Jabil (NYSE:JBL - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 8.750-8.750 for the period, compared to the consensus earnings per share estimate of 8.690. The company issued revenue guidance of $27.3 billion-$27.3 billion, compared to the consensus revenue estimate of $27.0 billion. Jabil also updated its FY25 guidance to $8.75 EPS.
Analyst Ratings Changes
Several equities analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on Jabil from $136.00 to $145.00 and gave the company a "buy" rating in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on Jabil from $137.00 to $133.00 and set an "overweight" rating for the company in a research note on Tuesday, September 3rd. Bank of America increased their price objective on shares of Jabil from $135.00 to $150.00 and gave the company a "buy" rating in a research note on Friday, September 27th. Stifel Nicolaus lifted their target price on shares of Jabil from $140.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Finally, StockNews.com raised shares of Jabil from a "buy" rating to a "strong-buy" rating in a report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $142.50.
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Jabil Trading Up 7.3 %
NYSE:JBL traded up $9.73 on Wednesday, reaching $143.69. The stock had a trading volume of 4,758,799 shares, compared to its average volume of 1,429,522. The company has a market cap of $16.05 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 1.57 and a beta of 1.25. Jabil has a 12-month low of $95.85 and a 12-month high of $156.94. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.72. The firm's fifty day moving average is $129.98 and its two-hundred day moving average is $117.78.
Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, December 18th. The technology company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.88 by $0.12. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.61 billion. Jabil had a net margin of 4.81% and a return on equity of 42.64%. Jabil's revenue was down 16.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.60 earnings per share. Equities analysts expect that Jabil will post 7.89 EPS for the current fiscal year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 15th were given a dividend of $0.08 per share. The ex-dividend date was Friday, November 15th. This represents a $0.32 annualized dividend and a yield of 0.22%. Jabil's dividend payout ratio (DPR) is presently 2.90%.
Insider Buying and Selling at Jabil
In other news, Director Steven A. Raymund sold 20,000 shares of the firm's stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $124.70, for a total value of $2,494,000.00. Following the transaction, the director now owns 139,108 shares of the company's stock, valued at approximately $17,346,767.60. This trade represents a 12.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Frederic E. Mccoy sold 4,000 shares of the company's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $118.70, for a total transaction of $474,800.00. Following the sale, the executive vice president now directly owns 108,753 shares of the company's stock, valued at approximately $12,908,981.10. This trade represents a 3.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 43,689 shares of company stock worth $5,377,431 in the last 90 days. 1.73% of the stock is owned by company insiders.
About Jabil
(
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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).
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