Jacobs Solutions Inc (NYSE: J) has reported E.P.S. of $1.17 for its third fiscal quarter (ending June 30) versus $1.29 for the same period a year ago — a decline of -9%. This performance was $-0.79 short of the consensus estimate of $1.96. E.P.S. were $5.10 for the latest four quarters through June 30 versus $5.84 for the same period a year ago — a decline of -13%.
Recent Price Action
Jacobs Solutions Inc (NYSE: J) stock closed at $140.69 on 8/6/24 after a modest gain of 0.4%. Moreover, this advance was accompanied by above average trading volume at 128% of normal. The stock has declined -3.5% 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Jacobs Solutions has a neutral Appreciation Score of 45 and a neutral Power Rating of 58, triggering the Neutral Value Trend Rating.
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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