Back to top
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Willdan Group, Inc. (WLDN) - $25 value - yours FREE >>
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.
Willdan Group, Inc. (WLDN) - $25 value - yours FREE >>
Image: Bigstock
Jacobs Secures Part in EDF Energy's New Nuclear Project
Jacobs Engineering Group Inc. recently proclaimed that it will provide project management services for EDF Energy’s Hinkley Point C nuclear power station project. The undisclosed value deal would strengthen Jacobs’ commercial bond with EDF Energy and drive its organic growth trajectory as well.
The aforementioned project of EDF Energy calls for the construction of a new power generation plant that would boost U.K.’s pocket-friendly, low carbon electricity supply in the near term. The newly-constructed Hinkley Point C nuclear power plant would support the country’s prospective future energy programs.
The plant would have a capability of generating roughly 3,200 megawatts of electricity, with secure and low content of carbon, for the next 60 years. The power plant is estimated to provide electricity to almost five million households in the U.K. As per the contract, Jacobs would be providing its premium project management services for both civil as well as construction work of the project.
Share Price and Zacks Rank
Share price of the company was $50.27 per share as of Sep 19, 2016. We expect the announcement to raise investors’ confidence in the stock.
JACOBS ENGIN GR Price
JACOBS ENGIN GR Price | JACOBS ENGIN GR Quote
Jacobs currently carries a Zacks Rank #3 (Hold). The company remains on track to boost its financials via new contracts, improved backlogs, greater operational efficiency and increased innovations. However, headwinds like strong U.S. dollar, robust industry competition and dismal pricing environment in the global mining and energy market raise concerns.
Stocks to Consider
Some better-ranked stocks within the industry include Willdan Group, Inc. (WLDN - Free Report) , Argan, Inc. (AGX - Free Report) and CRH plc (CRH - Free Report) . While Willdan Group currently hold a Zacks Rank #2 (Buy), both Argan and CRH sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank 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>>