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NYSE:JBL

Jabil (JBL) Stock Price, News & Analysis

$101.04
-1.55 (-1.51%)
(As of 09/6/2024 ET)
Today's Range
$100.17
$103.24
50-Day Range
$97.55
$118.08
52-Week Range
$95.85
$156.94
Volume
1.28 million shs
Average Volume
1.44 million shs
Market Capitalization
$11.46 billion
P/E Ratio
9.19
Dividend Yield
0.32%
Price Target
$141.13

Jabil MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
39.7% Upside
$141.13 Price Target
Short Interest
Healthy
4.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Jabil in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$645,754 Sold Last Quarter
Proj. Earnings Growth
7.25%
From $7.86 to $8.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

Computer And Technology Sector

189th out of 594 stocks

Printed Circuit Boards Industry

4th out of 11 stocks

JBL stock logo

About Jabil Stock (NYSE:JBL)

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). It also provides three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.

JBL Stock Price History

JBL Stock News Headlines

Jabil (NYSE:JBL) Price Target Cut to $133.00
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Jabil Inc (JBL.SG)
Jabil (JBL) Stock Moves -0.24%: What You Should Know
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
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JBL Oct 2024 160.000 put
JBL Jun 2025 150.000 call
Ex-Dividend Reminder: Cognex, KLAC and Jabil
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This Is What Whales Are Betting On Jabil
See More Headlines
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Company Calendar

Last Earnings
6/20/2024
Ex-Dividend for 9/4 Dividend
8/15/2024
Dividend Payable
9/04/2024
Today
9/07/2024
Next Earnings (Estimated)
9/26/2024
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
CUSIP
46631310
Employees
236,000
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$141.13
High Stock Price Target
$161.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+39.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$818 million
Pretax Margin
6.15%

Debt

Sales & Book Value

Annual Sales
$30.38 billion
Cash Flow
$14.13 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
110,473,000
Market Cap
$11.46 billion
Optionable
Optionable
Beta
1.25

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Should I Buy Jabil Stock? JBL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Jabil Inc.:

  • Jabil Inc. has shown consistent revenue growth over the past year, indicating a strong financial performance.
  • The company recently announced a strategic partnership with a major tech firm, which is expected to boost its market presence and revenue.
  • Jabil Inc. has a strong balance sheet with low debt levels, providing financial stability and flexibility for future growth initiatives.
  • Recent analyst reports have upgraded the stock rating for Jabil Inc., indicating positive sentiment and potential upside for investors.
  • The current stock price of Jabil Inc. is trading at a discount compared to its industry peers, presenting a value investment opportunity.

Cons

Investors should be bearish about investing in Jabil Inc. for these reasons:

  • Despite recent growth, Jabil Inc. operates in a highly competitive industry with constant technological advancements, posing a risk to its market position.
  • The company's profitability margins have been fluctuating due to external factors, which could impact future earnings and shareholder returns.
  • Jabil Inc. is exposed to supply chain disruptions and geopolitical risks, which could affect its production capabilities and revenue streams.
  • Market volatility and economic uncertainties may impact the stock price of Jabil Inc., leading to potential short-term fluctuations in value.
  • Investors should closely monitor macroeconomic indicators and industry trends to assess the long-term growth prospects of Jabil Inc. before making investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Jabil pros and cons to contact@marketbeat.com.

JBL Stock Analysis - Frequently Asked Questions

How have JBL shares performed this year?

Jabil's stock was trading at $127.40 at the start of the year. Since then, JBL stock has decreased by 20.7% and is now trading at $101.04.
View the best growth stocks for 2024 here
.

How were Jabil's earnings last quarter?

Jabil Inc. (NYSE:JBL) released its quarterly earnings results on Thursday, June, 20th. The technology company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.85 by $0.04. The business's revenue for the quarter was down 20.2% compared to the same quarter last year.

Is Jabil doing a stock buyback?

Jabil's board authorized a stock buyback plan on Thursday, September 28th 2023, which authorizes the company to buy back $2,500,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 15.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.

What is Mark Mondello's approval rating as Jabil's CEO?

493 employees have rated Jabil Chief Executive Officer Mark Mondello on Glassdoor.com. Mark Mondello has an approval rating of 94% among the company's employees. This puts Mark Mondello in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Jabil have any subsidiaries?

Jabil subsidiaries include Ecologic Brands, TrueTech, Kuatro Technologies, Inala, Shemer Group, Kasalis, Clothing+, and more.

Who are Jabil's major shareholders?

Jabil's top institutional shareholders include Primecap Management Co. CA (3.25%), LSV Asset Management (2.15%), Dimensional Fund Advisors LP (1.44%) and Bank of New York Mellon Corp (1.22%). Insiders that own company stock include Mark T Mondello, Thomas A Sansone, Kenneth S Wilson, Steven A Raymund, Michael Dastoor, Frederic E Mccoy, Steven D Borges, Robert L Katz, David M Stout, Gerald Creadon, Francis Mckay, Daryn G Smith, Anousheh Ansari, Roberto Ferri, May Yee Yap, Kristine Melachrino, Christopher S Holland, Martha Brooks, Bruce Allan Johnson and Michael J Loparco.
View institutional ownership trends
.

How do I buy shares of Jabil?

Shares of JBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Jabil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Jabil investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and AT&T (T).

This page (NYSE:JBL) was last updated on 9/7/2024 by MarketBeat.com Staff

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