Media stories about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jacobs Engineering Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 46.8351560479002 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
Jacobs Engineering Group traded down $0.56, reaching $62.99, during midday trading on Monday, MarketBeat Ratings reports. 1,151,211 shares of the company’s stock traded hands, compared to its average volume of 1,263,815. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.06 and a beta of 1.49. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.42. Jacobs Engineering Group has a fifty-two week low of $62.59 and a fifty-two week high of $63.64.
Jacobs Engineering Group (NYSE:JEC) last announced its quarterly earnings results on Tuesday, May 8th. The construction company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.13. The firm had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.60 billion. Jacobs Engineering Group had a net margin of 1.97% and a return on equity of 8.76%. Jacobs Engineering Group’s revenue was up 70.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 earnings per share. equities analysts forecast that Jacobs Engineering Group will post 4.26 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, May 18th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, May 17th. This represents a $0.60 dividend on an annualized basis and a yield of 0.95%. Jacobs Engineering Group’s dividend payout ratio (DPR) is 18.52%.
A number of brokerages have recently commented on JEC. UBS upgraded shares of Jacobs Engineering Group from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Monday, January 29th. Barclays lifted their price target on shares of Jacobs Engineering Group from $75.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Goldman Sachs upgraded shares of Jacobs Engineering Group from a “sell” rating to a “neutral” rating in a report on Tuesday, January 30th. Credit Suisse Group reiterated an “outperform” rating and set a $82.00 price target on shares of Jacobs Engineering Group in a report on Thursday, January 18th. Finally, Jefferies Group set a $70.00 target price on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $75.54.
About Jacobs Engineering Group
Jacobs Engineering Group Inc provides technical, professional, and construction services. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services.
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