Shares of Jacobs Engineering Group Inc (NYSE:JEC) have received an average rating of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $69.10.

JEC has been the topic of several analyst reports. Robert W. Baird reiterated a “hold” rating and issued a $69.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, November 24th. Barclays initiated coverage on Jacobs Engineering Group in a research note on Tuesday, December 12th. They issued an “overweight” rating and a $75.00 price objective on the stock. Zacks Investment Research lowered Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 23rd. KeyCorp upped their price objective on Jacobs Engineering Group from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, November 22nd. Finally, ValuEngine upgraded Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st.

Shares of Jacobs Engineering Group (NYSE JEC) traded down $0.25 on Tuesday, reaching $67.71. The company had a trading volume of 898,224 shares, compared to its average volume of 1,127,037. Jacobs Engineering Group has a 1 year low of $49.31 and a 1 year high of $69.35. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $8,160.00, a price-to-earnings ratio of 27.98, a price-to-earnings-growth ratio of 1.44 and a beta of 1.56.

Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings results on Tuesday, November 21st. The construction company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.16. Jacobs Engineering Group had a return on equity of 9.18% and a net margin of 2.93%. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up .5% compared to the same quarter last year. equities research analysts expect that Jacobs Engineering Group will post 3.53 earnings per share for the current fiscal year.

In related news, Director Joseph R. Bronson sold 6,125 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $63.01, for a total transaction of $385,936.25. Following the sale, the director now directly owns 30,496 shares in the company, valued at approximately $1,921,552.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.74% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the business. First Quadrant L P CA lifted its holdings in Jacobs Engineering Group by 17.1% during the 3rd quarter. First Quadrant L P CA now owns 302,358 shares of the construction company’s stock worth $17,618,000 after buying an additional 44,080 shares in the last quarter. Hahn Capital Management LLC lifted its stake in shares of Jacobs Engineering Group by 1.0% in the 3rd quarter. Hahn Capital Management LLC now owns 668,319 shares of the construction company’s stock valued at $38,943,000 after purchasing an additional 6,434 shares during the period. Exane Derivatives acquired a new position in shares of Jacobs Engineering Group in the 3rd quarter valued at $789,000. Waters Parkerson & CO. LLC lifted its stake in shares of Jacobs Engineering Group by 2.5% in the 3rd quarter. Waters Parkerson & CO. LLC now owns 213,268 shares of the construction company’s stock valued at $12,427,000 after purchasing an additional 5,295 shares during the period. Finally, Carnick & Kubik Group LLC acquired a new position in shares of Jacobs Engineering Group in the 3rd quarter valued at $420,000. 84.57% of the stock is currently owned by hedge funds and other institutional investors.

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About Jacobs Engineering Group

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.

Analyst Recommendations for Jacobs Engineering Group (NYSE:JEC)

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