Deep Dive Into Jacobs Solutions Stock: Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Recent analysis of Jacobs Solutions (NYSE:J) by 5 analysts over the last three months shows a mix of bullish to bearish sentiments, with an updated average 12-month price target of $162.4, marking a 2.3% increase from the previous target. Analysts from firms including Baird, Citigroup, B of A Securities, Argus Research, and Truist Securities have adjusted their ratings and price targets, reflecting their perspectives on the company's market position and financial performance. Jacobs Solutions, a global provider of various services, reported a revenue growth of 9.49% and a net margin of 4.13% for fiscal 2023, indicating strong profitability and effective cost management despite a below-industry ROE of 2.6%.
May 08, 2024 | 1:01 pm
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Jacobs Solutions has received mixed analyst ratings with an updated average 12-month price target of $162.4, reflecting a positive sentiment based on its recent financial performance including a significant revenue growth and strong net margin.
The updated analyst ratings and increased price target for Jacobs Solutions are indicative of a positive outlook on the company's financial health and market position. The recent financial performance, including a 9.49% revenue growth and a net margin of 4.13%, supports a bullish sentiment among analysts. However, the below-industry ROE of 2.6% is a point of concern that might temper overly optimistic expectations. The mix of ratings from different analysts suggests a consensus on the company's strong performance but also highlights areas for improvement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100