3/28/2023 0 Comments Jstock alternative![]() Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough January 2, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. ![]() ![]() Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. You can find more information on all of these metrics, and much more, on. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 40% of all 250+ industries. The Technology Services industry is part of the Business Services sector. ![]() The Technology Services industry currently had an average PEG ratio of 2.04 as of yesterday's close. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Meanwhile, J's PEG ratio is currently 1.54. For comparison, its industry has an average Forward P/E of 22.87, which means Jacobs Solutions is trading at a discount to the group. Valuation is also important, so investors should note that Jacobs Solutions has a Forward P/E ratio of 16.38 right now. Jacobs Solutions currently has a Zacks Rank of #4 (Sell). Over the past month, the Zacks Consensus EPS estimate has moved 0.41% lower. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors might also notice recent changes to analyst estimates for Jacobs Solutions. These results would represent year-over-year changes of +6.93% and +5.38%, respectively. J's full-year Zacks Consensus Estimates are calling for earnings of $7.41 per share and revenue of $15.73 billion. Meanwhile, our latest consensus estimate is calling for revenue of $3.62 billion, up 6.97% from the prior-year quarter. This would mark year-over-year growth of 2.56%. In that report, analysts expect Jacobs Solutions to post earnings of $1.60 per share. Wall Street will be looking for positivity from Jacobs Solutions as it approaches its next earnings report date. This has was narrower than the Business Services sector's loss of 1.15% and the S&P 500's loss of 1.68% in that time. Prior to today's trading, shares of the construction and technical services company had lost 1.14% over the past month. Meanwhile, the Dow lost 1.05%, and the Nasdaq, a tech-heavy index, lost 5.88%. ![]() This change was narrower than the S&P 500's daily loss of 1.45%. In the latest trading session, Jacobs Solutions ( J Quick Quote J - Free Report) closed at $119.88, marking a -1.17% move from the previous day. ![]()
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