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NYSE:JBL

Jabil (JBL) Stock Price, News & Analysis

Jabil logo
$131.12 +0.48 (+0.37%)
(As of 11/22/2024 ET)

About Jabil Stock (NYSE:JBL)

Key Stats

Today's Range
$129.48
$131.51
50-Day Range
$105.72
$137.77
52-Week Range
$95.85
$156.94
Volume
1.57 million shs
Average Volume
1.44 million shs
Market Capitalization
$14.80 billion
P/E Ratio
11.90
Dividend Yield
0.24%
Price Target
$143.50
Consensus Rating
Moderate Buy

Company Overview

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.

Jabil Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
66th Percentile Overall Score

JBL MarketRank™: 

Jabil scored higher than 66% of companies evaluated by MarketBeat, and ranked 181st out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Jabil has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Jabil has only been the subject of 4 research reports in the past 90 days.

  • Read more about Jabil's stock forecast and price target.
  • Earnings Growth

    Earnings for Jabil are expected to grow by 14.67% in the coming year, from $7.84 to $8.99 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Jabil is 11.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Jabil is 11.90, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 261.31.

  • Price to Earnings Growth Ratio

    Jabil has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Jabil has a P/B Ratio of 8.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Jabil's valuation and earnings.
  • Percentage of Shares Shorted

    2.86% of the float of Jabil has been sold short.
  • Short Interest Ratio / Days to Cover

    Jabil has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Jabil has recently decreased by 18.68%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Jabil has a dividend yield of 0.25%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Jabil does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Jabil is 2.90%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Jabil will have a dividend payout ratio of 3.56% next year. This indicates that Jabil will be able to sustain or increase its dividend.

  • Read more about Jabil's dividend.
  • Percentage of Shares Shorted

    2.86% of the float of Jabil has been sold short.
  • Short Interest Ratio / Days to Cover

    Jabil has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Jabil has recently decreased by 18.68%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Jabil has a news sentiment score of 1.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Jabil this week, compared to 10 articles on an average week.
  • Search Interest

    Only 10 people have searched for JBL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Jabil to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Jabil insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,377,431.00 in company stock.

  • Percentage Held by Insiders

    Only 2.62% of the stock of Jabil is held by insiders.

  • Percentage Held by Institutions

    93.39% of the stock of Jabil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Jabil's insider trading history.
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JBL Stock News Headlines

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Jabil signs MoU with Gujarat state government
Jabil announces ID8 Global joint venture with Cyferd
See More Headlines

JBL Stock Analysis - Frequently Asked Questions

Jabil's stock was trading at $127.40 at the beginning of the year. Since then, JBL shares have increased by 2.9% and is now trading at $131.12.
View the best growth stocks for 2024 here
.

Jabil Inc. (NYSE:JBL) posted its quarterly earnings results on Thursday, September, 26th. The technology company reported $2.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.22 by $0.08. The business's quarterly revenue was down 17.7% on a year-over-year basis.

Jabil's Board of Directors approved a share buyback program 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 reacquire up to 15.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

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

Top institutional investors of Jabil include State Street Corp (4.57%), FMR LLC (4.53%), Primecap Management Co. CA (3.27%) and Geode Capital Management LLC (2.46%). Insiders that own company stock include Mark T Mondello, Thomas A Sansone, Kenneth S Wilson, Frederic E Mccoy, Steven A Raymund, Michael Dastoor, 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, Matthew Crowley, Michael J Loparco, Bruce Allan Johnson and Martha Brooks.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Jabil investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Salesforce (CRM), NVIDIA (NVDA), Meta Platforms (META), Manhattan Associates (MANH) and Broadcom (AVGO).

Company Calendar

Ex-Dividend for 9/4 Dividend
8/15/2024
Dividend Payable
9/04/2024
Last Earnings
9/26/2024
Ex-Dividend for 12/3 Dividend
11/15/2024
Today
11/22/2024
Dividend Payable
12/03/2024
Next Earnings (Estimated)
12/12/2024
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
CUSIP
46631310
Employees
138,000
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$143.50
High Stock Price Target
$161.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$1.39 billion
Pretax Margin
6.06%

Debt

Sales & Book Value

Annual Sales
$28.88 billion
Cash Flow
$15.87 per share
Book Value
$15.31 per share

Miscellaneous

Free Float
109,887,000
Market Cap
$14.80 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:JBL) was last updated on 11/22/2024 by MarketBeat.com Staff
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