Jacobs Engineering Group Inc. provides consulting, technical, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, rest of Asia, Australia, New Zealand, South America, Mexico, the Middle East, and Africa. The company operates in two segments, Critical Mission Solutions and People & Places Solutions. The Critical Mission Solutions segment provides cybersecurity, data analytics, systems and software application integration and consulting, enterprise and mission IT, engineering and design, nuclear, enterprise level operations and maintenance, and other technical consulting solutions. The People & Places Solutions segment offers data analytics, artificial intelligence and automation, software development, digitally driven consulting, planning and architecture, program management, and other technical consulting solutions. The company is also involved in the management and execution of wind-tunnel design-build projects; and design-build for water and construction management. Jacobs Engineering Group Inc. was founded in 1947 and is headquartered in Dallas, Texas.
IPO Year: 2022
Exchange: NYSE
Website: jacobs.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/20/2024 | Buy → Hold | The Benchmark Company | |
10/4/2024 | $160.00 | Mkt Perform → Outperform | Raymond James |
5/8/2024 | Outperform → Mkt Perform | William Blair | |
3/14/2024 | $154.00 | Hold | Truist |
1/10/2024 | Sector Weight | KeyBanc Capital Markets | |
11/22/2023 | Outperform → Mkt Perform | Raymond James | |
9/15/2023 | $149.00 | Hold | HSBC Securities |
1/13/2023 | $137.00 | Buy → Neutral | BofA Securities |
1/6/2023 | $136.00 → $150.00 | Neutral → Outperform | Robert W. Baird |
4/27/2022 | $173.00 | Outperform | RBC Capital Mkts |
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
10-Q - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
SD - JACOBS SOLUTIONS INC. (0000052988) (Filer)
8-K - JACOBS SOLUTIONS INC. (0000052988) (Filer)
The Benchmark Company downgraded Jacobs Solutions from Buy to Hold
Raymond James upgraded Jacobs Solutions from Mkt Perform to Outperform and set a new price target of $160.00
William Blair downgraded Jacobs Engineering from Outperform to Mkt Perform
Truist initiated coverage of Jacobs Engineering with a rating of Hold and set a new price target of $154.00
KeyBanc Capital Markets resumed coverage of Jacobs Engineering with a rating of Sector Weight
Raymond James downgraded Jacobs Engineering from Outperform to Mkt Perform
HSBC Securities initiated coverage of Jacobs Engineering with a rating of Hold and set a new price target of $149.00
BofA Securities downgraded Jacobs Engineering from Buy to Neutral and set a new price target of $137.00
Robert W. Baird upgraded Jacobs Engineering from Neutral to Outperform and set a new price target of $150.00 from $136.00 previously
RBC Capital Mkts initiated coverage of Jacobs Engineering with a rating of Outperform and set a new price target of $173.00
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
4 - JACOBS SOLUTIONS INC. (0000052988) (Issuer)
Successful Separation and Merger of CMS and C&I, Now Trading as Amentum (NYSE:AMTM) Backlog Grows by 23% y/y with TTM Book-to-Bill Ratio of 1.35x FY 2025 Guidance Highlights Favorable Growth and Margin Expectations DALLAS, Nov. 19, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended September 27, 2024. Q4 2024 Financial Highlights from Continuing Operations: Revenue of $3.0 billion grew 4.4% y/y; adjusted net revenue1 up 4.3% y/yNet income of $309 million, up 333.1% y/y; Adjusted EBITDA1 of $289 million, up 12.5% y/yEPS of $2.38, up 277.8% y/y; adjusted EPS1 of $1.37, up 28.0% y/yRecorded $187 million
Design-build services for major facility expansion creates drought-resilient drinking water supply DALLAS, Nov. 18, 2024 /PRNewswire/ -- The McCarthy-Jacobs (NYSE:J) joint venture was selected to design and build the Torrance Groundwater Desalter Expansion, a critical component of Water Replenishment District (WRD) of Southern California's Brackish Groundwater Reclamation Program and its larger "WIN 4 ALL" initiative. The desalination expansion project will treat salt water in the West Coast Groundwater Basin and create a more resilient local drinking water supply for more than 88,000 residents in the area – eliminating the need for imported water. The expanded desalination facility will use
West Yorkshire Mass Transit Programme will connect communities and advance growth DALLAS, Nov. 13, 2024 /PRNewswire/ -- A Jacobs (NYSE:J) and Mott MacDonald consortium has been appointed as the Design Development Partner by the West Yorkshire Combined Authority (The CA) in the next phase of the West Yorkshire Mass Transit Programme – an advanced, high-capacity public transport system to be integrated with cycling, walking and rail, to connect communities across the region. With a population of 2.3 million and an economic output of nearly $95 billion (£70 billion) gross value a
New equalization basins will regulate flows to advanced water purification facility Enhances capability to reduce imported water use in drought-stressed region of Los Angeles DALLAS, Nov. 12, 2024 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by LA Sanitation and Environment (LASAN) as the progressive design-build contractor for the Donald C. Tillman Advanced Water Equalization Basins, another critical part of the City of Los Angeles' long-term plans to increase recycled water production by 2035. The Donald C. Tillman Advanced Water Purification Facility (AWPF), also being delivered by Jacobs, will depend on a constant, stable flow of primary effluent to produce purified water suitable f
DALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal fourth quarter and full year 2024 earnings results before market open on Tuesday, Nov. 19, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With a team of approximately 45,000, we provide end-to-end services in advanced manufacturing, cities & plac
Providing feasibility, design and climate change services under long-term framework DALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was appointed by Northern Ireland Water to a new professional services framework supporting water and wastewater capital improvements across the region. Northern Ireland Water provides water and sewerage services to approximately 840,000 households and businesses in Northern Ireland. The framework will support Northern Ireland Water with the remainder of its Business Plan – a six-year investment program that includes significant upgrades to Northern Ireland Water's infrastructure for water and wastewater. Jacobs' scope of work covers feasibility, design an
San Juan Lateral Water Treatment Plant secures sustainable, clean water for Navajo communities DALLAS, Oct. 22, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the U.S. Bureau of Reclamation to design and build the San Juan Lateral Water Treatment Plant in northwest New Mexico. At a cost of $267 million, the plant is the largest and most important component of the Navajo-Gallup Water Supply Project. Prior to the project's initiation, more than 40 percent of the Navajo Nation households relied on hauling water to meet their daily needs, and to this day the Navajo Nation estimates that over a third of Navajo Nation households rely on hauling water to meet their daily needs. When completed
Improvements will modernize infrastructure and boost resiliency at Puerto Rican airport DALLAS, Oct. 17, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was chosen by the airport's operator, Aerostar Airport Holdings, LLC, to participate in a selected group, to provide architecture and engineering consulting services in support of capital improvements at Luis Muñoz Marín International Airport (SJU) in San Juan, Puerto Rico. The capital improvement program addresses infrastructure improvements, increasing passenger and aircraft traffic demand, and mitigates future climate change impacts. At SJU, Jacobs will provide consulting services across airfield, landside, infrastructure and facilities developmen
Sydney Water program supports system resilience and economic development for the growing region in Sydney DALLAS, Oct. 16, 2024 /PRNewswire/ -- The Jacobs (NYSE:J)-Seymour Whyte Joint Venture was selected by Sydney Water to provide Engineering, Procurement and Construction Management (EPCM) services for the Upper South Creek Networks (USCN) Program in Western Sydney. As one of Sydney's fastest growing regions, it is estimated 90,000 new dwellings and 200,000 jobs will be created in the Upper South Creek catchment in the next three decades, making wastewater infrastructure investment critical for growth and development. The program will use an integrated delivery model to plan, procure, desig
DALLAS, Oct. 10, 2024 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed by CG Semi Private Limited, a Joint Venture between CG, Renesas Electronics Corporation, and Stars Microelectronics (Thailand) Public Co. Ltd., for engineering design of CG Semi's new Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujrat in India. Serving as the engineering, procurement and construction services (EPCS) partner on the Mini Line, and engineering partner on the Main Line, Jacobs will support CG Semi in its endeavor to establish a world-class OSAT facility. "Jacobs partnering with CG Semi on this pivotal project underscores our commitment to delivering innovative and sustainable solut
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE:AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE:BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE:MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE:J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction
Venk Nathamuni Appointed Chief Financial Officer, Effective June 3, 2024 DALLAS, May 16, 2024 /PRNewswire/ -- Jacobs (NYSE:J) today announced the appointment of Venk Nathamuni as the company's new Chief Financial Officer (CFO), effective June 3, 2024. During a 30+ year career, which includes 15 years' experience in executive-level finance and strategic leadership roles, Venk Nathamuni brings a wealth of knowledge and expertise to his new role at Jacobs. He will be responsible for overseeing Jacobs' financial operations, enterprise-wide optimization, capital allocation and investor relations activities, and will play a significant leadership role in guiding the company's financial and busin
Piedmont Lithium ("Piedmont" or the "Company") (NASDAQ:PLL, ASX: PLL))), a leading global supplier of lithium resources critical to the U.S. electric vehicle ("EV") supply chain, today announced the appointment of Dawne Hickton to the Board of Directors ("Board"), effective March 14, 2024. Ms. Hickton is an accomplished leader in the aerospace, energy, and metals industries, adding to the extensive manufacturing expertise of the directors and further diversifying the Board's executive, operational, and strategic guidance to the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318562526/en/Dawne Hickton (Photo: Business
Framework to help reshape delivery of future asset investment programs Supports efforts to deliver a healthy, resilient and sustainable water asset base DALLAS, Feb. 27, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Northumbrian Water Group (NWG) as a strategic technical partner to support delivery of the water company's future asset investment programs across its Northumbrian Water and Essex & Suffolk Water regions in the U.K. Providing water and sewage services to nearly 4.4 million people, NWG will be working with new strategic and commercial partners to explore how
SEE (NYSE:SEE) today announced the appointment of Kevin Berryman to its Board of Directors. Mr. Berryman will serve on the Audit Committee. Mr. Berryman currently serves as the President and Chief Financial Officer at Jacobs (NYSE:J), a full spectrum professional services company including consulting, technical, scientific and project delivery for the government and private sector. In this role, he is responsible for all aspects of strategy and financial operations for the company. Prior to Jacobs, Mr. Berryman served as Executive Vice President and Chief Financial Officer at International Flavors & Fragrances in addition to various leadership positions at Nestlé. "My background in consu
DALLAS, March 2, 2022 /PRNewswire/ -- Jacobs (NYSE:J) today announced that Steve Arnette has been named EVP and President, Critical Mission Solutions (CMS), effective April 1, 2022. He succeeds Dawne Hickton who transitions out of Jacobs. Arnette will report to Bob Pragada, Jacobs President and Chief Operating Officer. "In 2019, Dawne stepped off the Jacobs Board to lead the CMS business. Since that time, Dawne has overseen a cultural transformation of CMS, while driving a significant increase in exposure to high growth, higher value businesses. Her leadership has been instrum
SINGAPORE, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Triterras Inc. (NASDAQ:TRIT, TRITW))) ("Triterras" or the "Company"), a leading fintech company focused on trade and trade finance, today announced the appointment of Perry Mangers, CPA, to the newly created role of Vice President of Financial Reporting. He will report to Chief Financial Officer Alvin Tan. Mangers is a finance professional with more than 20 years of wide-ranging corporate and board-level experience. His areas of specialty have included initial public offerings, global reporting, financial controls, SOX compliance, financial systems implementations, technical accounting and M&A advisory functions. He will be responsible for fin
DALLAS, Aug. 2, 2021 /PRNewswire/ -- Jacobs (NYSE:J) today named Patrick Hill as EVP and President of People & Places Solutions (P&PS) effective Aug. 1, 2021. Hill's career at Jacobs spans more than 23 years in several senior leadership positions, crossing multiple sectors and operations around the globe. Most recently Patrick co-led P&PS' global business, with focus on Europe, the Middle East, Africa, Asia, Australia and New Zealand, as well as the global functions of Growth, Strategy & Solutions and Global Design Centers. Prior executive roles in the U.S. included leadershi
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Successful Separation and Merger of CMS and C&I, Now Trading as Amentum (NYSE:AMTM) Backlog Grows by 23% y/y with TTM Book-to-Bill Ratio of 1.35x FY 2025 Guidance Highlights Favorable Growth and Margin Expectations DALLAS, Nov. 19, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended September 27, 2024. Q4 2024 Financial Highlights from Continuing Operations: Revenue of $3.0 billion grew 4.4% y/y; adjusted net revenue1 up 4.3% y/yNet income of $309 million, up 333.1% y/y; Adjusted EBITDA1 of $289 million, up 12.5% y/yEPS of $2.38, up 277.8% y/y; adjusted EPS1 of $1.37, up 28.0% y/yRecorded $187 million
DALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal fourth quarter and full year 2024 earnings results before market open on Tuesday, Nov. 19, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With a team of approximately 45,000, we provide end-to-end services in advanced manufacturing, cities & plac
DALLAS, Sept. 26, 2024 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on Nov. 22, 2024, to shareholders of record as of the close of business on Oct. 25, 2024. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual re
Reports Strong Consolidated Q3 Margins People & Places Solutions (P&PS) Record Backlog1 Grows by Double Digits with Book-to-Bill Ratio 1.53x Delivered Strong P&PS and PA Consulting Operating Margin Performance Robust Cash Flow Performance; Executed $151M of Share Buybacks During Quarter DALLAS, Aug. 6, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE:J) today announced its financial results for the fiscal third quarter ended June 28, 2024. Q3 2024 Highlights: Cash flow from operations of $483 million; expecting greater than 100% fiscal year reported free cash flow conversion1EPS of $1.17, down 9% y/y; adjusted EPS from continuing operations1 of $1.96, up 11% y/yBacklog1 of $30.6 billion, u
DALLAS, July 15, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal third quarter 2024 earnings results before market open on Tuesday, Aug. 6, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turni
DALLAS, July 11, 2024 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on Aug. 23, 2024, to shareholders of record as of the close of business on July 26, 2024. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual rev
Second Quarter Revenue up 4.7% Year-Over-Year People and Places Solutions (P&PS) Revenue up 7.5% Year-Over-Year Operating Profit down 3% Year-Over-Year, Adjusted Operating Profit up 10%1 Repurchased $95M in Shares During the Second Quarter Narrows Fiscal 2024 Adjusted EBITDA and Adjusted EPS Range DALLAS, May 7, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 29, 2024. Q2 2024 Highlights: Revenue of $4.3 billion up 4.7% y/y; adjusted net revenue1 increased 2.9% y/yRecord P&PS operating margin of 10.6%, and record adjusted operating margin of 15.3%1Backlog1 of $29.4 billion, up 1.5% y/y; gross profit in backl
DALLAS, May 2, 2024 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on June 21, 2024, to shareholders of record as of the close of business on May 24, 2024. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual revenu
DALLAS, April 9, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal second quarter 2024 earnings results before market open on Tuesday, May 7, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turni
First Quarter Revenue up 9.5% Year-Over-Year People and Places Solutions Revenue up 10.9% Year-Over-Year Reported EPS up 28% Year-Over-Year; Adjusted EPS up 28% Year-Over-Year1 Reported $418M in Cash Flow from Operations; Repurchased $100M in Shares Announced 11.5% Quarterly Dividend Increase Reiterates Fiscal 2024 Adjusted EBITDA and Adjusted EPS Outlook DALLAS, Feb. 6, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE:J) today announced its financial results for the fiscal first quarter ended December 29, 2023. Q1 2024 Highlights: Revenue of $4.2 billion up 9.5% y/y; adjusted net revenue1 increased 7.0% y/y and up 5.4% in constant currency1Backlog1 of $29.6 billion, up 4.7% y/y; gross
Jacobs (NYSE:J) has announced that a Form 10 has been publicly filed with the U.S. Securities and Exchange Commission ("SEC") for the previously announced planned spin-off of its Critical Mission Solutions and portions of its Divergent Solutions business, including the Cyber & Intelligence business. Filed under Amazon Holdco Inc., the Form 10 describes the spin-off and merger with Amentum Parent Holdings LLC ("Amentum"), to create a leading, publicly traded global engineering and technology solutions provider. The transaction is expected to close in the second half of the fourth quarter of fiscal year 2024. Upon closing, the combined company will be known as Amentum Holdings, Inc.
As External Services Provider, Jacobs (NYSE:J) is helping Uisce Éireann (previously known as Irish Water) to proactively plan the delivery of high quality, sustainable and resilient water services for Ireland through its Water Services Strategic Plan (WSSP) 2050. As Ireland's national public water services utility, Uisce Éireann is responsible for the operation and capital investment program for all public water and wastewater services in Ireland – supplying 449 million gallons (1.7 billion liters) of drinking water to customers and treating more than 317 million gallons (1.2 billion liters) of wastewater daily. The draft WSSP 2050 presents Uisce Éireann's strategic objectives, aims and ac
Jacobs Solutions's (NYSE:J) short percent of float has fallen 11.45% since its last report. The company recently reported that it has 1.27 million shares sold short, which is 1.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.67 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes