Jacobs Solutions Inc (NYSE: J) has reported E.P.S. of $1.30 for its second fiscal quarter (ending March 31) versus $1.71 for the same period a year ago — a decline of -24%. Relative to the consensus estimate of $2.17, this was a shortfall of $-0.87. For the latest four quarters through March 31, E.P.S. were $5.22 compared to $6.07 a year ago — a decline of -14%.
Recent Price Action
Jacobs Solutions Inc (NYSE: J) stock closed at $141.64 on 5/7/24 after a decline of -5.0%. Moreover, this decline was accompanied by exceptionally high trading volume at 258% of normal. The stock has declined -2.9% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, J is expected to continue to be an important Value Builder.
Jacobs Solutions has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Jacobs Solutions has a neutral Appreciation Score of 42 and a slightly positive Power Rating of 62, with the Neutral Value Trend Rating the result.
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.
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