Jacobs Solutions Experiences Significant Drop in Short Interest at Defense World
June 27, 2023
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Jacobs Solutions ($NYSE:J) Inc. is a defense contractor that specializes in providing innovative solutions for national security challenges. This decrease in short interest indicates that fewer investors are betting against the company and its stock performance. It has a strong presence in the U.S., Europe, Middle East, Asia, and Africa, and its products have been used by government agencies, military organizations, and private businesses. It also works closely with defense partners to develop customized solutions to meet specific customer needs.
Despite the recent decrease in short interest, the company’s stock value has continued to rise over the past several months and is currently performing well in the market. This significant drop in short interest could be a sign that investors are feeling confident about the company’s future prospects and its stock performance.
Stock Price
Jacobs Solutions stock opened at $114.9 and closed at $116.4, marking a 1.2% increase from its last closing price of 115.0. This decrease in short interest could be attributed to the company’s strong performance in the defense industry, as well as investors’ renewed faith in the company’s ability to deliver quality solutions for their defense needs. Jacobs Solutions continues to be a leader in the defense world, and the recent increase in share price suggests that investors are taking note of this fact. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jacobs Solutions. More…
| Total Revenues | Net Income | Net Margin |
| 15.59k | 773.35 | 5.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jacobs Solutions. More…
| Operations | Investing | Financing |
| 462.79 | -156.27 | -250.92 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jacobs Solutions. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15k | 7.91k | 48.82 |
Key Ratios Snapshot
Some of the financial key ratios for Jacobs Solutions are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.3% | 29.4% | 7.3% |
| FCF Margin | ROE | ROA |
| 2.0% | 11.4% | 4.8% |
Analysis
At GoodWhale, we have conducted an extensive analysis of JACOBS SOLUTIONS‘ fundamentals. Our Star Chart analysis found that the company is strong in asset and dividend, and medium in growth and profitability. Additionally, JACOBS SOLUTIONS’ Health Score is 8/10, indicating that it is able to pay off debt and fund future operations. Based on this information, JACOBS SOLUTIONS is classified as a ‘rhino’, or a company that has achieved moderate revenue or earnings growth. Given this information, investors who are looking for a medium-growth company with strong assets and dividend may be interested in JACOBS SOLUTIONS. Those looking for a high-growth company should look elsewhere, as JACOBS SOLUTIONS is not expected to exhibit rapid growth. However, its strong assets and dividend make it an attractive investment for more conservative investors. More…
Peers
In the engineering services industry, Jacobs Engineering Group Inc. competes against a number of companies, including Baran Group Ltd, Henan Communications Planning and Design Institute Co Ltd, and Mold-Tek Technologies Ltd. While each company has its own strengths and weaknesses, Jacobs Engineering Group Inc. has been able to maintain a competitive advantage through its focus on innovation and customer service.
– Baran Group Ltd ($OTCPK:BRANF)
Baran Group Ltd is a diversified holding company with interests in a range of businesses, including real estate, construction, hospitality, and healthcare. The company has a market capitalization of 58.73 million as of 2022 and a return on equity of 4.03%. The company’s real estate portfolio includes residential and commercial properties in the United States, Europe, and Asia. The company’s construction business focuses on the construction of high-end residential and commercial properties. The company’s hospitality business operates a portfolio of luxury hotels and resorts. The company’s healthcare business provides healthcare services to a network of hospitals and clinics.
– Henan Communications Planning and Design Institute Co Ltd ($SZSE:300732)
The company provides engineering consulting and design services in the telecommunications industry in China. As of 2022, it had a market capitalization of $3.02 billion and a return on equity of 9.33%.
– Mold-Tek Technologies Ltd ($BSE:526263)
Mold-Tek Technologies is an Indian company that specializes in injection molding and mold making. It is headquartered in Hyderabad, Telangana. The company has a market cap of 2.61B as of 2022 and a return on equity of 15.67%. Mold-Tek was founded in 1976 and has since grown to become one of the leading providers of injection molding and mold making services in India. The company has a strong presence in the automotive, consumer goods, and electronics industries.
Summary
Jacobs Solutions Inc. recently reported a significant decrease in short interest in its common stock. This indicates that investors have become less bearish on the company and its stock. Analyst opinions have also been improving, with several upgrading their ratings on the stock. These trends indicate that investor sentiment towards Jacobs Solutions Inc. has become increasingly positive, which could lead to further gains in the stock price.
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