News stories about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jacobs Engineering Group earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 46.5085465854778 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of research firms have recently weighed in on JEC. Citigroup set a $64.00 price objective on Jacobs Engineering Group and gave the stock a “hold” rating in a research note on Friday, October 27th. ValuEngine raised Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd. Zacks Investment Research raised Jacobs Engineering Group from a “hold” rating to a “strong-buy” rating and set a $67.00 price objective for the company in a research note on Tuesday, October 17th. MKM Partners set a $61.00 price objective on Jacobs Engineering Group and gave the stock a “neutral” rating in a research note on Tuesday, November 28th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $63.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, October 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $68.20.
Shares of Jacobs Engineering Group (NYSE:JEC) traded up $0.35 during trading on Friday, reaching $68.14. The company had a trading volume of 1,060,000 shares, compared to its average volume of 970,738. Jacobs Engineering Group has a 52 week low of $49.31 and a 52 week high of $69.35. The company has a market capitalization of $8,210.00, a price-to-earnings ratio of 28.16, a PEG ratio of 1.47 and a beta of 1.56. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.56.
Jacobs Engineering Group (NYSE:JEC) last announced its quarterly earnings results on Tuesday, November 21st. The construction company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same period in the prior year, the company earned $0.77 earnings per share. The firm’s revenue was up .5% on a year-over-year basis. sell-side analysts predict that Jacobs Engineering Group will post 3.44 earnings per share for the current 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 completion of the transaction, the director now directly owns 30,496 shares of the company’s stock, valued at $1,921,552.96. The sale was disclosed in a filing with the SEC, which is available through this link. 0.74% of the stock is currently owned by corporate insiders.
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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.
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