Jacobs Solutions Inc
J: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!% | LOCK|r# | LOCK|r@JT$K# |
Jacobs Earnings: We Expect Strong Backlog to Drive Solid Growth Heading Into Fiscal 2025
Jacobs ended its fiscal 2024 with a solid fourth quarter, as its adjusted EBITDA increased by 12.5% year over year to $289 million. After rolling our model forward one year, we’ve raised our fair value estimate to $124 from $121, which reflects our slightly more optimistic revenue growth projections and time value of money.
