Jacobs Solutions Inc (NYSE: J) is -0.10% lower on its value in year-to-date trading and has touched a low of $111.17 and a high of $150.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The J stock was last observed hovering at around $132.27 in the last trading session, with the day’s gains setting it 1.21%.
Currently trading at $133.48, the stock is -2.74% and -2.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 0.91% at the moment leaves the stock 4.35% off its SMA200. J registered 16.69% gain for a year compared to 6-month gain of 13.63%. The firm has a 50-day simple moving average (SMA 50) of $136.6822 and a 200-day simple moving average (SMA200) of $127.88948.
The stock witnessed a 0.46% loss in the last 1 month and extending the period to 3 months gives it a -4.55%, and is -4.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 2.26% over the month.
Jacobs Solutions Inc (J) has around 45000 employees, a market worth around $16.36B and $14.40B in sales. Current P/E ratio is 27.50 and Fwd P/E is 19.46. Profit margin for the company is 4.23%. Distance from 52-week low is 20.07% and -11.33% from its 52-week high. The company has generated returns on investments over the last 12 months (9.65%).
The EPS is expected to grow by 14.26% this year
1098.0 institutions hold shares in Jacobs Solutions Inc (J), with institutional investors hold 87.45% of the company’s shares. The shares outstanding are 122.91M, and float is at 121.15M with Short Float at 1.61%. Institutions hold 86.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.93 million shares valued at $1.95 billion. The investor’s holdings represent 11.0832 of the J Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.1 million shares valued at $1.13 billion to account for 6.4456 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.32 million shares representing 5.8223 and valued at over $1.02 billion, while PRIMECAP MANAGEMENT CO/CA/ holds 4.4405 of the shares totaling 5.58 million with a market value of $779.89 million.
Jacobs Solutions Inc (J) Insider Activity
Still, SEC filings show that on Nov 22 ’24, Dana Demetriou (Officer) Proposed Sale 11,775 shares at an average price of $137.36 for $1.62 million. The insider now directly holds shares of Jacobs Solutions Inc (J).
