Originally published on Best Stocks Category: best stocks to buy now According to The Fly, Royal Bank of Canada reportedly informed investors on Tuesday that it would be lowering its price objective for Jacobs Solutions (NYSE: J) from $155.00 to $150.00. The brokerage firm’s current recommendation for the stock is “outperform.” The price objective recommended by the Royal Bank of Canada represents a potential increase in the value of the stock by 22.63% in comparison to its current price.J has been the subject of inquiry in several other studies as well. On October 12th, StockNews.com published a research note that marked the beginning of the website’s coverage of Jacobs Solutions shares. They suggested that the organization make a “purchase” decision. In addition, Citigroup lowered their price target on Jacobs Solutions shares from $155.00 to $151.00 and gave the company a “buy” rating in a research report published on Tuesday, August 2nd. Last but not least, in a research note published on Tuesday, August 2nd, Credit Suisse Group lowered their price objective on Jacobs Solutions stock from $159.00 to $154.00 while maintaining their “outperform” rating on the company’s share price. As a result, two analysts recommend keeping the stock in one’s portfolio, while the remaining six recommend buying the stock. According to the data from Bloomberg, the average recommendation for the firm is currently “Moderate Buy,” and the target price is $157.00.J shares began trading on Tuesday for $122.32. The firm’s market capitalization is currently sitting at $15.61 billion, and it possesses a PE ratio of 34.36, a PEG ratio of 1.53, and a beta value of 0.88. Jacobs Solutions’s lowest price in the past year is $106.78, while its all-time high is $150.32. The current ratio is 1.43, and the quick ratio is also 1.43. The debt-to-equity ratio is 0.59. The moving average for the firm over the past 50 days is $116.10, and the moving average over the past 200 days is $124.65.On Monday, November 21st, Jacobs Solutions (NYSE: J) announced its earnings to the public. The company reported earnings per share for the quarter of $1.80, which was $0.03 higher than the consensus estimate of $1.77 among experts. The revenue for the quarter was $3.88 billion, which is significantly higher than the average expectation of $3.85 billion. The return on equity for Jacobs Solutions was 14.45 percent, and the company’s net margin was 3.16%. The rise in revenue from the previous year was 8.2% higher in the third quarter. The company posted earnings of $1.58 per share during the previous year. According to the findings of equity research analysts, Jacobs Solutions will generate earnings of $6.93 per share this year.On Friday, November 18th, Steven J. Demetriou, CEO of Jacobs Solutions, sold 51,130 shares of the company’s stock, as was reported in other news about Jacobs Solutions. At an average price of $125.10 per share, the stock was sold for a total of $6,396,363.00. Because of the transaction, the company’s CEO now has ownership of 631,447 shares, which are valued at a total of $78,994,019.70. You may learn more about the transaction through a legal filing submitted to the Securities and Exchange Commission, which can be located here. One percent of the corporation’s total shares are held privately by company insiders.J. Meeder Asset Management Inc., which just purchased a new position in Jacobs Solutions for around $138,000, saw its holdings in J. Meeder Asset Management Inc. altered by several institutional investors and hedge funds during the past few weeks. During the second quarter, CWM LLC boosted the percentage of Jacobs Solutions shares it owned by 32.1%. After making additional purchases totaling 379 shares over the most recent quarter, CWM LLC now holds 1,559 shares of the company’s stock worth $198,000. In addition, MetLife Investment Management LLC’s holdings in Jacobs Solutions saw a 22.1% increase during the first quarter due to the company’s purchases. After purchasing an additional 6,368 shares during the most recent quarter, MetLife Investment Management LLC now has 35,158 of the company’s shares, which they purchased for $4,845,000. In addition, Brown Advisory Inc. boosted the percentage of Jacobs Solutions stock owned by 0.8% during the first quarter. After making 132 additional stock purchases during the most recent quarter, Brown Advisory Inc. now holds 16,815 shares of the company’s stock, valued at $2,322,000.Last but not least, during the first three months of the year, Scotia Capital Inc. added 6.5% to its holdings in Jacobs Solutions. After purchasing an additional 373 shares during the most recent quarter, Scotia Capital Inc. now has 6,146 shares of the company’s stock, worth $847,000 in total. The stock is owned to 86.73% by institutional investors and hedge funds.The public and private sectors throughout the United States, Europe, Canada, India, the rest of Asia, Australia, New Zealand, South America, Mexico, the Middle East, and Africa are all served by Jacobs Solutions Inc.’s consulting, technical, scientific, and project management services. There are options for enterprise and mission IT, engineering and design, nuclear, enterprise-level operations and maintenance, artificial intelligence and automation, software development, digitally driven consulting, planning and architecture, program management, and other technical consulting.