Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL - Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $8.75 for the period, compared to the consensus estimate of $8.69. The company issued revenue guidance of $27.30 billion, compared to the consensus revenue estimate of $27.03 billion. Jabil also updated its FY 2025 guidance to 8.750-8.750 EPS.

Wall Street Analyst Weigh In

Several brokerages have weighed in on JBL. StockNews.com upgraded Jabil from a "buy" rating to a "strong-buy" rating in a report on Wednesday, November 27th. Bank of America raised their price objective on Jabil from $135.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, September 27th. JPMorgan Chase & Co. decreased their target price on Jabil from $137.00 to $133.00 and set an "overweight" rating for the company in a report on Tuesday, September 3rd. Stifel Nicolaus increased 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, The Goldman Sachs Group lifted their price target on shares of Jabil from $136.00 to $145.00 and gave the company a "buy" rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $142.50.

Jabil Stock Performance

Jabil stock traded up $9.73 during midday trading on Wednesday, reaching $143.69. 4,758,799 shares of the stock traded hands, compared to its average volume of 1,429,522. The firm has a fifty day moving average price of $130.37 and a two-hundred day moving average price of $117.96. Jabil has a fifty-two week low of $95.85 and a fifty-two week high of $156.94. The firm has a market cap of $16.05 billion, a price-to-earnings ratio of 13.04, a PEG ratio of 1.57 and a beta of 1.25. The company has a current ratio of 1.09, a quick ratio of 0.72 and a debt-to-equity ratio of 1.66.

Jabil (NYSE:JBL - Get Free Report) last issued its quarterly earnings data 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. Jabil had a return on equity of 42.64% and a net margin of 4.81%. The business had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.61 billion. During the same period in the prior year, the company posted $2.60 EPS. The business's revenue for the quarter was down 16.6% compared to the same quarter last year. On average, equities research analysts forecast that Jabil will post 7.89 earnings per share for the current year.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.32 annualized dividend and a yield of 0.22%. Jabil's dividend payout ratio is currently 2.90%.

Insider Activity

In other Jabil news, SVP Francis Mckay sold 11,755 shares of the business's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $121.71, for a total transaction of $1,430,701.05. Following the sale, the senior vice president now owns 41,507 shares in the company, valued at approximately $5,051,816.97. The trade was a 22.07 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Matthew Crowley sold 1,380 shares of the company's stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $125.83, for a total transaction of $173,645.40. Following the sale, the executive vice president now directly owns 18,568 shares of the company's stock, valued at $2,336,411.44. This represents a 6.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,689 shares of company stock worth $5,377,431. Corporate insiders own 1.73% of the company's stock.

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).