Jacobs Engineering Group Inc. (NYSE:JEC) – Equities research analysts at KeyCorp issued their Q1 2018 earnings per share estimates for Jacobs Engineering Group in a report issued on Tuesday. KeyCorp analyst T. Afzal anticipates that the construction company will post earnings of $0.70 per share for the quarter. KeyCorp has a “Overweight” rating and a $75.00 price objective on the stock. KeyCorp also issued estimates for Jacobs Engineering Group’s Q2 2018 earnings at $0.84 EPS, Q3 2018 earnings at $0.92 EPS, Q4 2018 earnings at $1.02 EPS and FY2018 earnings at $3.50 EPS.

Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of Jacobs Engineering Group from a “hold” rating to a “strong-buy” rating and set a $67.00 target price on the stock in a research note on Tuesday, October 17th. Citigroup Inc. set a $64.00 target price on shares of Jacobs Engineering Group and gave the company a “hold” rating in a research note on Friday, October 27th. Robert W. Baird reissued a “hold” rating and issued a $63.00 target price on shares of Jacobs Engineering Group in a research note on Friday, October 6th. BidaskClub raised shares of Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Finally, ValuEngine downgraded shares of Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Jacobs Engineering Group presently has an average rating of “Hold” and an average price target of $64.89.

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Shares of Jacobs Engineering Group (NYSE:JEC) traded down $0.08 on Thursday, hitting $64.78. 862,176 shares of the stock traded hands, compared to its average volume of 816,945. Jacobs Engineering Group has a 1-year low of $49.31 and a 1-year high of $65.80. The stock has a market capitalization of $7,813.43, a P/E ratio of 20.08, a P/E/G ratio of 1.51 and a beta of 1.51. The company has a current ratio of 1.56, a quick ratio of 1.60 and a debt-to-equity ratio of 0.05.

Jacobs Engineering Group (NYSE:JEC) last announced its earnings results on Tuesday, November 21st. The construction company reported $0.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.16. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis.

The business also recently declared a quarterly dividend, which was paid on Friday, November 10th. Stockholders of record on Friday, October 13th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend was Thursday, October 12th. Jacobs Engineering Group’s payout ratio is presently 24.69%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Jacobs Engineering Group by 1.3% in the second quarter. Vanguard Group Inc. now owns 11,936,467 shares of the construction company’s stock worth $649,225,000 after purchasing an additional 150,333 shares during the last quarter. Ruane Cunniff & Goldfarb Inc. grew its holdings in shares of Jacobs Engineering Group by 9.4% in the third quarter. Ruane Cunniff & Goldfarb Inc. now owns 5,692,656 shares of the construction company’s stock worth $331,711,000 after purchasing an additional 487,089 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Jacobs Engineering Group by 68.7% in the third quarter. Wells Fargo & Company MN now owns 4,012,084 shares of the construction company’s stock worth $233,784,000 after purchasing an additional 1,634,127 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Jacobs Engineering Group by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,191,405 shares of the construction company’s stock worth $185,962,000 after acquiring an additional 19,954 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Jacobs Engineering Group by 26.2% during the 2nd quarter. Victory Capital Management Inc. now owns 2,527,660 shares of the construction company’s stock worth $137,479,000 after acquiring an additional 524,310 shares in the last quarter. Hedge funds and other institutional investors own 85.16% of the company’s stock.

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.

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

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