Jacobs Solutions (NYSE:J – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.85-6.20 for the period, compared to the consensus estimate of $6.00. Jacobs Solutions also updated its FY 2025 guidance to 5.850-6.200 EPS.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on J. StockNews.com began coverage on Jacobs Solutions in a research report on Wednesday, December 4th. They issued a “hold” rating for the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $152.00 price objective on shares of Jacobs Solutions in a report on Tuesday, December 3rd. The Goldman Sachs Group restated a “neutral” rating and set a $150.00 target price on shares of Jacobs Solutions in a report on Tuesday, December 10th. Truist Financial increased their price target on shares of Jacobs Solutions from $137.00 to $142.00 and gave the stock a “hold” rating in a research note on Thursday, December 19th. Finally, Robert W. Baird boosted their price objective on shares of Jacobs Solutions from $147.00 to $149.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $156.00.
View Our Latest Report on Jacobs Solutions
Jacobs Solutions Stock Performance
Jacobs Solutions (NYSE:J – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.04. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.92 billion. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.45 earnings per share. Analysts expect that Jacobs Solutions will post 6.06 EPS for the current fiscal year.
Jacobs Solutions Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 21st will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.29. Jacobs Solutions’s dividend payout ratio (DPR) is currently 18.33%.
Jacobs Solutions Company Profile
Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.
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