Jacobs Solutions Inc. (NYSE:J) is gearing up to release its quarterly earnings on November 19, 2024, before the market opens. Analysts predict an earnings per share (EPS) of $1.54 and project the company's revenue to reach around $2.37 billion. Jacobs operates in sectors like consulting, water infrastructure, and advanced facilities, including life sciences and semiconductor manufacturing.
The company's performance is expected to show growth in these high-margin sectors, despite facing higher expenses. In the previous quarter, Jacobs exceeded the Zacks Consensus Estimate for earnings by 0.5%, although its revenues fell short by 3.5%. Year-over-year, adjusted earnings increased by 11.4%, with a slight revenue growth of 1.1%. Historically, Jacobs has surpassed earnings expectations in three of the last four quarters, with an average beat of 8.3%.
The Zacks Consensus Estimate for the upcoming quarter's EPS has been revised upwards to $2.08, reflecting a 9.5% increase from previous estimates. This revision indicates optimism about Jacobs' ability to deliver strong financial results. The company's price-to-earnings (P/E) ratio is approximately 27.82, showing the price investors are willing to pay for each dollar of earnings.
Jacobs' price-to-sales ratio stands at about 1.03, suggesting that investors are paying a little over one dollar for every dollar of sales. The enterprise value to sales ratio is approximately 1.16, reflecting the company's total valuation relative to its sales. The enterprise value to operating cash flow ratio is around 18.31, providing insight into the company's valuation compared to its cash flow.
The earnings yield is approximately 3.60%, offering a perspective on the return on investment. Jacobs maintains a debt-to-equity ratio of about 0.46, indicating a moderate level of debt relative to equity. The current ratio is approximately 1.14, suggesting that the company has a reasonable level of liquidity to cover its short-term liabilities.
Symbol | Price | %chg |
---|---|---|
JSMR.JK | 3910 | 1.53 |
02826K.KS | 88100 | 0.11 |
028260.KS | 119600 | 0.33 |
WIKA.JK | 204 | 0 |
Jacobs (NYSE:J) reported its Q4 results yesterday, with EPS of $1.80 coming in better than the Street estimate of $1.78. Revenue was $3.9 billion, beating the Street estimate of $3.8 billion.
Analysts at RBC Capital believe the company remains well positioned over the medium term given the demand tailwinds across its segments. The analysts lowered their price target to $150 from $155 while reiterating their Outperform rating.
While Q4 results were largely in line with expectations, the share price reaction yesterday (down nearly 3%) appears to be driven by the fiscal 2023 outlook. The company expects 2023 EPS to be in the range of $7.20-$7.50, compared to the Street estimate of $7.66.