Jacobs Wins a $137M Contract for the Rebuild USVI Initiative

Jacobs Solutions Inc. J has been selected to offer program management services by the Virgin Islands Public Finance Authority for the "Rebuild USVI" initiative.Jacobs' track record of efficiently and seamlessly fulfilling projects surrounding critical infrastructure rebuilding following severe weather events paves the path for this new contract win.Jacobs’ Responsibilities for the New ProjectSimultaneously working with the U.S. Virgin Islands' Super Project Management Office, Jacobs will be working on critical infrastructure projects, including hospitals, schools, transit corridors, power, water and wastewater utilities. The company will also offer advisory and consulting services, including areas of future project planning, environmental management, logistics, supply chain and workforce challenges.This three-year contract from the Virgin Islands Public Finance Authority holds a value of $137 million.Jacobs’ Backlog Strength Supporting Its Growth TrendJacobs’ efficient project execution has increased the demand for its consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The company’s ongoing contract wins are a testimony to the fact.At the fiscal first-quarter 2025-end, the backlog of $21.8 billion was up 18.9% from $18.35 billion on a year-over-year basis. The uptrend was primarily driven by strong project wins, especially across its key end markets, including Water and Environmental, Life Sciences and Advanced Manufacturing, and Critical Infrastructure. With strong new sales and potential business prospects, Jacobs expects a positive outlook for many of the industry groups and sectors in which its clients operate.Image Source: Zacks Investment ResearchJ stock has trended down 12% year to date compared to the Zacks Technology Services industry’s 26.3% decline. Despite the ongoing global market uncertainties, the company is expected to continue benefiting from strong trends in infrastructure modernization, energy transition and national security in the upcoming period.J’s Zacks Rank & Other Key PicksJacobs currently carries a Zacks Rank #2 (Buy).Here are other top-ranked stocks from the Business Services sector.Sezzle, Inc. SEZL presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The company has a trailing four-quarter earnings surprise of 142.4%, on average. The stock has inched down 0.4% year to date. The Zacks Consensus Estimate for Sezzle’s 2025 sales and earnings per share (EPS) indicates growth of 30.4% and 20.1%, respectively, from the year-ago period’s levels.Willdan Group, Inc. WLDN currently sports a Zacks Rank of 1. The company delivered a trailing four-quarter earnings surprise of 66.1%, on average. The stock has inched up 2% year to date.The Zacks Consensus Estimate for Willdan’s 2025 sales indicates a decline of 42.8% while the EPS indicates growth of 13.2%, from the prior-year levels.Stantec Inc. STN currently sports a Zacks Rank of 1. The company delivered a trailing four-quarter earnings surprise of 6.9%, on average. The stock has gained 10.4% year to date.The Zacks Consensus Estimate for Stantec’s 2025 sales and EPS indicates growth of 6.1% and 12.4%, respectively, from the prior-year levels.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stantec Inc. (STN): Free Stock Analysis Report Willdan Group, Inc. (WLDN): Free Stock Analysis Report Jacobs Solutions Inc. (J): Free Stock Analysis Report Sezzle Inc. (SEZL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks