Impact of Brokerage Rating on Jacobs Engineering Group Inc.(JEC)

Many Jacobs Engineering Group Inc.(JEC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Jacobs Engineering Group Inc was Downgraded by Jefferies to Hold on Dec 13, 2016.

Company has reported several Insider transactions to the SEC, on Dec 8, 2016, Joseph R Bronson (director) sold 14,500 shares at 60.23 per share price.On Oct 4, 2016, Noel G Watson (director) sold 66,668 shares at 51.71 per share price.On Aug 30, 2016, Terence D Hagen (PRESIDENT, A&T) sold 18,639 shares at 54.73 per share price.

Jacobs Engineering Group Inc Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.63. The company had revenue of $2551.60 million for the quarter, compared to analysts expectations of $2634.56 million. The companys revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.

Jacobs Engineering Group Inc. (NYSE:JEC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.5 by 12 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold.

Jacobs Engineering Group Inc. (NYSE:JEC): The mean estimate for the short term price target for Jacobs Engineering Group Inc. (NYSE:JEC) stands at $59.89 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $65 while the lower price target estimate is at $55.

Jacobs Engineering Group Inc. (NYSE:JEC) rose 0.14% or 0.08 points on Tuesday and made its way into the gainers of the day. After trading began at $57.54 the stock was seen hitting $57.54 as a peak level and $56.78 as the lowest level. The stock ended up at $57.53. The daily volume was measured at 669,567 shares. The 52-week high of the share price is $63.42 and the 52-week low is $36.0398. The company has a market cap of $6,965 million.

Jacobs is one of the worlds largest and most diverse providers of technical, professional, and construction services, including all aspects of architecture, engineering and construction, operations and maintenance, as well as scientific and specialty consulting. They serve a broad range of companies and organizations, including industrial, commercial, and government clients across multiple markets in 230+ locations across North America, South America, Europe, the Middle East, India, Australia, Africa, and Asia.

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