Jacobs Solutions Inc (NYSE:J) shares, rose in value on Friday, December 13, with the stock price up by 0.71% to the previous day’s close as strong demand from buyers drove the stock to $136.99.
Actively observing the price movement in the last trading, the stock closed the session at $136.02, falling within a range of $135.49 and $137.0799. The value of beta (5-year monthly) was 0.702 whereas the PE ratio was 21.64 over 12-month period. Referring to stock’s 52-week performance, its high was $150.54, and the low was $105.10. On the whole, J has fluctuated by -8.21% over the past month.
With the market capitalization of Jacobs Solutions Inc currently standing at about $16.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 1.02, with its dividend yield at 0.74%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 12.23B, with a low estimate of 2.86B and a high estimate of 2.98B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.92B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that J’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.99, with the price of J currently trading nearly -0.51% and -2.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.00, while the 7-day volatility ratio is showing 1.98% which for the 30-day chart, stands at 2.41%. Furthermore, Jacobs Solutions Inc (J)’s beta value is 0.71, and its average true range (ATR) is 2.80.
A comparison of Jacobs Solutions Inc (J) with its peers suggests the former has fared considerably weaker in the market. J showed an intraday change of 0.71% in last session, and over the past year, it grew by 27.21%%.
Data on historical trading for Jacobs Solutions Inc (NYSE:J) indicates that the trading volumes over the past 10 days have averaged 0.77 and over the past 3 months, they’ve averaged 836.24K. According to company’s latest data on outstanding shares, there are 124.25 million shares outstanding.
Nearly 1.30% of Jacobs Solutions Inc’s shares belong to company insiders and institutional investors own 85.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.39 million shares as on 2024-10-31, resulting in a short ratio of 1.7. According to the data, the short interest in Jacobs Solutions Inc (J) stood at 127.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.72 million. The stock has risen by 26.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the J stock heading into the next quarter.
