On May 6, 2016, we issued an updated research report on premium technical services company Jacobs Engineering Group Inc. JEC. The company is one of the leading providers of professional, technical and construction services to industrial, commercial and government clients. The company boasts a wide network that generates a considerable number of employment opportunities around the world.Scopes of Improvement Increased industrialization across the globe has heightened the need for of construction activities. This, in turn, has translated to higher demand for Jacobs’ services. Moreover, the company aims improve its business on the back of its highly skilled workforce, record backlog levels, optimal utilization of resources, strategic restructuring programs and tactical cost-saving schemes. The company recently segregated its operating and reporting structure into four major business segments to offer superior quality services to global clients, leverage workplace, streamline operations and nurture new growth opportunities in business. In addition, Jacobs remains on track with its organic growth path by signing several lucrative business contracts. Bearish Outcomes The company’s international revenues and margins are being adversely affected by the appreciation of the U.S. dollar. Moreover, persistent weakness in global energy and commodity prices are negatively affecting the sales of the company’s Petroleum & Chemicals, Aerospace & Technology and Buildings & Infrastructure segments. Also, stiff competition exposes the company to risks of market share loss.Other Stocks to ConsiderJacobs presently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same industry include AECOM ACM, On Assignment Inc. ASGN and CBIZ, Inc. CBZ. All the companies currently hold a Zacks Rank #2 (Buy).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 >>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 JACOBS ENGIN GR (JEC): Free Stock Analysis Report AECOM TECH CORP (ACM): Free Stock Analysis Report ON ASSIGNMENT (ASGN): Free Stock Analysis Report CBIZ INC (CBZ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research