Jacobs Solutions (NYSE:J) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Jacobs Solutions (NYSE:J) released its quarterly earnings data on Tuesday. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.29 by $0.04, Zacks reports. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.92 billion. Jacobs Solutions had a net margin of 5.16% and a return on equity of 14.82%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.45 EPS. Jacobs Solutions updated its FY 2025 guidance to 5.850-6.200 EPS and its FY25 guidance to $5.85-6.20 EPS.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $133.89 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $136.63 and its two-hundred day moving average price is $141.19. Jacobs Solutions has a 52 week low of $110.95 and a 52 week high of $150.54. The stock has a market cap of $16.61 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 2.11 and a beta of 0.72.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 21st will be paid a dividend of $0.32 per share. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.29. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Friday, February 21st. Jacobs Solutions’s payout ratio is currently 18.33%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on J shares. Citigroup dropped their price objective on shares of Jacobs Solutions from $161.00 to $160.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. The Goldman Sachs Group reissued a “neutral” rating and set a $150.00 target price on shares of Jacobs Solutions in a research report on Tuesday, December 10th. StockNews.com started coverage on shares of Jacobs Solutions in a report on Wednesday, December 4th. They issued a “hold” rating on the stock. Robert W. Baird raised their price target on shares of Jacobs Solutions from $147.00 to $149.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Finally, Benchmark lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.00.

Jacobs Solutions announced that its Board of Directors has approved a stock repurchase program on Tuesday, February 4th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

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.