Somewhat Positive Media Coverage Very Likely to Impact Jacobs Engineering Group (JEC) Share Price

News articles about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive on Friday, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jacobs Engineering Group earned a news impact score of 0.16 on AlphaOne’s scale. AlphaOne also assigned news coverage about the construction company an impact score of 82 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the next few days.

These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s rankings:

Insider Buying and Selling by Quarter for Jacobs Engineering Group (NYSE:JEC)

Jacobs Engineering Group (JEC) traded up 0.04% during midday trading on Friday, reaching $53.82. 784,793 shares of the company were exchanged. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of 31.29 and a beta of 1.55. Jacobs Engineering Group has a 52-week low of $47.14 and a 52-week high of $63.42. The company has a 50 day moving average of $53.62 and a 200-day moving average of $56.36.

Jacobs Engineering Group (NYSE:JEC) last released its quarterly earnings data on Tuesday, May 9th. The construction company reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.07. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Jacobs Engineering Group had a return on equity of 8.56% and a net margin of 2.05%. Jacobs Engineering Group’s revenue was down 17.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 earnings per share. On average, equities research analysts anticipate that Jacobs Engineering Group will post $3.13 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Friday, May 19th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.11%. The ex-dividend date is Wednesday, May 17th. Jacobs Engineering Group’s dividend payout ratio (DPR) is 34.88%.

JEC has been the subject of several research analyst reports. Robert W. Baird reaffirmed a “neutral” rating and issued a $64.00 price objective (up from $62.00) on shares of Jacobs Engineering Group in a research report on Friday, May 12th. BidaskClub raised shares of Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday. Zacks Investment Research raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Tuesday, April 11th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $69.00 price objective on shares of Jacobs Engineering Group in a research note on Friday, April 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Jacobs Engineering Group currently has a consensus rating of “Hold” and an average price target of $61.11.

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About Jacobs Engineering Group

Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.

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