Jacobs Solutions Inc. has had a mixed performance in the stock market lately. Despite occasionally underperforming the Nasdaq and S&P 500, the company's stocks have shown various periods of relative price strength, outperforming competitors on several occasions. Over 87% of the company's shares are owned by institutional structures, including JPMorgan Chase & Co. and Principal Financial Group Inc. The company's Q4 and full-year 2024 earnings saw mixed results, beating estimates on earnings per share but missing on revenues. However, this didn't prevent the company's stock from continuing to rise, with large institutional owners surely content as stocks elevated 5.4% over the past week. Still, some insiders have been selling their shares, with $2.6 million lost recently. Despite this, the financial outlook for Jacobs Solutions remains strong. Recently, the company announced a spin-off date for the separation of the Critical Mission Solutions and Cyber & Intelligence Government services businesses. Although the company's stock suffered a downturn on November 19th and 30th, the outlook remains broadly positive. Jacobs Solutions' revenue continues to grow steadily thanks to robust demand in infrastructure business and they have a strong backlog supporting growth for FY25.
Jacobs Solutions Stocks News Analytics from Sat, 08 Mar 2014 08:00:00 GMT to Fri, 10 Jan 2025 22:17:00 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor 1
