$1.28 EPS Expected for Jacobs Engineering Group Inc (NYSE:JEC) This Quarter

Wall Street analysts expect that Jacobs Engineering Group Inc (NYSE:JEC) will report $1.28 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Jacobs Engineering Group’s earnings. The highest EPS estimate is $1.32 and the lowest is $1.21. Jacobs Engineering Group reported earnings of $1.31 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 2.3%. The business is scheduled to report its next quarterly earnings results before the market opens on Monday, November 25th.

On average, analysts expect that Jacobs Engineering Group will report full-year earnings of $4.89 per share for the current year, with EPS estimates ranging from $4.79 to $5.03. For the next fiscal year, analysts anticipate that the company will post earnings of $5.57 per share, with EPS estimates ranging from $5.46 to $5.80. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Jacobs Engineering Group.

Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings data on Monday, August 5th. The construction company reported $1.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.15. Jacobs Engineering Group had a net margin of 5.06% and a return on equity of 11.11%. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the business earned $1.35 EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis.

Several research analysts have commented on the stock. Bank of America restated a “buy” rating and issued a $98.00 price objective on shares of Jacobs Engineering Group in a report on Thursday, August 22nd. Credit Suisse Group upped their price objective on shares of Jacobs Engineering Group from $85.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, August 6th. KeyCorp upped their price objective on shares of Jacobs Engineering Group from $90.00 to $103.00 and gave the stock an “overweight” rating in a report on Wednesday. ValuEngine lowered shares of Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research upgraded shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research note on Friday, August 16th. One analyst has rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $88.89.

Shares of NYSE JEC opened at $93.37 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.17. Jacobs Engineering Group has a 12 month low of $55.17 and a 12 month high of $94.44. The firm has a market capitalization of $12.59 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.52 and a beta of 1.34. The firm has a fifty day simple moving average of $91.40 and a two-hundred day simple moving average of $83.57.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 4th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $0.68 annualized dividend and a dividend yield of 0.73%. Jacobs Engineering Group’s payout ratio is 15.21%.

Several institutional investors have recently modified their holdings of the stock. State Board of Administration of Florida Retirement System increased its stake in Jacobs Engineering Group by 15.0% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 182,922 shares of the construction company’s stock valued at $15,437,000 after purchasing an additional 23,829 shares in the last quarter. Janus Henderson Group PLC increased its stake in Jacobs Engineering Group by 99.0% during the 2nd quarter. Janus Henderson Group PLC now owns 87,042 shares of the construction company’s stock valued at $7,345,000 after purchasing an additional 43,301 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Jacobs Engineering Group by 5.5% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,276,187 shares of the construction company’s stock valued at $445,258,000 after purchasing an additional 277,316 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in Jacobs Engineering Group by 3.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 321,814 shares of the construction company’s stock valued at $27,158,000 after purchasing an additional 9,920 shares in the last quarter. Finally, North Growth Management Ltd. bought a new stake in Jacobs Engineering Group during the 2nd quarter valued at about $2,565,000. Institutional investors own 90.66% of the company’s stock.

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc provides technical, professional, and construction services. The company's Aerospace, Technology, Environmental and Nuclear segment offers scientific, engineering, construction, nuclear, environmental, and technical support services to the aerospace, defense, technical, and automotive industries.

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Earnings History and Estimates for Jacobs Engineering Group (NYSE:JEC)

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