Jacobs Solutions Inc (NYSE: J) stock suffered a major decline of -15.8% on 9/30/24. The shares closed at $130.90. Moreover, this decline was accompanied by exceptionally high trading volume at 223% of normal. The stock has performed in line with the market over the last nine months and has declined -11.9% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Jacobs Solutions has a neutral Appreciation Score of 53 and a neutral Power Rating of 49, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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