Analyst Ratings for Jacobs Engineering Group Inc. (JEC)Updated: 2017-07-26
Shares of Jacobs Engineering Group Inc. (NYSE:JEC) have received a consensus rating of Hold from Wall Street analysts. Last month, JEC received an average rating of Hold.
Of the 17 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
JEC was given price targets by several analysts. The most optimistic price target was 67, implying a possible profit of 26.7 percent. The minimum price target given was 47, implying potential capital losses of -11.12 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.63 percent. The average change in earnings estimates over the last 90 days is -3.7 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.48 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.16 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
JEC has an estimated earnings growth rate of 81.15 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of JEC is 0.38.
JEC has traded between a high of 63.42 and a low of 49.15 over the past year. Currently the stock is 7.59 percent higher than its low, and below the high by 16.62 percent. JEC has a price/earnings ratio of 30.94. Investors typically compare the P/E ratio to a company's peers in the industry. The JEC value stock report compares JEC to some of its peers using value stock charts. The stock has a market capitalization of $6.38 billion. JEC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.