We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Jacobs (JEC) Growth Prospects Bright Amid Major Headwinds
Read MoreHide Full Article
On Sep 12, 2016 we issued an updated research report on premium technical services company, Jacobs Engineering Group Inc. . The company is one of the leading providers of professional, technical and construction services to industrial, commercial and government clients. It boasts of a wide network generating a considerable number of employment opportunities around the world.
Scopes of Improvement
Greater degree of industrialization in contemporary economies has enhanced the extent of construction activities. This, in turn, has been raising the demand for Jacobs’ services. The company also aims to improve its profitability with the help of strategic restructuring programs and cost-saving schemes.
Moreover, Jacobs, with its highly skilled workforce, tactically reduces operational costs through optimal utilization of resources. Also, of late, the company has been segregating its operating and reporting structure into four major business segments. This is being done in order to streamline operations more proficiently as well as nurture fresh growth opportunities in the near term.
Even so, Jacobs’ consistent attempt to underpin its business on the back of record backlog levels and strategic service-diversification plans is also expected to aid in boosting its financial fundamentals in the quarters ahead.
Bearish Aspects
Persistent weakness in the global energy sector and commodity prices has been weighing over Jacobs’ aggregate revenues. Moreover, constant appreciation of the U.S. dollar with respect to other major currencies, such as Euro and Yen, continues to hamper the company’s international trade.
Also, low-entry barriers in engineering, architectural, consulting and designing market segments have escalated threats of market rivalry for Jacobs. Poor competency or business inefficiencies in the long run might diminish the market share and profitability of Jacobs from such business fragments.
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Jacobs (JEC) Growth Prospects Bright Amid Major Headwinds
On Sep 12, 2016 we issued an updated research report on premium technical services company, Jacobs Engineering Group Inc. . The company is one of the leading providers of professional, technical and construction services to industrial, commercial and government clients. It boasts of a wide network generating a considerable number of employment opportunities around the world.
Scopes of Improvement
Greater degree of industrialization in contemporary economies has enhanced the extent of construction activities. This, in turn, has been raising the demand for Jacobs’ services. The company also aims to improve its profitability with the help of strategic restructuring programs and cost-saving schemes.
Moreover, Jacobs, with its highly skilled workforce, tactically reduces operational costs through optimal utilization of resources. Also, of late, the company has been segregating its operating and reporting structure into four major business segments. This is being done in order to streamline operations more proficiently as well as nurture fresh growth opportunities in the near term.
Even so, Jacobs’ consistent attempt to underpin its business on the back of record backlog levels and strategic service-diversification plans is also expected to aid in boosting its financial fundamentals in the quarters ahead.
Bearish Aspects
Persistent weakness in the global energy sector and commodity prices has been weighing over Jacobs’ aggregate revenues. Moreover, constant appreciation of the U.S. dollar with respect to other major currencies, such as Euro and Yen, continues to hamper the company’s international trade.
Also, low-entry barriers in engineering, architectural, consulting and designing market segments have escalated threats of market rivalry for Jacobs. Poor competency or business inefficiencies in the long run might diminish the market share and profitability of Jacobs from such business fragments.
Stocks to Consider
Jacobs currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks within the industry include Willdan Group, Inc. (WLDN - Free Report) , Boise Cascade Co. (BCC - Free Report) and Comfort Systems USA Inc. (FIX - Free Report) . All the three companies presently hold a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>