A range of activities occurred with
Jacobs Solutions on the stock market recently. The company saw
multiple acquisitions of its shares from renowned asset management firms. Also, there were
insider trades with executives selling off large amounts of company stock. Price target cuts from leading financial institutions, including Truist Financial and Robert W. Baird, were announced. Jacobs Solutions experienced a fluctuating performance on the stock market, underperforming its competitors on some days but also having strong trading days. Their
Q2 earnings beat estimates, but resulted in a drop in shares value; a trend seen to follow their Q1 earnings announcement. Optimistic future predictions were made for Jacobs stock suggesting potential for long-term growth. However, it was also noted that the company had reduced its FY2025 Earnings Estimates. The consensus recommendation from analysts appeared to be a βModerate Buyβ.
Jacobs Solutions Stocks News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 20:43:28 GMT -
Rating -2
- Innovation -4
- Information 6
- Rumor -1