Jacobs Engineering: 1Q Margin Strength and Backlog Growth. CH2M Acquisition Closes. We Raise FVE.
We plan to raise our $56 fair value estimate by $4-$6 following constructive fiscal first-quarter results, mainly to reflect our expectations of stronger future demand and margins as well as benefits from U.S. tax reform. We believe lower tax rates, regulatory reforms, and repatriation incentives will together lead to greater discretionary capital spending for a broad range of customer project work.ÂOrganic growth has proven elusive for the past few years, though nascent signs of stability and...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.