Jacobs Engineering (NYSE:J) SVP Michael R. Tyler sold 9,661 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $97.70, for a total value of $943,879.70. Following the completion of the transaction, the senior vice president now owns 29,250 shares of the company’s stock, valued at $2,857,725. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Jacobs Engineering stock opened at $100.66 on Friday. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 18.83, a P/E/G ratio of 1.58 and a beta of 1.25. The firm has a fifty day simple moving average of $93.31. Jacobs Engineering has a 52 week low of $68.07 and a 52 week high of $100.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.55 and a quick ratio of 1.55.
Jacobs Engineering (NYSE:J) last released its earnings results on Tuesday, February 4th. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.19 by $0.01. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.32 billion. Jacobs Engineering had a return on equity of 12.29% and a net margin of 7.54%. As a group, equities research analysts forecast that Jacobs Engineering will post 5.57 EPS for the current fiscal year.
J has been the subject of several analyst reports. Stifel Nicolaus initiated coverage on Jacobs Engineering in a research note on Tuesday, December 10th. They issued a “buy” rating and a $110.00 target price for the company. Barclays reiterated a “buy” rating and issued a $110.00 target price on shares of Jacobs Engineering in a research note on Thursday, January 30th. Finally, Benchmark initiated coverage on Jacobs Engineering in a research note on Thursday, January 16th. They issued a “buy” rating and a $110.00 target price for the company.
Jacobs Engineering Company Profile
Jacobs Engineering Group, Inc engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. Jacobs provides professional services through two lines of businesses: Critical Mission Solutions, and People and Places Solutions.
See Also: How to calculate compound interest
Receive News & Ratings for Jacobs Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Engineering and related companies with MarketBeat.com's FREE daily email newsletter.