Jacobs Engineering Group (JEC) Getting Somewhat Positive Media Coverage, Analysis Finds
News coverage about Jacobs Engineering Group (NYSE:JEC) has been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jacobs Engineering Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 47.5046355356443 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Jacobs Engineering Group’s (JEC) “Hold” Rating Reaffirmed at Robert W. Baird (americanbankingnews.com)
- Minsur Selects Jacobs to Lead Pre-Feasibility and Conceptual Studies for Tin Mine Development Project (finance.yahoo.com)
- Jacobs Named Lead Architect for Major Redevelopment of Sydney’s Concord Hospital (finance.yahoo.com)
- ETFs with exposure to Jacobs Engineering Group, Inc. : October 3, 2017 (finance.yahoo.com)
- Jacobs Expands Role with National Transport Authority in Ireland (finance.yahoo.com)
Shares of Jacobs Engineering Group (JEC) opened at 58.96 on Friday. Jacobs Engineering Group has a one year low of $49.16 and a one year high of $63.42. The company has a market capitalization of $7.09 billion, a PE ratio of 31.36 and a beta of 1.53. The stock has a 50 day moving average price of $55.47 and a 200 day moving average price of $54.12.
Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings results on Tuesday, August 8th. The construction company reported $0.79 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.79. The firm had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.52 billion. Jacobs Engineering Group had a net margin of 2.29% and a return on equity of 8.67%. Jacobs Engineering Group’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the company posted $0.78 EPS. On average, equities research analysts predict that Jacobs Engineering Group will post $3.13 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Friday, October 13th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.02%. Jacobs Engineering Group’s payout ratio is 31.75%.
Several brokerages have recently issued reports on JEC. BidaskClub raised Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Citigroup Inc. cut Jacobs Engineering Group from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a report on Thursday, August 3rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $61.00 target price on shares of Jacobs Engineering Group in a report on Friday, August 4th. Zacks Investment Research raised Jacobs Engineering Group from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $60.00 target price on shares of Jacobs Engineering Group in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Jacobs Engineering Group has a consensus rating of “Hold” and an average price target of $61.75.
TRADEMARK VIOLATION WARNING: This news story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another website, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/07/jacobs-engineering-group-jec-getting-somewhat-positive-media-coverage-analysis-finds.html.
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.
Receive News & Stock Ratings for Jacobs Engineering Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Engineering Group Inc. and related stocks with our FREE daily email newsletter.