Analysts’ Views On Jacobs Engineering Group Inc. (J)

Jacobs Engineering Group Inc. (NYSE:J) finished Friday with an addition of $0.06 to close at $136.93, an upside of 0.04 percent. An average of 474,420 shares of common stock have been traded in the last five days. There was a gain of $2.97 in the past week, and it reached a new high 31 times over the past 12 months. The last 20 days have seen an average of 516,865 shares traded, while the 50-day average volume stands at 502,374.

J stock has increased by 1.57% in the last month. The company shares reached their 1-month lowest point of $129.34 on 10/06/21. With the stock rallying to its 52-week high on 05/10/21, shares of the company touched a low of $92.50 and a high of $145.97 in 52 weeks. It has reached a new high 23 times so far this year and achieved 25.67% or $27.97 in price. In spite of this, the price is down -6.19% from the 52-week high.


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Insider Transactions

194 days have passed since Jacobs Engineering Group Inc. (J) last reported insider trading activity. PRAGADA ROBERT V, who is President & COO, most recently acquired $21,387 shares at $135.24 per share on Apr 12. In this transaction, the insider spent $2,892,346. SVP & GENERAL COUNSEL, Tyler Michael R, disposed of 4,125 shares at a price of $122.11 on Mar 10. The insider now owns more than $503,704 worth of shares. Prior to that, Director DAVIDSON ROBERT C JR went on to Sale 3,500 shares at $114.71 each on Feb 12. An amount of $401,490 was transacted.

Valuation Metrics

Jacobs Engineering Group Inc. (J) has a trailing price-to-earnings (P/E) ratio of 36.47, which compares with the 23.80 for the broader industry and 29.83 for the sector. In the last five years, Jacobs Engineering Group Inc.’s PE ratio has ranged between 64.74 and 8.800. The stock’s beta is 0.85. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.28, the price-to-book (PB) ratio at 2.90, and the price-to-cash flow ratio at 25.79.

Jacobs Engineering Group Inc. pays a $0.84 dividend per share annually. It offers a dividend yield of 0.61%. The company has a payout ratio of 20.20%. The company’s most recent quarterly dividend payment was $0.21 a share, without any change from last year. Its dividend has been increased for the last 2 consecutive years with the latest increase dividend $0.02 reported on Wednesday January 27 2021.

The quick ratio of Jacobs Engineering Group Inc. for the three months ended June 29 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.51 for the quarter ending June 29. Jacobs Engineering Group Inc.’s EBITDA margin for the year ending June 29 is 8.32%, while its operating margin for the same period stands at 3.50%. Its gross profit as reported stood at $2.59 billion compared to revenue of $13.57 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Jacobs Engineering Group Inc.’s return on assets was 3.70%. For the broader industry, ROE averaged 10.11 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Jacobs Engineering Group Inc. had $3.07 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $165.79 million in the quarter, while revenues were shrunk -47.74%. The analyst consensus anticipated Jacobs Engineering Group Inc.’s latest quarter earnings to come in at $1.53 per share, but it turned out to be $1.64, a 7.20% surprise. For the quarter, EBITDA amounted to $339.71 million. Shareholders own equity worth $130.31 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Jacobs Engineering Group Inc. (J) price momentum. RSI 9-day as of the close on 22 October was 62.90%, suggesting the stock is Neutral, with historical volatility in this time frame at 11.50%.

As of today, J’s price is $135.62 +2.22% or $2.97 from its 5-day moving average. J is currently trading +0.68% higher than its 20-day SMA and -3.16% lower than its 100-day SMA. However, the stock’s current price level is -1.88% below the SMA50 and +19.26% above the SMA200.

The stochastic %K and %D were 91.73% and 81.48%, respectively, and the average true range (ATR) was 2.42. With the 14-day stochastic at 86.79% and the average true range at 2.60, the RSI (14) stands at 57.53%. The stock has reached 1.98 on the 9-day MACD Oscillator while the 14-day reading was at 2.34.

Analyst Ratings

The Benchmark Company reiterated its a Buy rating on Jacobs Engineering Group Inc. (NYSE: J), but raised their price target to $130, indicating a potential price decrease of -5.33% for the stock. The consensus rating for Jacobs Engineering Group Inc. (J) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell J, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 13 others rate it as a “buy”.

What is J’s price target for the next 12 months?

Analysts predict a range of price targets between $145.00 and $165.00, with a median target of $156.00. Taking a look at these predictions, the average price target given by analysts for Jacobs Engineering Group Inc. (J) stock is $155.77.

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