Jacobs Engineering Group Reaches New 52-Week High (JEC)
Jacobs Engineering Group (NYSE:JEC) hit a new 52-week high Thursday as it is currently trading at $56.67, above its previous 52-week high of $56.59 with 101,130 shares traded as of 10:15 a.m. ET. Average volume has been one million 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 $56.67, above its previous 52-week high of $56.59 with 101,130 shares traded as of 10:15 a.m. ET. Average volume has been one million shares over the past 30 days. Jacobs Engineering Group has a market cap of $7.38 billion and is part of the services sector and diversified services industry. Shares are up 32.6% 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 17.9, above 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 solid stock price performance, 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 shows low profit margins. 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. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.