Jabil (JBL) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $111.20 to $114.39
• 50-Day Range: $97.55 to $118.08
• 52-Week Range: $95.85 to $156.94
• Volume: 5.78 million shs
• Average Volume: 1.48 million shs
• Market Capitalization: $12.93 billion
• P/E Ratio: 10.37
• Dividend Yield: 0.28%
• Price Target: $139.88
• Consensus Rating: Moderate Buy

Jabil Stock Analysis - MarketRank™

Jabil scored higher than 77% of companies evaluated by MarketBeat, and ranked 262nd out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Jabil has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, 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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.22%

Earnings Growth

Earnings for Jabil are expected to grow by 5.22% in the coming year, from $7.86 to $8.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Jabil is 10.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Jabil is 10.37, 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 249.53.

Price to Earnings Growth Ratio

Jabil has a PEG Ratio of 1.75. 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 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.03% 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 2.8, 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 13.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Jabil has a dividend yield of 0.30%, 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 2.91%. 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 3.87% next year. This indicates that Jabil will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.03% 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 2.8, 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 13.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.55

News Sentiment

Jabil has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Jabil this week, compared to 10 articles on an average week.

Search Interest

8 people have searched for JBL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Jabil to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $645,754.00 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.

JBL Stock Analysis - Frequently Asked Questions

How have JBL shares performed this year?

Jabil's stock was trading at $127.40 on January 1st, 2024. Since then, JBL shares have decreased by 10.5% and is now trading at $113.96.
View the best growth stocks for 2024 here.

How were Jabil's earnings last quarter?

Jabil Inc. (NYSE:JBL) posted its quarterly earnings data 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 company'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 of Directors initiated a share buyback program on Thursday, September 28th 2023, which authorizes the company to repurchase $2,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 15.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Does Jabil have any subsidiaries?

Jabil subsidiaries include these companies: 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).

Company Calendar

• Last Earnings: 6/20/2024
• Ex-Dividend for 9/4 Dividend: 8/15/2024
• Dividend Payable: 9/04/2024
• Today: 9/22/2024
• Next Earnings (Confirmed): 9/26/2024
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Printed circuit boards
• Sub-Industry: Electronic Manufacturing Services
• Current Symbol: NYSE:JBL
• CUSIP: 46631310
• CIK: 898293
• Web: www.jabil.com
• Phone: (727) 577-9749
• Fax: 727-579-8529
• Employees: 236,000
• Year Founded: 1966

Price Target and Rating

• Average Stock Price Target: $139.88
• High Stock Price Target: $161.00
• Low Stock Price Target: $120.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.99
• Trailing P/E Ratio: 10.37
• Forward P/E Ratio: 14.50
• P/E Growth: 1.75
• Net Income: $818 million
• Net Margins: 4.63%
• Pretax Margin: 6.15%
• Return on Equity: 40.30%
• Return on Assets: 5.67%

Debt

• Debt-to-Equity Ratio: 1.26
• Current Ratio: 1.13
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $30.38 billion
• Price / Sales: 0.43
• Cash Flow: $16.83 per share
• Price / Cash Flow: 6.77
• Book Value: $21.91 per share
• Price / Book: 5.20

Miscellaneous

• Outstanding Shares: 113,445,000
• Free Float: 110,473,000
• Market Cap: $12.93 billion
• Optionable: Optionable
• Beta: 1.25