Jacobs Solutions Inc
J: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|PL | LOCK|l? | LOCK|!b^%<L |
Jacobs Solutions Earnings: Strong Backlog Growth and Margin Expansion
We are raising our fair value estimate for Jacobs Solutions to $127 from $124 after the company posted solid fiscal first-quarter results, featuring a 24% year-over-year increase in adjusted EBITDA. Management raised the bottom end of its full-year outlook by a nickel and now anticipates fiscal 2025 adjusted EPS of $5.85 to $6.20, mostly due to a lower expected share count.
