Back to top

Analyst Blog

Jacobs Engineering Group Inc. (JEC - Analyst Report), a construction services provider, recently increased the count of its contract awarded in the year 2013, by receiving two contracts on the same day.

Jacobs received its first contract from Sanofi Pasteur, the vaccine wing of Sanofi S.A. (SNY - Analyst Report). Sanofi S.A., based in France, which is one of the largest pharmaceutical companies in the world. Sanofi Pasteur produces more than one billion doses of vaccine each year, saving lives against more than 20 diseases.

Per the contract, Jacobs is required to provide engineering services to Sanofi’s Flu Vaccine Facility in Ocoyoacac, Mexico. The value of the contract remains undisclosed.

Jacobs was also selected as one of the panel members by Australian gas producer, Santos. The contract relates to Santos’ Eastern Australia Business Unit (EABU). The duration as well as value of this contract are still undisclosed.

Per the contract, Jacobs will provide engineering, design and project management services for the oil and gas assets of Santos, in the central and east coast regions of Australia. Jacobs will carry out its operations from its offices in Adelaide, Melbourne and Brisbane.

There has been a long standing association of Jacobs with Sanofi as well as Santos. These contracts evidently show the satisfaction these two companies derived from Jacobs’ services. It is believed that both the above contracts will help Jacobs extend its reach in regions outside the U.S. and give the company an edge over others.     

Jacobs currently carries a Zacks Rank #2 (Buy). Other stocks worth a look in the services industry are AECOM Technology Corporation (ACM - Analyst Report), and Mistras Group Inc. (MG - Snapshot Report); both carrying a Zacks Rank #2 (Buy) as well.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

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 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
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%