Alert: Negative Investment/Fundamental Signals (11/22/23)-Jacobs Solutions Inc (NYSE: J)


Jacobs Solutions Inc (NYSE: J). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.

Slight negative changes in Jacobs Solutions Inc (NYSE: J) fundamentals have recently occurred: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, J is expected to continue to be a major Value Builder.

Jacobs Solutions has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Jacobs Solutions has a slightly negative Appreciation Score of 32 but a good Power Rating of 84, triggering the High Neutral Value Trend Rating.

Recent Price Action

Jacobs Solutions Inc (NYSE: J) stock declined modestly by -0.9% on 11/22/23. The stock closed at $123.96. The stock has declined -9.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.