Jacobs Solutions (NYSE:J) Announces Earnings Results, Misses Expectations By $0.71 EPS

Jacobs Solutions (NYSE:J - Get Free Report) announced its earnings results on Tuesday. The company reported $1.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.08 by ($0.71), RTT News reports. Jacobs Solutions had a net margin of 3.72% and a return on equity of 14.76%. The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $4.50 billion. During the same period in the previous year, the company earned $1.90 earnings per share. The business's revenue for the quarter was up 4.4% on a year-over-year basis. Jacobs Solutions updated its FY 2025 guidance to 5.800-6.200 EPS.

Jacobs Solutions Price Performance

J stock traded down $8.89 during mid-day trading on Tuesday, reaching $131.46. 1,121,136 shares of the company traded hands, compared to its average volume of 801,528. The company has a fifty day moving average price of $142.76 and a 200-day moving average price of $142.59. 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 52-week low of $100.59 and a 52-week high of $150.54. The company has a market capitalization of $16.33 billion, a P/E ratio of 27.74, a P/E/G ratio of 1.57 and a beta of 0.71.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, October 25th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, October 25th. This represents a $1.16 dividend on an annualized basis and a yield of 0.88%. Jacobs Solutions's payout ratio is 22.92%.

Insider Transactions at Jacobs Solutions

In related news, Director Christopher M.T. Thompson sold 1,898 shares of Jacobs Solutions stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $150.85, for a total value of $286,313.30. Following the sale, the director now owns 42,069 shares in the company, valued at $6,346,108.65. The trade was a 4.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Shelette M. Gustafson sold 4,167 shares of the firm's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $150.14, for a total transaction of $625,633.38. Following the completion of the sale, the executive vice president now directly owns 24,564 shares of the company's stock, valued at approximately $3,688,038.96. This represents a 14.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

J has been the subject of several recent research reports. Citigroup boosted their target price on shares of Jacobs Solutions from $138.60 to $166.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. UBS Group boosted their price target on shares of Jacobs Solutions from $161.00 to $165.00 and gave the stock a "buy" rating in a research report on Wednesday, August 14th. Robert W. Baird cut their price objective on Jacobs Solutions from $163.00 to $160.00 and set an "outperform" rating on the stock in a report on Wednesday, August 7th. Truist Financial lowered their price objective on shares of Jacobs Solutions from $158.00 to $139.00 and set a "hold" rating on the stock in a research report on Wednesday, October 9th. Finally, Raymond James upgraded shares of Jacobs Solutions from a "market perform" rating to an "outperform" rating and set a $160.00 price target on the stock in a research note on Friday, October 4th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.