A Director at Jacobs Engineering is Exercising Options

By Carrie Williams

Yesterday, a Director at Jacobs Engineering, Joseph Bronson, exercised options of Jacobs Engineering for $385.9K.

Following Joseph Bronson’s last JEC Sell transaction on December 08, 2016, the stock climbed by 5.4%.

Based on Jacobs Engineering’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.65 billion and quarterly net profit of $93.37 million. In comparison, last year the company earned revenue of $2.64 billion and had a net profit of $29.64 million. The company has a one-year high of $66.20 and a one-year low of $49.31. JEC’s market cap is $7.8B and the company has a P/E ratio of 27.25.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $67.14, reflecting a -2.2% downside. Three different firms, including BMO Capital and Goldman Sachs, currently also have a Sell rating on the stock.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Jacobs Engineering Group, Inc. engages in the provision of diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. Its services includes project, process, scientific, and systems consulting, construction, and operations and maintenance services. The company was founded by Joseph J.