Stock Rating Upgrade
The Value Trend Rating for Jacobs Solutions Inc (NYSE: J) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Jacobs Solutions Inc (NYSE: J) stock closed at $129.56 on 12/1/23 after an increase of 1.9%. Moreover, above average trading volume at 121% of normal accompanied the advance. The stock has risen 4.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, J is expected to continue to be an important Value Builder.
Jacobs Solutions has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Jacobs Solutions has a neutral Appreciation Score of 47 but a good Power Rating of 83, leading to the Positive Value Trend Rating.
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