Jacobs Solutions (J) to Release Earnings on Tuesday

Jacobs Solutions (NYSE:J - Get Free Report) will post its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Jacobs Solutions to post earnings of $2.08 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Jacobs Solutions Price Performance

Shares of J traded up $0.23 during mid-day trading on Tuesday, hitting $147.11. The company's stock had a trading volume of 502,170 shares, compared to its average volume of 795,728. The firm has a 50-day moving average price of $142.90 and a 200 day moving average price of $142.62. The stock has a market capitalization of $18.28 billion, a price-to-earnings ratio of 29.03, a PEG ratio of 1.54 and a beta of 0.71. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.14 and a quick ratio of 1.14. Jacobs Solutions has a fifty-two week low of $100.59 and a fifty-two week high of $148.89.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, October 25th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Friday, October 25th. Jacobs Solutions's dividend payout ratio (DPR) is presently 22.92%.

Insider Buying and Selling

In related news, SVP William B. Allen, Jr. sold 1,451 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $146.51, for a total transaction of $212,586.01. Following the completion of the transaction, the senior vice president now directly owns 26,699 shares of the company's stock, valued at $3,911,670.49. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, EVP Shelette M. Gustafson sold 4,167 shares of the company's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $150.14, for a total value of $625,633.38. Following the completion of the sale, the executive vice president now owns 24,564 shares of the company's stock, valued at $3,688,038.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP William B. Allen, Jr. sold 1,451 shares of the company's stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $146.51, for a total transaction of $212,586.01. Following the completion of the sale, the senior vice president now directly owns 26,699 shares of the company's stock, valued at $3,911,670.49. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,516 shares of company stock worth $1,124,533. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on J. UBS Group upped their price target on Jacobs Solutions from $161.00 to $165.00 and gave the stock a "buy" rating in a research report on Wednesday, August 14th. Citigroup raised their price target on Jacobs Solutions from $138.60 to $166.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Raymond James upgraded Jacobs Solutions from a "market perform" rating to an "outperform" rating and set a $160.00 target price on the stock in a research report on Friday, October 4th. Royal Bank of Canada lifted their price objective on Jacobs Solutions from $161.00 to $167.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 7th. Finally, StockNews.com downgraded Jacobs Solutions from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $159.30.

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.