Back to top

Analyst Blog

Jacobs Engineering Group Inc. (JEC - Analyst Report) is playing to its strength of acquiring and working on contracts. The company has been gaining large and diversified contracts globally. The latest addition to the contracts galore comes from U.K.’s Office for Nuclear Regulation (ONR). The value of the five-year framework agreement has not been disclosed.

According to the contract, Jacobs will provide technical assistance to ONR in areas including radwaste, internal and external hazards, civil engineering and decommissioning. The company will support ONR in the safe operation of existing U.K.-licensed nuclear facilities and assessing the safety aspects of future facilities along with designing new reactors.

Jacobs is confident of executing the contract successfully given its past experience in delivering complex and highly regulated projects across the entire nuclear life cycle.

Jacobs caters to an array of sectors like oil and gas, petrochemical, mining, IT services and power through joint ventures and contract wins. The company presently has a significant share in the huge global infrastructure market, which is expected to grow further in the coming quarters.

California-based 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.

Other Stocks to Consider

With a market capitalization of $8.4 billion, the stock currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry that warrant a look include AECOM Technology Corporation (ACM - Analyst Report), Quanta Services, Inc. (PWR - Analyst Report) and Willdan Group, Inc. (WLDN). All these stocks hold a Zacks Rank #2 (Buy).

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

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
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%