Jacobs Engineering Group (JEC) Earns Daily News Sentiment Score of 0.27
Headlines about Jacobs Engineering Group (NYSE:JEC) have trended positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news 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 0.27 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 47.3640185400734 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Jacobs Engineering Group’s (JEC) “Buy” Rating Reaffirmed at Alembic Global Advisors (americanbankingnews.com)
- DA Davidson Comments on Jacobs Engineering Group Inc’s FY2019 Earnings (JEC) (americanbankingnews.com)
- FY2018 EPS Estimates for Jacobs Engineering Group Inc (JEC) Lifted by Analyst (americanbankingnews.com)
- Jacobs Engineering Group Inc (JEC) to Post Q2 2018 Earnings of $0.85 Per Share, Jefferies Group Forecasts (americanbankingnews.com)
- Jacobs Engineering (JEC) Presents At Cowen and Company 39th Annual Aerospace/Defense Conference – Slideshow (seekingalpha.com)
Several equities analysts have recently commented on the stock. Barclays assumed coverage on shares of Jacobs Engineering Group in a report on Tuesday, December 12th. They issued an “overweight” rating and a $75.00 target price on the stock. Robert W. Baird set a $75.00 target price on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a report on Wednesday, February 7th. Alembic Global Advisors reissued a “buy” rating on shares of Jacobs Engineering Group in a report on Monday. UBS Group raised shares of Jacobs Engineering Group from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Monday, January 29th. Finally, Jefferies Group set a $70.00 price target on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $74.00.
Jacobs Engineering Group (NYSE:JEC) last announced its quarterly earnings results on Wednesday, February 7th. The construction company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.10. Jacobs Engineering Group had a net margin of 2.30% and a return on equity of 8.59%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.56 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. Jacobs Engineering Group’s quarterly revenue was up 7.8% on a year-over-year basis. analysts anticipate that Jacobs Engineering Group will post 4.01 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, February 15th. Jacobs Engineering Group’s dividend payout ratio (DPR) is 30.93%.
In other Jacobs Engineering Group news, Director Joseph R. Bronson sold 6,125 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $63.01, for a total transaction of $385,936.25. Following the transaction, the director now owns 30,496 shares in the company, valued at $1,921,552.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.74% of the company’s stock.
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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