Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Construction and engineering company, Jacobs Engineering Group Inc. (JEC - Analyst Report), boasts high customer satisfaction rate which enables it to generate a large percentage of repeat businesse. Per the company, around 65% of the work obtained is through long-term relationship, which is reflected in the 94% repeat business done in the fiscal third quarter of 2013.

Recently, the company was awarded an extension by the privately-held Irving Oil, to continue providing maintenance services at the Irving Oil Refinery in Saint John, New Brunswick, Canada. The two-year extension comes with two five-year extension options. The terms of the contract were, however, not disclosed.

The new contract is an extension of more than two decades of association between the two companies. Per the contract awarded in 1991, Jacobs was providing turnaround and small capital construction services in addition to day-to-day maintenance services. The extension entitles Jacobs to provide new services like erecting scaffold materials and providing fabrication services along with the previous services.   

For the quarter ended Jun 2013, Jacobs’ revenues from the Oil and Gas-Upstream market reached $261.1 million, reflecting an increase of 7.8% year over year, mostly led by the contribution from the Canadian market. Jacobs sees high growth potential in Canada, given the huge revenue generation from Oil and Gas-Upstream market.

Jacobs is one of the leading providers of professional, technical and construction services to industrial, commercial and governmental clients. The company provides its services through more than 200 offices and subsidiaries located principally in North America, Europe, Asia and Australia.

This Zacks Rank #2 (Buy) company has a market capitalization of $7.6 billion. Other stocks worth a watch in the industry include Fluor Corporation (FLR - Analyst Report), KBR, Inc. (KBR) and Quanta Services, Inc. (PWR - Analyst Report). All these companies carry a Zacks Rank #2.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%