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

Zacks
04-16

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 Project

Simultaneously 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 Trend

Jacobs’ 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.


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J 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 Picks

Jacobs 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.













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This article originally published on Zacks Investment Research (zacks.com).

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