Baird R W Downgrades Jacobs Solutions (NYSE:J) to Hold

Jacobs Solutions (NYSE:J) was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating in a report issued on Friday,Zacks.com reports.

Several other analysts also recently issued reports on J. Bank of America decreased their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research note on Friday. Robert W. Baird reiterated a “neutral” rating and set a $146.00 price target (down previously from $161.00) on shares of Jacobs Solutions in a report on Friday. KeyCorp lifted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Citigroup lowered their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Wells Fargo & Company dropped their target price on shares of Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $155.10.

Jacobs Solutions Trading Down 0.2%

Shares of NYSE J opened at $128.87 on Friday. The business has a 50 day simple moving average of $152.83 and a 200 day simple moving average of $141.93. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. The stock has a market cap of $15.40 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 1.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J) last posted its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The firm had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the company earned $1.37 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, research analysts predict that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Institutional Trading of Jacobs Solutions

Hedge funds have recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its holdings in Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after buying an additional 95 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter valued at about $27,000. Godsey & Gibb Inc. increased its stake in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after acquiring an additional 121 shares during the period. Geneos Wealth Management Inc. increased its stake in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after acquiring an additional 87 shares during the period. Finally, Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the third quarter worth about $33,000. Institutional investors own 85.65% of the company’s stock.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.