Jacobs Engineering Group Inc. (NYSE:JEC) is scheduled to be posting its Q416 quarterly earnings results on Tuesday, November 22nd. Analysts expect Jacobs Engineering Group to post earnings of $0.77 per share and revenue of $2.78 billion for the quarter.

Earnings History for Jacobs Engineering Group (NYSE:JEC)

Shares of Jacobs Engineering Group Inc. (NYSE:JEC) opened at 58.15 on Monday. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 33.71 and a beta of 1.61. Jacobs Engineering Group Inc. has a 52 week low of $34.76 and a 52 week high of $58.75. The stock has a 50 day moving average of $51.29 and a 200-day moving average of $51.19.

A number of analysts recently weighed in on JEC shares. Argus reaffirmed a “buy” rating and issued a $60.00 price objective (up from $58.00) on shares of Jacobs Engineering Group in a research note on Friday, August 19th. DA Davidson upped their price objective on shares of Jacobs Engineering Group from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Citigroup Inc. reaffirmed a “buy” rating on shares of Jacobs Engineering Group in a research note on Tuesday, July 26th. Zacks Investment Research raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Monday, July 25th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $54.00 price objective on shares of Jacobs Engineering Group in a research note on Wednesday, August 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the stock. Jacobs Engineering Group has a consensus rating of “Hold” and an average price target of $48.32.

In other news, Director Noel G. Watson sold 66,668 shares of the firm’s stock in a transaction that occurred on Tuesday, October 4th. The shares were sold at an average price of $51.71, for a total transaction of $3,447,402.28. Following the sale, the director now owns 736,669 shares of the company’s stock, valued at approximately $38,093,153.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Terence D. Hagen sold 18,639 shares of the firm’s stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $54.73, for a total transaction of $1,020,112.47. Following the sale, the insider now directly owns 27,022 shares in the company, valued at approximately $1,478,914.06. The disclosure for this sale can be found here. 3.16% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the company. D.A. Davidson & CO. boosted its stake in shares of Jacobs Engineering Group by 81.5% in the third quarter. D.A. Davidson & CO. now owns 3,340 shares of the company’s stock worth $171,000 after buying an additional 1,500 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Jacobs Engineering Group by 11.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 250,993 shares of the company’s stock worth $12,981,000 after buying an additional 25,190 shares during the last quarter. Credit Suisse AG boosted its stake in shares of Jacobs Engineering Group by 19.6% in the third quarter. Credit Suisse AG now owns 199,270 shares of the company’s stock worth $10,305,000 after buying an additional 32,710 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Jacobs Engineering Group during the third quarter worth approximately $6,432,000. Finally, United Services Automobile Association boosted its stake in shares of Jacobs Engineering Group by 16.3% in the third quarter. United Services Automobile Association now owns 45,085 shares of the company’s stock worth $2,332,000 after buying an additional 6,335 shares during the last quarter. 87.10% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.

5 Day Chart for NYSE:JEC

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