Here's Why Jacobs Solutions (J) is a Strong Value Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Jacobs Solutions (J)
Dallas, TX-based Jacobs Solutions Inc., formerly known as Jacobs Engineering Group Inc., is one of the leading providers of professional, technical and construction services to industrial, commercial and governmental clients. During fourth-quarter fiscal 2019 earnings call, the company reported that the stock will trade in NYSE under the ticker symbol "J" instead of JEC, effective Dec 10, 2019.
J boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Jacobs Solutions are trading at a forward earnings multiple of 18.2X, as well as a PEG Ratio of 1.6, a Price/Cash Flow ratio of 15.1X, and a Price/Sales ratio of 1.1X.
A company's earnings performance is important for value investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for J, while the Zacks Consensus Estimate has increased $0.01 to $8.06 per share. J also holds an average earnings surprise of 7.3%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding J to their portfolios.
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Jacobs Solutions Inc. (J) : Free Stock Analysis Report