Headlines about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jacobs Engineering Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 45.6446043464111 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern’s scoring:
- Reviewing Altair Engineering (ALTR) and Jacobs Engineering Group (JEC) (americanbankingnews.com)
- Focus on Momentum Mover: Jacobs Engineering Group Inc. (JEC) – Wall Street Morning (wallstreetmorning.com)
- Contractor changes at Celanese facilities affect up to 500 jobs – Houston Business Journal (bizjournals.com)
- Timing Economic Expansion: 3 Stocks for Good Times & Bad – Nasdaq (nasdaq.com)
- Clue to Identify In Play Stock (Relative Volume) – Jacobs Engineering Group Inc (NYSE: JEC) – Alpha Beta Stock (alphabetastock.com)
A number of equities research analysts have commented on JEC shares. Credit Suisse Group reissued a “buy” rating on shares of Jacobs Engineering Group in a report on Wednesday, February 28th. Alembic Global Advisors reissued a “buy” rating on shares of Jacobs Engineering Group in a report on Monday, February 12th. Bank of America increased their price objective on shares of Jacobs Engineering Group from $62.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Jefferies Group set a $70.00 target price on shares of Jacobs Engineering Group and gave the company a “hold” rating in a research note on Wednesday, February 7th. Finally, Robert W. Baird set a $75.00 target price on shares of Jacobs Engineering Group and gave the company a “hold” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. Jacobs Engineering Group has a consensus rating of “Hold” and a consensus target price of $74.00.
Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings results on Wednesday, February 7th. The construction company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.10. The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Jacobs Engineering Group had a net margin of 2.30% and a return on equity of 8.59%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.68 EPS. equities analysts anticipate that Jacobs Engineering Group will post 4.01 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Friday, February 16th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.00%. Jacobs Engineering Group’s dividend payout ratio is presently 30.77%.
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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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