News headlines about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jacobs Engineering Group earned a news impact score of 0.19 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 46.8102082712818 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s analysis:
JEC has been the topic of several recent research reports. Macquarie upgraded shares of Jacobs Engineering Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 8th. Goldman Sachs Group upgraded shares of Jacobs Engineering Group from a “neutral” rating to a “buy” rating in a report on Tuesday, April 3rd. Vertical Research raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th. Deutsche Bank raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $72.00 to $73.00 in a research note on Thursday, March 29th. Finally, Credit Suisse Group lifted their price target on shares of Jacobs Engineering Group from $82.00 to $86.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Jacobs Engineering Group has an average rating of “Buy” and a consensus price target of $75.54.
Jacobs Engineering Group traded up $0.58, hitting $65.04, during midday trading on Friday, Marketbeat.com reports. 1,065,029 shares of the stock were exchanged, compared to its average volume of 869,900. Jacobs Engineering Group has a 1 year low of $49.31 and a 1 year high of $72.18. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.05 and a beta of 1.49. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.49 and a quick ratio of 1.49.
Jacobs Engineering Group (NYSE:JEC) last released its earnings results on Tuesday, May 8th. The construction company reported $1.00 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.13. The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.60 billion. Jacobs Engineering Group had a net margin of 1.97% and a return on equity of 8.76%. The company’s revenue was up 70.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 EPS. analysts forecast that Jacobs Engineering Group will post 4.26 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 15th. Stockholders of record on Friday, May 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Thursday, May 17th. Jacobs Engineering Group’s payout ratio is currently 18.52%.
In other news, Director Robert C. Davidson, Jr. sold 700 shares of Jacobs Engineering Group stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $65.95, for a total value of $46,165.00. Following the completion of the transaction, the director now directly owns 28,618 shares of the company’s stock, valued at approximately $1,887,357.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher M.T. Thompson purchased 4,000 shares of the firm’s stock in a transaction dated Tuesday, May 22nd. The stock was acquired at an average cost of $64.10 per share, with a total value of $256,400.00. Following the completion of the acquisition, the director now directly owns 15,318 shares in the company, valued at approximately $981,883.80. The disclosure for this purchase can be found here. 0.74% of the stock is currently owned by insiders.
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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