Jacobs Engineering Group (JEC) Getting Somewhat Positive Press Coverage, Study Finds
Media headlines about Jacobs Engineering Group (NYSE:JEC) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jacobs Engineering Group earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 47.0182285341182 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Jacobs Engineering Group Inc (JEC) Expected to Post Earnings of $0.83 Per Share (americanbankingnews.com)
- Jacobs Engineering (JEC) Sells Its Interest in Neste Jacobs Oy – StreetInsider.com (streetinsider.com)
- Jacobs Engineering : NASA Selects Jacobs for Engineering Services and Science Capability Augmentation (4-traders.com)
- Jacobs Announces Sale of Its Interest in Neste Jacobs Oy (enhancedonlinenews.com)
- Jacobs Sells Its 40% Interest In Neste Jacobs Oy To Neste – Quick Facts (nasdaq.com)
Several research firms recently weighed in on JEC. BidaskClub raised Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Zacks Investment Research raised Jacobs Engineering Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Citigroup Inc. lowered Jacobs Engineering Group from a “buy” rating to a “neutral” rating and set a $62.00 price objective on the stock. in a research note on Thursday, August 3rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $61.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, August 4th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, August 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. Jacobs Engineering Group presently has a consensus rating of “Hold” and an average price target of $61.89.
Jacobs Engineering Group (NYSE JEC) opened at 58.27 on Friday. Jacobs Engineering Group has a 52-week low of $49.16 and a 52-week high of $63.42. The company has a market capitalization of $7.01 billion, a P/E ratio of 30.99 and a beta of 1.52. The firm has a 50-day moving average price of $53.34 and a 200 day moving average price of $53.88.
Jacobs Engineering Group (NYSE:JEC) last posted its quarterly earnings data on Tuesday, August 8th. The construction company reported $0.79 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.79. Jacobs Engineering Group had a return on equity of 8.56% and a net margin of 3.52%. The firm had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the prior year, the business earned $0.78 EPS. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. On average, analysts predict that Jacobs Engineering Group will post $3.13 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, October 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, October 12th. Jacobs Engineering Group’s payout ratio is currently 31.75%.
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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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