Jacobs Solutions (NYSE:J – Get Free Report) updated its FY25 earnings guidance on Tuesday. 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.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the company. The Goldman Sachs Group reissued a “neutral” rating and issued a $150.00 target price on shares of Jacobs Solutions in a research report on Tuesday, December 10th. StockNews.com initiated coverage on shares of Jacobs Solutions in a report on Wednesday, December 4th. They issued a “hold” rating on the stock. Robert W. Baird lowered their price target on Jacobs Solutions from $154.00 to $148.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $152.00 price objective on shares of Jacobs Solutions in a report on Tuesday, December 3rd. Finally, Benchmark downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and an average target price of $155.89.
Read Our Latest Stock Analysis on Jacobs Solutions
Jacobs Solutions Stock Performance
Jacobs Solutions (NYSE:J – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.04. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. The company had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.92 billion. During the same period in the previous year, the company posted $1.45 EPS. The firm’s revenue was up 4.4% on a year-over-year basis. Research analysts anticipate that Jacobs Solutions will post 6.06 earnings per share for the current fiscal year.
Jacobs Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 21st will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.96%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, February 21st. Jacobs Solutions’s dividend payout ratio (DPR) is presently 18.33%.
Jacobs Solutions declared that its Board of Directors has authorized a stock repurchase program on Tuesday, February 4th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the company to buy up to 9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.
About Jacobs Solutions
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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