Jacobs Engineering Group Stock Hits New 52-Week High (JEC)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Jacobs Engineering Group (NYSE: JEC) hit a new 52-week high Wednesday as it is currently trading at $50.50, above its previous 52-week high of $50.48 with 369,198 shares traded as of 12:45 p.m. ET. Average volume has been 853,600 shares over the past 30 days.

Jacobs Engineering Group has a market cap of $6.29 billion and is part of the services sector and diversified services industry. Shares are up 17.5% year to date as of the close of trading on Tuesday.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Jacobs Engineering Group as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Jacobs Engineering Group Ratings Report.

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