Somewhat Positive Press Coverage Somewhat Unlikely to Affect Jacobs Engineering Group (JEC) Stock Price

News headlines about Jacobs Engineering Group (NYSE:JEC) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Jacobs Engineering Group earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 45.6016152916121 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

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JEC has been the topic of several analyst reports. Credit Suisse Group reissued a “buy” rating on shares of Jacobs Engineering Group in a research report on Wednesday, February 28th. Robert W. Baird set a $75.00 target price on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Goldman Sachs raised shares of Jacobs Engineering Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 3rd. ValuEngine raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Deutsche Bank raised shares of Jacobs Engineering Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $72.00 to $73.00 in a research report on Thursday, March 29th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $74.62.

JEC traded down $0.06 on Thursday, reaching $60.50. 619,089 shares of the company traded hands, compared to its average volume of 1,261,538. Jacobs Engineering Group has a 52-week low of $49.31 and a 52-week high of $72.18. The company has a market capitalization of $8,534.28, a PE ratio of 18.67, a PEG ratio of 1.12 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48.

Jacobs Engineering Group (NYSE:JEC) last announced its quarterly earnings data on Wednesday, February 7th. The construction company reported $0.77 EPS for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.10. Jacobs Engineering Group had a net margin of 2.30% and a return on equity of 8.59%. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. equities analysts forecast that Jacobs Engineering Group will post 4.01 earnings per share for the current fiscal year.

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Jacobs Engineering Group Company Profile

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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