Jacobs Engineering Group Stock Hits New 52-Week High (JEC)
Jacobs Engineering Group (NYSE:JEC) hit a new 52-week high Thursday as it is currently trading at $52.99, above its previous 52-week high of $52.98 with 608,211 shares traded as of 2:39 p.m. ET. Average volume has been 888,600 shares over the past 30 days.
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 Thursday as it is currently trading at $52.99, above its previous 52-week high of $52.98 with 608,211 shares traded as of 2:39 p.m. ET. Average volume has been 888,600 shares over the past 30 days. Jacobs Engineering Group has a market cap of $6.78 billion and is part of the services sector and diversified services industry. Shares are up 23.2% year to date as of the close of trading on Wednesday. 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 17.3, 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 increase in stock price during the past year, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. 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. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.