Alert: New Earnings Report (11/21/23)-Jacobs Solutions Inc (NYSE: J).


Jacobs Solutions Inc (NYSE: J) has reported earnings for its fourth fiscal quarter (ending September 30) of $1.25 versus $1.76 for the same period a year ago — a decline of -29%. This result fell short of the consensus estimate of $2.03 by $-0.78. E.P.S. were $5.33 for the latest four quarters through September 30 versus $5.01 for the same period a year ago — an increase of 6%.


Recent Price Action

Jacobs Solutions Inc (NYSE: J) stock closed at $125.08 on 11/21/23 after a very large decline of -8.7%. The stock has declined -6.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

J is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Jacobs Solutions has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Jacobs Solutions has a slightly negative Appreciation Score of 32 but a good Power Rating of 84, and the High Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.