Equities research analysts predict that Jacobs Engineering Group Inc (NYSE:JEC) will announce $0.67 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Jacobs Engineering Group’s earnings, with the lowest EPS estimate coming in at $0.63 and the highest estimate coming in at $0.75. Jacobs Engineering Group reported earnings per share of $0.68 in the same quarter last year, which would indicate a negative year over year growth rate of 1.5%. The company is expected to issue its next quarterly earnings results before the market opens on Wednesday, February 7th.

On average, analysts expect that Jacobs Engineering Group will report full year earnings of $3.73 per share for the current year, with EPS estimates ranging from $3.65 to $3.84. For the next financial year, analysts forecast that the firm will report earnings of $4.23 per share, with EPS estimates ranging from $3.90 to $4.62. Zacks’ EPS averages are a mean average based on a survey of research firms that follow Jacobs Engineering Group.

Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.16. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. The business’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS.

A number of equities research analysts have recently commented on JEC shares. Robert W. Baird reaffirmed a “hold” rating and set a $63.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, October 6th. Zacks Investment Research raised shares of Jacobs Engineering Group from a “hold” rating to a “strong-buy” rating and set a $67.00 price objective on the stock in a research note on Tuesday, October 17th. Citigroup set a $64.00 price objective on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a research note on Friday, October 27th. ValuEngine cut shares of Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, DA Davidson reissued a “hold” rating and issued a $68.00 price target on shares of Jacobs Engineering Group in a research note on Wednesday, November 22nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $69.10.

Shares of Jacobs Engineering Group (NYSE JEC) traded up $0.16 during midday trading on Wednesday, hitting $69.58. 649,736 shares of the stock were exchanged, compared to its average volume of 1,089,691. The firm has a market cap of $9,900.00, a PE ratio of 28.75, a price-to-earnings-growth ratio of 1.40 and a beta of 1.56. Jacobs Engineering Group has a twelve month low of $49.31 and a twelve month high of $70.35. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.05.

In related news, Director Joseph R. Bronson sold 6,125 shares of Jacobs Engineering Group stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $63.01, for a total value of $385,936.25. Following the sale, the director now owns 30,496 shares of the company’s stock, valued at approximately $1,921,552.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.74% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the stock. First Quadrant L P CA grew its stake in Jacobs Engineering Group by 17.1% in the 3rd quarter. First Quadrant L P CA now owns 302,358 shares of the construction company’s stock valued at $17,618,000 after acquiring an additional 44,080 shares during the period. Hahn Capital Management LLC grew its stake in 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 acquiring an additional 6,434 shares during the period. Waters Parkerson & CO. LLC grew its stake in 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 acquiring an additional 5,295 shares during the period. Exane Derivatives purchased a new position in Jacobs Engineering Group in the 3rd quarter valued at $789,000. Finally, Carnick & Kubik Group LLC purchased a new position in Jacobs Engineering Group in the 3rd quarter valued at $420,000. 72.15% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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