Jacobs Engineering Group (JEC) Earning Somewhat Favorable News Coverage, Accern Reports
Media headlines about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jacobs Engineering Group earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 47.3028416466611 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Jacobs Engineering Group (JEC) Broke Out To A New High After Q4 Profit Climbs (rttnews.com)
- Jacobs Engineering Group’s (JEC) CEO Steve Demetriou on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Jacobs Engineering Group Inc. (JEC) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Jacobs Engineering Group Inc. (JEC) Expected to Earn Q1 2018 Earnings of $0.70 Per Share (americanbankingnews.com)
- DA Davidson Weighs in on Jacobs Engineering Group Inc.’s Q1 2018 Earnings (JEC) (americanbankingnews.com)
Shares of Jacobs Engineering Group (NYSE JEC) traded down $0.08 during trading hours on Thursday, reaching $64.78. 864,600 shares of the company were exchanged, compared to its average volume of 816,945. The stock has a market cap of $7,813.43, a PE ratio of 20.08, a PEG ratio of 1.51 and a beta of 1.51. Jacobs Engineering Group has a one year low of $49.31 and a one year high of $65.80. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.60 and a current ratio of 1.56.
Jacobs Engineering Group (NYSE:JEC) last issued its earnings results on Tuesday, November 21st. The construction company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.16. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 EPS. equities research analysts predict that Jacobs Engineering Group will post 3.46 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Thursday, October 12th. Jacobs Engineering Group’s payout ratio is presently 24.69%.
Several research firms have recently weighed in on JEC. KeyCorp raised their price objective on shares of Jacobs Engineering Group from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday. DA Davidson restated a “hold” rating and set a $68.00 price objective on shares of Jacobs Engineering Group in a research report on Wednesday. They noted that the move was a valuation call. ValuEngine upgraded shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research cut shares of Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Robert W. Baird restated a “hold” rating and set a $63.00 price objective on shares of Jacobs Engineering Group in a research report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $64.89.
Jacobs Engineering Group Company Profile
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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