Analysts See $0.77 EPS for Jacobs Engineering Group Inc. (JEC)

January 23, 2018 - By Louis Casey

 Analysts See $0.77 EPS for Jacobs Engineering Group Inc. (JEC)
Investors sentiment increased to 1.05 in Q3 2017. Its up 0.20, from 0.85 in 2017Q2. It improved, as 27 investors sold Jacobs Engineering Group Inc. shares while 149 reduced holdings. 53 funds opened positions while 131 raised stakes. 97.56 million shares or 2.93% less from 100.50 million shares in 2017Q2 were reported.
Sterling Capital Mgmt Ltd Liability Corporation accumulated 808,223 shares or 0.44% of the stock. Investment Counselors Of Maryland Limited Liability Company invested in 0.01% or 4,642 shares. Blb&B Advsr Ltd Liability Co stated it has 18,566 shares. American Beacon Advisors holds 1.16% or 1,668 shares in its portfolio. Ls Invest Lc has 0.03% invested in Jacobs Engineering Group Inc. (NYSE:JEC). Commerzbank Aktiengesellschaft Fi holds 0% or 5,499 shares in its portfolio. Fny Managed Accounts Limited Company accumulated 368 shares. Schwab Charles has invested 0.03% in Jacobs Engineering Group Inc. (NYSE:JEC). Peak Asset Mngmt Ltd Llc holds 0.21% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC) for 10,000 shares. Park National Corp Oh reported 0.3% in Jacobs Engineering Group Inc. (NYSE:JEC). Moreover, Canada Pension Plan Investment Board has 0.02% invested in Jacobs Engineering Group Inc. (NYSE:JEC). British Columbia holds 61,808 shares or 0.03% of its portfolio. The New York-based Global X Llc has invested 0.01% in Jacobs Engineering Group Inc. (NYSE:JEC). Chesapeake Asset Ltd holds 43,674 shares. 2.49M were accumulated by Fmr Ltd Co.

Analysts expect Jacobs Engineering Group Inc. (NYSE:JEC) to report $0.77 EPS on February, 14.They anticipate $0.09 EPS change or 13.24 % from last quarter’s $0.68 EPS. JEC’s profit would be $92.75M giving it 22.77 P/E if the $0.77 EPS is correct. After having $0.98 EPS previously, Jacobs Engineering Group Inc.’s analysts see -21.43 % EPS growth. The stock decreased 0.13% or $0.09 during the last trading session, reaching $70.14. About 50,670 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 8.36% since January 23, 2017 and is uptrending. It has underperformed by 8.34% the S&P500.

Jacobs Engineering Group Inc. (NYSE:JEC) Ratings Coverage

Among 16 analysts covering Jacobs Engineering Group Inc. (NYSE:JEC), 5 have Buy rating, 0 Sell and 11 Hold. Therefore 31% are positive. Jacobs Engineering Group Inc. had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, October 5. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Hold” rating by Johnson Rice on Thursday, August 11. The firm has “Accumulate” rating given on Monday, May 9 by Johnson Rice. As per Tuesday, December 12, the company rating was initiated by Barclays Capital. The rating was upgraded by Cowen & Co to “Outperform” on Wednesday, August 5. UBS downgraded Jacobs Engineering Group Inc. (NYSE:JEC) on Wednesday, August 10 to “Neutral” rating. M Partners initiated the shares of JEC in report on Wednesday, June 29 with “Neutral” rating. DA Davidson downgraded Jacobs Engineering Group Inc. (NYSE:JEC) on Wednesday, November 16 to “Neutral” rating. Credit Suisse maintained the shares of JEC in report on Wednesday, November 23 with “Outperform” rating. Deutsche Bank maintained it with “Hold” rating and $60 target in Wednesday, November 23 report.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $8.45 billion. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services. It has a 28.98 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

More notable recent Jacobs Engineering Group Inc. (NYSE:JEC) news were published by: Seekingalpha.com which released: “Jacobs Engineering to conduct engineering study for chemical plant in Belgium …” on January 03, 2018, also Businesswire.com with their article: “Jacobs Rings NYSE Closing Bell, Marking Transformative Business Combination 70 …” published on January 18, 2018, Seekingalpha.com published: “Jacobs secures engineering services agreement with Carcross/Tagish Energy …” on January 17, 2018. More interesting news about Jacobs Engineering Group Inc. (NYSE:JEC) were released by: Nasdaq.com and their article: “Jacobs Wins EPCM Contract for Khazzan Tight Gas Project” published on January 11, 2018 as well as Nasdaq.com‘s news article titled: “Zacks.com highlights: Rice Midstream Partners, Jacobs Engineering Group, Lam …” with publication date: January 15, 2018.

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