Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL - Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $8.95 for the period, compared to the consensus earnings per share estimate of $8.74. The company issued revenue guidance of ~$27.9 billion, compared to the consensus revenue estimate of $27.31 billion. Jabil also updated its FY 2025 guidance to 8.950-8.950 EPS.

Jabil Trading Up 3.2 %

Shares of Jabil stock traded up $4.67 on Monday, hitting $149.89. The stock had a trading volume of 1,477,887 shares, compared to its average volume of 1,392,336. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 1.81. Jabil has a one year low of $95.85 and a one year high of $174.80. The stock's 50-day simple moving average is $155.89 and its two-hundred day simple moving average is $138.73. The stock has a market cap of $16.36 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 1.65 and a beta of 1.19.

Jabil (NYSE:JBL - Get Free Report) last announced its quarterly earnings results on Thursday, March 20th. The technology company reported $1.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.11. The business had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.40 billion. Jabil had a net margin of 4.71% and a return on equity of 41.87%. The company's revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $1.68 EPS. As a group, sell-side analysts predict that Jabil will post 8.05 EPS for the current year.

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Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.21%. The ex-dividend date of this dividend was Tuesday, February 18th. Jabil's payout ratio is 3.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays boosted their target price on Jabil from $179.00 to $184.00 and gave the company an "overweight" rating in a research note on Friday. StockNews.com raised shares of Jabil from a "hold" rating to a "buy" rating in a research report on Friday. Stifel Nicolaus reaffirmed a "buy" rating and issued a $160.00 target price (up from $150.00) on shares of Jabil in a research report on Thursday, December 19th. UBS Group boosted their price target on shares of Jabil from $152.00 to $157.00 and gave the company a "neutral" rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Jabil from $172.00 to $175.00 and gave the stock an "overweight" rating in a report on Friday. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $167.50.

Insider Buying and Selling

In other Jabil news, EVP Frederic E. Mccoy sold 4,000 shares of the company's stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $149.81, for a total value of $599,240.00. Following the sale, the executive vice president now owns 138,472 shares in the company, valued at approximately $20,744,490.32. This represents a 2.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christopher S. Holland sold 3,400 shares of Jabil stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $162.27, for a total transaction of $551,718.00. Following the transaction, the director now owns 12,900 shares of the company's stock, valued at $2,093,283. The trade was a 20.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,400 shares of company stock worth $12,804,458 in the last three months. 1.73% of the stock is owned by corporate insiders.

About Jabil

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).