report on Friday, August 25th. Argus reissued a “buy” rating and set a $73.00 price target on shares of Jacobs Engineering Group in a research report on Monday, November 27th. They noted that the move was a valuation call. DA Davidson reissued a “hold” rating and set a $68.00 price target on shares of Jacobs Engineering Group in a research report on Wednesday, November 22nd. They noted that the move was a valuation call. Finally, Citigroup set a $64.00 price target on shares of Jacobs Engineering Group and gave the company a “hold” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $67.44.
In related news, Director Joseph R. Bronson sold 6,125 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $63.01, for a total value of $385,936.25. Following the sale, the director now directly owns 30,496 shares in the company, valued at approximately $1,921,552.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.49% of the stock is currently owned by insiders.
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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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