Jacobs Solutions Inc. (NYSE:J) has been garnering attention in the bio-tech market. Various investment firms, such as
Hantz Financial Services,
McKinley Carter Wealth Services, and
United Asset Strategies have increased their stake in the company. The firm's quarterly dividend has risen by 10% to $0.32 per share, payable in March. Investors expect Jacobs Solution's earnings report, with a new price target of $160 given by
Citigroup. Short interest in the company also expanded by 33.3%, indicating heightened market attention.
Aaron Wealth Advisors,
Compass Wealth Management, and several others have acquired shares, anticipating a positive outcome. Despite the recent underperformance of the stocks compared to competitors and S&P 500, the financials of the company remain strong, with a significant role in Dublin's
BusConnects project and key strategic spin-offs and mergers. However, insiders sold about US$2.6m of shares, suggesting hesitancy. Future growth is supported by a strong backlog despite challenges from global laws and regulations. The company has announced the date for its FY25 earnings and has set an ambitious growth path with support from infrastructure modernization and sustainability.
Jacobs Solutions Stocks News Analytics from Fri, 07 Aug 2020 22:25:09 GMT to Sat, 01 Feb 2025 15:05:07 GMT -
Rating +4
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- Information +8
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