Jacobs Solutions (NYSE:J) Releases FY25 Earnings Guidance

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

Analyst Ratings Changes

Several research analysts have issued reports on the company. Robert W. Baird reduced their price objective on Jacobs Solutions from $154.00 to $148.00 and set an "outperform" rating on the stock in a report on Wednesday. Truist Financial upped their price target on Jacobs Solutions from $137.00 to $142.00 and gave the company a "hold" rating in a research note on Thursday, December 19th. Royal Bank of Canada reiterated an "outperform" rating and issued a $152.00 price objective on shares of Jacobs Solutions in a research report on Tuesday, December 3rd. Benchmark cut Jacobs Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. Finally, Citigroup reduced their target price on shares of 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 equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Jacobs Solutions presently has an average rating of "Moderate Buy" and an average price target of $155.89.

Jacobs Solutions Trading Up 0.4 %

J traded up $0.49 during mid-day trading on Friday, hitting $133.97. The stock had a trading volume of 767,521 shares, compared to its average volume of 785,657. The stock's fifty day simple moving average is $136.17 and its 200-day simple moving average is $140.97. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 27.62, a price-to-earnings-growth ratio of 1.88 and a beta of 0.72. Jacobs Solutions has a 1-year low of $110.95 and a 1-year high of $150.54. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.25 and a quick ratio of 1.20.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.04. The firm had revenue of $2.93 billion during the quarter, compared to analysts' expectations of $2.92 billion. Jacobs Solutions had a return on equity of 14.87% and a net margin of 4.28%. The company's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 earnings per share. As a group, research analysts forecast that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 21st will be issued a dividend of $0.32 per share. 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. This is a boost from Jacobs Solutions's previous quarterly dividend of $0.29. Jacobs Solutions's dividend payout ratio is 23.92%.

Jacobs Solutions announced that its board has approved a stock buyback plan on Tuesday, February 4th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is 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.