Jacobs Engineering (JEC) Releases FY13 Earnings Guidance
Jacobs Engineering (JEC) updated its FY13 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.00-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.32.
Shares of Jacobs Engineering (JEC) opened at 39.29 on Tuesday. Jacobs Engineering (JEC) has a 52 week low of $33.61 and a 52 week high of $48.17. The company has a market cap of $5.098 billion and a P/E ratio of 13.79.
Several analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Jacobs Engineering in a research note to investors on Friday, September 7th. They now have a $43.00 price target on the stock. Analysts at Lazard downgraded shares of Jacobs Engineering from a buy rating to a neutral rating in a research note to investors on Friday, September 7th. They noted that the move was a valuation call.
Jacobs Engineering Group Inc. is a technical professional services firm in the United States. It provides a range of technical, professional, and construction services to industrial, commercial, and governmental clients globally.
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