Jacobs Engineering Group Inc (NYSE:JEC) – Stock analysts at Seaport Global Securities issued their FY2018 earnings per share (EPS) estimates for Jacobs Engineering Group in a research report issued to clients and investors on Thursday, November 15th. Seaport Global Securities analyst J. Sullivan forecasts that the construction company will earn $4.40 per share for the year. Seaport Global Securities currently has a “Buy” rating and a $91.00 price target on the stock. Seaport Global Securities also issued estimates for Jacobs Engineering Group’s Q4 2018 earnings at $1.27 EPS, Q1 2019 earnings at $1.19 EPS, Q2 2019 earnings at $1.26 EPS, Q3 2019 earnings at $1.46 EPS, Q4 2019 earnings at $1.48 EPS and FY2019 earnings at $5.40 EPS.

Other research analysts have also issued reports about the company. Citigroup lifted their target price on Jacobs Engineering Group from $69.00 to $70.00 and gave the company a “$66.12” rating in a report on Monday, July 23rd. DA Davidson raised Jacobs Engineering Group from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a report on Monday, August 6th. Bank of America lifted their price target on Jacobs Engineering Group from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. UBS Group lifted their price target on Jacobs Engineering Group from $83.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. Finally, ValuEngine raised Jacobs Engineering Group from a “hold” rating to a “buy” rating in a report on Wednesday, September 19th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $83.71.

NYSE:JEC opened at $72.93 on Monday. The firm has a market capitalization of $10.53 billion, a P/E ratio of 22.51, a P/E/G ratio of 1.09 and a beta of 1.41. Jacobs Engineering Group has a 12-month low of $55.21 and a 12-month high of $82.24. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.39.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 26th. Shareholders of record on Friday, September 28th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Thursday, September 27th. Jacobs Engineering Group’s dividend payout ratio (DPR) is 18.52%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Kentucky Retirement Systems acquired a new stake in shares of Jacobs Engineering Group during the third quarter worth about $685,000. Captrust Financial Advisors acquired a new stake in shares of Jacobs Engineering Group during the third quarter worth about $190,000. AQR Capital Management LLC increased its position in shares of Jacobs Engineering Group by 60.0% during the third quarter. AQR Capital Management LLC now owns 34,023 shares of the construction company’s stock worth $2,603,000 after purchasing an additional 12,759 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Jacobs Engineering Group by 1,029.6% during the third quarter. Macquarie Group Ltd. now owns 51,962 shares of the construction company’s stock worth $3,975,000 after purchasing an additional 47,362 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Jacobs Engineering Group by 5.6% during the third quarter. Advisors Asset Management Inc. now owns 89,495 shares of the construction company’s stock worth $6,846,000 after purchasing an additional 4,737 shares in the last quarter. Institutional investors and hedge funds own 86.64% of the company’s stock.

About Jacobs Engineering Group

Jacobs Engineering Group Inc provides technical, professional, and construction services. 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.

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Earnings History and Estimates for Jacobs Engineering Group (NYSE:JEC)

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