Reported about 8 hours ago
Jacobs Solutions Inc. (J) has emerged as a strong player in engineering and consulting after separating from defense operations. The company boasts a robust operating model, with a significant portion of its contracts being cost-reimbursable, which enhances earnings visibility. In fiscal year 2023, Jacobs saw a gross profit increase to $2.71 billion, supported by reliable federal contracts and a low employee turnover rate. With innovative tools for project execution and a focus on sustainability trends, Jacobs represents a compelling investment profile despite not being among the top 30 hedge fund stocks.
Source: YAHOO