We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 Secures Landmark Project to Upgrade New York Roads & Bridges
Read MoreHide Full Article
Key Takeaways
Jacobs assigned all architectural design work for NYSDOT's Hudson Valley region.
The project covers 6,000 miles of roads and 1,000+ bridges, improving safety and connectivity.
J stock up 17.5% in the past three months, backed by strong wins in transportation, water and energy projects.
Jacobs Solutions Inc. (J - Free Report) recently won a significant contract to provide comprehensive design services for the New York State Department of Transportation’s (NYSDOT) Region 8, covering the lower Hudson Valley region. This region comprises Westchester, Ulster, Rockland, Putnam, Orange, Dutchess, and Columbia counties. These services will include replacing and/or repairing bridges and highways to make them safer and better connected with the north of New York City.
Modernizing highways and bridges would enhance vital infrastructure for commuters. The project is expected to significantly enhance Jacobs’ infrastructure portfolio and positively impact its stock performance.
Shares of Jacobs gained 0.5% yesterday after hours.
Comprehensive Understanding of Jacobs’ New Project
Along with designing services, Jacobs will also assist NYSDOT's Region 8 regarding critical safety issues that stretch through nearly 6,000 miles of state highway network and more than 1,000 bridges. This additional work scope includes major upgrades to improve traffic management and reduce congestion, along with the integration of smart transportation technologies to streamline operations and enhance the passenger experience.
Besides this, Jacobs is also engaged in developing a new Cyber and Engineering Academic Center, teamed up with the United States Military Academy at West Point. This project is expected to be completed by the end of 2025.
Transportation infrastructure serves as the backbone of economic and community well-being. Jacobs’ leadership in this transformative program reflects its global expertise and dedication to delivering innovative, future-ready solutions. By combining safety-focused upgrades with smart infrastructure solutions, the company will help New York build a more resilient, sustainable and connected transportation network that strengthens both economic vitality and community well-being.
Jacobs’ Backlog Strength Supports Growth Trend
Jacobs’ efficient project execution has increased the demand for its consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The company’s ongoing contract wins are a testimony to the fact.
In third-quarter 2025, Jacobs secured major projects such as the modernization of the Little Miami Wastewater Treatment Facility in Cincinnati, which will create renewable energy through biosolids reuse; a digital transformation engagement with Dallas Fort Worth International Airport to enhance operational efficiency; and a role in Australia’s Marinus Link project, a 345-kilometer electricity interconnector delivering 1,500 megawatts of capacity.
At the end of the third quarter 2025, consolidated backlog reached a new high of $22.7 billion, up 14.3% from the previous year, with a trailing 12-month book-to-bill ratio of 1.2x. A solid quarter for bookings is reflected in the 14% year-over-year growth in gross profit in backlog, which is a favorable indicator of the company's standing for the near and long term.
Jacobs’ stock has gained 17.8% in the past three months, outperforming the Zacks Technology Services industry’s 13.1% growth. Despite the ongoing global market uncertainties, the company is expected to continue benefiting from strong trends in infrastructure modernization, energy transition and national security backed by government initiatives.
APi Group presently sports a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 4.3%, on average. APi Group stock has rallied 49.2% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for APi Group’s 2025 sales and earnings per share (EPS) indicates growth of 9.4% and 15.5%, respectively, from the year-ago period’s levels.
AppLovin sports a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 22.4%, on average. AppLovin stock has jumped 32.6% year to date.
The Zacks Consensus Estimate for AppLovin’s 2025 sales and EPS indicates growth of 16.7% and 97.6%, respectively, from the prior-year levels.
Coherent flaunts a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 16.6%, on average. Coherent stock has tumbled 5.5% year to date.
The Zacks Consensus Estimate for Coherent’s 2025 sales and EPS indicates growth of 9% and 28.9%, respectively, from the prior-year levels.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Jacobs Secures Landmark Project to Upgrade New York Roads & Bridges
Key Takeaways
Jacobs Solutions Inc. (J - Free Report) recently won a significant contract to provide comprehensive design services for the New York State Department of Transportation’s (NYSDOT) Region 8, covering the lower Hudson Valley region. This region comprises Westchester, Ulster, Rockland, Putnam, Orange, Dutchess, and Columbia counties. These services will include replacing and/or repairing bridges and highways to make them safer and better connected with the north of New York City.
Modernizing highways and bridges would enhance vital infrastructure for commuters. The project is expected to significantly enhance Jacobs’ infrastructure portfolio and positively impact its stock performance.
Shares of Jacobs gained 0.5% yesterday after hours.
Comprehensive Understanding of Jacobs’ New Project
Along with designing services, Jacobs will also assist NYSDOT's Region 8 regarding critical safety issues that stretch through nearly 6,000 miles of state highway network and more than 1,000 bridges. This additional work scope includes major upgrades to improve traffic management and reduce congestion, along with the integration of smart transportation technologies to streamline operations and enhance the passenger experience.
Besides this, Jacobs is also engaged in developing a new Cyber and Engineering Academic Center, teamed up with the United States Military Academy at West Point. This project is expected to be completed by the end of 2025.
Transportation infrastructure serves as the backbone of economic and community well-being. Jacobs’ leadership in this transformative program reflects its global expertise and dedication to delivering innovative, future-ready solutions. By combining safety-focused upgrades with smart infrastructure solutions, the company will help New York build a more resilient, sustainable and connected transportation network that strengthens both economic vitality and community well-being.
Jacobs’ Backlog Strength Supports Growth Trend
Jacobs’ efficient project execution has increased the demand for its consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The company’s ongoing contract wins are a testimony to the fact.
In third-quarter 2025, Jacobs secured major projects such as the modernization of the Little Miami Wastewater Treatment Facility in Cincinnati, which will create renewable energy through biosolids reuse; a digital transformation engagement with Dallas Fort Worth International Airport to enhance operational efficiency; and a role in Australia’s Marinus Link project, a 345-kilometer electricity interconnector delivering 1,500 megawatts of capacity.
At the end of the third quarter 2025, consolidated backlog reached a new high of $22.7 billion, up 14.3% from the previous year, with a trailing 12-month book-to-bill ratio of 1.2x. A solid quarter for bookings is reflected in the 14% year-over-year growth in gross profit in backlog, which is a favorable indicator of the company's standing for the near and long term.
Jacobs’ stock has gained 17.8% in the past three months, outperforming the Zacks Technology Services industry’s 13.1% growth. Despite the ongoing global market uncertainties, the company is expected to continue benefiting from strong trends in infrastructure modernization, energy transition and national security backed by government initiatives.
Image Source: Zacks Investment Research
J’s Zacks Rank & Key Picks
Jacobs currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the Business-Services sector are APi Group Corporation (APG - Free Report) , AppLovin Corporation (APP - Free Report) and Coherent Corp. (COHR - Free Report) .
APi Group presently sports a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 4.3%, on average. APi Group stock has rallied 49.2% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for APi Group’s 2025 sales and earnings per share (EPS) indicates growth of 9.4% and 15.5%, respectively, from the year-ago period’s levels.
AppLovin sports a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 22.4%, on average. AppLovin stock has jumped 32.6% year to date.
The Zacks Consensus Estimate for AppLovin’s 2025 sales and EPS indicates growth of 16.7% and 97.6%, respectively, from the prior-year levels.
Coherent flaunts a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 16.6%, on average. Coherent stock has tumbled 5.5% year to date.
The Zacks Consensus Estimate for Coherent’s 2025 sales and EPS indicates growth of 9% and 28.9%, respectively, from the prior-year levels.