Jacobs Solutions (NYSE:J) Issues FY25 Earnings Guidance

Jacobs Solutions (NYSE:J) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $5.85-6.20 for the period, compared to the consensus earnings per share estimate of $6.00. Jacobs Solutions also updated its FY 2025 guidance to 5.850-6.200 EPS.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on J. Robert W. Baird dropped their target price on shares of Jacobs Solutions from $154.00 to $148.00 and set an “outperform” rating on the stock in a research note on Wednesday. The Goldman Sachs Group reissued a “neutral” rating and set a $150.00 price objective on shares of Jacobs Solutions in a report on Tuesday, December 10th. Royal Bank of Canada restated an “outperform” rating and issued a $152.00 target price on shares of Jacobs Solutions in a research note on Tuesday, December 3rd. StockNews.com assumed coverage on Jacobs Solutions in a research note on Wednesday, December 4th. They set a “hold” rating for the company. Finally, Citigroup lowered their price objective on Jacobs Solutions from $161.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Jacobs Solutions has an average rating of “Moderate Buy” and a consensus price target of $155.89.

Jacobs Solutions Trading Up 0.7 %

NYSE J traded up $0.92 during trading on Thursday, hitting $133.19. 119,672 shares of the company’s stock traded hands, compared to its average volume of 742,392. The stock has a fifty day moving average of $136.46 and a two-hundred day moving average of $141.13. Jacobs Solutions has a 12-month low of $110.95 and a 12-month high of $150.54. The firm has a market cap of $16.52 billion, a P/E ratio of 21.04, a PEG ratio of 2.11 and a beta of 0.72. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 1.20.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.33 earnings per share 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 firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.92 billion. During the same quarter in the prior year, the firm posted $1.45 earnings per share. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, sell-side analysts expect that Jacobs Solutions will post 6.06 EPS for the current year.

Jacobs Solutions Increases Dividend

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

Jacobs Solutions declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 4th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors 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.