Jacobs Solutions (NYSE:J) Releases Quarterly Earnings Results, Misses Estimates By $0.71 EPS

Jacobs Solutions (NYSE:JGet Free Report) released its quarterly earnings results on Tuesday. The company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $2.08 by ($0.71), RTT News reports. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $4.50 billion. During the same quarter last year, the company earned $1.90 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. Jacobs Solutions updated its FY 2025 guidance to 5.800-6.200 EPS.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $135.82 on Friday. The firm has a 50 day simple moving average of $142.25 and a 200-day simple moving average of $142.37. Jacobs Solutions has a 1-year low of $100.59 and a 1-year high of $150.54. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 1.14. The stock has a market cap of $16.88 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.04 and a beta of 0.71.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, October 25th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, October 25th. This represents a $1.16 annualized dividend and a dividend yield of 0.85%. Jacobs Solutions’s dividend payout ratio (DPR) is 18.33%.

Insider Buying and Selling

In related news, Director Christopher M.T. Thompson sold 1,898 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $150.85, for a total transaction of $286,313.30. Following the completion of the transaction, the director now owns 42,069 shares of the company’s stock, valued at approximately $6,346,108.65. This trade represents a 4.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Shelette M. Gustafson sold 4,167 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $150.14, for a total transaction of $625,633.38. Following the transaction, the executive vice president now directly owns 24,564 shares of the company’s stock, valued at $3,688,038.96. The trade was a 14.50 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on J shares. Robert W. Baird upped their price target on shares of Jacobs Solutions from $147.00 to $149.00 and gave the stock an “outperform” rating in a research report on Wednesday. UBS Group upped their price target on shares of Jacobs Solutions from $161.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. Citigroup reduced their price target on shares of Jacobs Solutions from $166.00 to $161.00 and set a “buy” rating for the company in a research report on Wednesday. Truist Financial cut their price objective on shares of Jacobs Solutions from $158.00 to $139.00 and set a “hold” rating for the company in a report on Wednesday, October 9th. Finally, Benchmark downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.89.

Read Our Latest Stock Analysis on J

Jacobs Solutions Company Profile

(Get Free Report)

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.

Read More

Earnings History for Jacobs Solutions (NYSE:J)

Receive News & Ratings for Jacobs Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Solutions and related companies with MarketBeat.com's FREE daily email newsletter.