Jacobs Solutions (NYSE:J – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.850-6.200 for the period, compared to the consensus earnings per share estimate of 6.010. The company issued revenue guidance of -. Jacobs Solutions also updated its FY25 guidance to $5.85-6.20 EPS.
Jacobs Solutions Stock Up 0.7 %
Shares of Jacobs Solutions stock traded up $0.98 on Thursday, hitting $133.25. The company had a trading volume of 487,515 shares, compared to its average volume of 758,961. The stock has a market capitalization of $16.53 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 2.11 and a beta of 0.72. Jacobs Solutions has a 1 year low of $110.95 and a 1 year high of $150.54. The stock has a 50 day moving average of $136.46 and a 200-day moving average of $141.13. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.20 and a current ratio of 1.20.
Jacobs Solutions (NYSE:J – Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.04. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.92 billion. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. Jacobs Solutions’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.45 earnings per share. As a group, sell-side analysts forecast that Jacobs Solutions will post 6.06 earnings per share for the current year.
Jacobs Solutions Increases Dividend
Jacobs Solutions announced that its board has initiated a stock repurchase program on Tuesday, February 4th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on J. StockNews.com began coverage on Jacobs Solutions in a research report on Wednesday, December 4th. They issued a “hold” rating on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $152.00 price objective on shares of Jacobs Solutions in a research report on Tuesday, December 3rd. Truist Financial increased their price objective on Jacobs Solutions from $137.00 to $142.00 and gave the stock a “hold” rating in a research report on Thursday, December 19th. Robert W. Baird lowered their price objective on Jacobs Solutions from $154.00 to $148.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Citigroup lowered their price objective on Jacobs Solutions from $161.00 to $160.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.89.
About Jacobs Solutions
Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.
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