Jacobs Solutions (J) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jacobs Solutions in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" J shares.
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6 equities research analysts have issued twelve-month price targets for Jacobs Solutions' shares. Their J share price forecasts range from $137.00 to $157.00. On average, they expect the company's share price to reach $149.00 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
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Jacobs Solutions' stock was trading at $120.07 on January 1st, 2023. Since then, J shares have increased by 13.7% and is now trading at $136.46.
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Jacobs Solutions saw a drop in short interest in July. As of July 15th, there was short interest totaling 1,170,000 shares, a drop of 9.3% from the June 30th total of 1,290,000 shares. Based on an average daily volume of 662,100 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the shares of the stock are short sold.
View Jacobs Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our J earnings forecast.

Jacobs Solutions Inc. (NYSE:J) issued its earnings results on Tuesday, August, 8th. The company reported $1.82 earnings per share for the quarter, hitting analysts' consensus estimates of $1.82. The firm had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.07 billion. Jacobs Solutions had a net margin of 4.65% and a trailing twelve-month return on equity of 14.30%. The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.86 EPS.
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Jacobs Solutions announced a quarterly dividend on Thursday, July 6th. Stockholders of record on Friday, July 28th will be paid a dividend of $0.26 per share on Friday, August 25th. This represents a $1.04 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 27th.
Read our dividend analysis for J.

ETFs with the largest weight of Jacobs Solutions (NYSE:J) stock in their portfolio include Kovitz Core Equity ETF (EQTY), 2ndVote Life Neutral Plus ETF (LYFE), American Century Mid Cap Growth Impact (MID), Janus Henderson Net Zero Transition Resources ETF (JZRO), Newday Ocean Health ETF (AHOY), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), WealthTrust DBS Long Term Growth ETF (WLTG) and Global X U.S. Infrastructure Development ETF (PAVE).

Jacobs Solutions (NYSE:J) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.76%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, J will have a dividend payout ratio of 12.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for J.

Jacobs Solutions declared that its board has initiated a stock buyback program on Wednesday, January 25th 2023, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Jacobs Solutions updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $7.25-$7.45 for the period, compared to the consensus EPS estimate of $7.35. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jacobs Solutions investors own include Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY), AT&T (T), Salesforce (CRM), NVIDIA (NVDA), PayPal (PYPL), Cisco Systems (CSCO), Walt Disney (DIS) and Home Depot (HD).

Jacobs Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "J."

Jacobs Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.20%), Capital World Investors (5.02%), Allspring Global Investments Holdings LLC (2.81%), Geode Capital Management LLC (2.11%), Ninety One UK Ltd (1.57%) and Findlay Park Partners LLP (1.26%). Insiders that own company stock include Christopher MT Thompson, Dawne S Hickton, Kevin C Berryman, Linda Fayne Levinson, Michael R Tyler, Robert V Pragada and Steven J Demetriou.
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Shares of J stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of J stock can currently be purchased for approximately $136.46.

Jacobs Solutions (NYSE:J) has a market capitalization of $17.18 billion and generates $14.92 billion in revenue each year. The company earns $644.04 million in net income (profit) each year or $5.80 on an earnings per share basis.

The company employs 60,000 workers across the globe.

Jacobs Solutions' mailing address is 1999 Bryan Street Suite 1200, Dallas TX, 75201. The official website for the company is www.jacobs.com. The company can be reached via phone at (214) 583-8500, via email at investor.relations@jacobs.com, or via fax at 214-638-0447.