Jabil (NYSE:JBL) Given Buy Rating at Argus

Jabil (NYSE:JBL - Get Free Report)'s stock had its "buy" rating reaffirmed by Argus in a note issued to investors on Thursday, Benzinga reports. They presently have a $475.00 price target on the technology company's stock. Argus' price objective indicates a potential upside of 65.19% from the company's current price.

Other research analysts also recently issued reports about the stock. The Goldman Sachs Group cut their target price on shares of Jabil from $482.00 to $375.00 and set a "buy" rating on the stock in a research report on Tuesday, September 8th. Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a "buy" rating in a research note on Thursday, June 18th. Robert W. Baird boosted their price target on Jabil from $355.00 to $440.00 and gave the stock an "outperform" rating in a research report on Thursday, June 18th. Weiss Ratings downgraded Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, September 16th. Finally, UBS Group raised shares of Jabil from a "neutral" rating to a "buy" rating and set a $430.00 target price for the company in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $436.44.

Jabil Price Performance

JBL traded up $0.68 during midday trading on Thursday, hitting $287.54. The company had a trading volume of 270,550 shares, compared to its average volume of 1,217,131. Jabil has a twelve month low of $189.60 and a twelve month high of $428.93. The company has a market capitalization of $30.13 billion, a PE ratio of 35.69, a P/E/G ratio of 0.71 and a beta of 1.29. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The firm's 50-day simple moving average is $317.47 and its 200-day simple moving average is $325.64.

Jabil (NYSE:JBL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, beating analysts' consensus estimates of $4.05 by $0.35. The firm had revenue of $10.62 billion for the quarter, compared to analyst estimates of $9.69 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The business's quarterly revenue was up 28.6% compared to the same quarter last year. During the same period last year, the company earned $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities research analysts predict that Jabil will post 11.73 EPS for the current fiscal year.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the business's stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares of the company's stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.35% of the company's stock.

Hedge Funds Weigh In On Jabil

Institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new stake in shares of Jabil during the second quarter worth $25,000. Bell Investment Advisors Inc acquired a new stake in shares of Jabil during the second quarter valued at about $35,000. PenderFund Capital Management Ltd. bought a new stake in shares of Jabil during the second quarter worth about $44,000. Persistent Asset Partners Ltd bought a new stake in shares of Jabil during the second quarter worth about $45,000. Finally, Jones Financial Companies Lllp acquired a new position in shares of Jabil in the second quarter valued at approximately $46,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Jabil

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil’s fourth-quarter adjusted EPS of $4.40 exceeded the $4.05 consensus estimate, while revenue rose 28.6% year over year to $10.62 billion, well above expectations of $9.69 billion. EPS increased from $3.29 in the prior-year quarter. Jabil earnings results
• Positive Sentiment: Demand for AI-related cloud and data-center infrastructure is driving growth. Jabil’s Intelligent Infrastructure segment grew 45.5%, and management expects another 43% increase in fiscal 2027. The company also highlighted 21% fiscal 2026 revenue growth, 40 basis points of core operating-margin expansion and more than $1.5 billion in adjusted free cash flow. Jabil AI data-center demand outlook
• Positive Sentiment: Fiscal 2027 guidance is above Wall Street forecasts: revenue of $44.5 billion versus $42.6 billion expected and EPS of $17.55 versus $16.58. First-quarter guidance also exceeds consensus. Jabil plans to return capital through a new $1.5 billion share-repurchase program. Jabil fiscal 2026 results
• Positive Sentiment: Argus reaffirmed its Buy rating and set a $475 price target, implying substantial potential upside from the referenced price. Argus Jabil price target
• Negative Sentiment: Despite the earnings beat and above-consensus outlook, Jabil shares fell sharply. The reaction suggests investors may be locking in gains after a major prior rally and demanding more upside from a stock trading at a relatively high valuation. The shares are also below their 50-day and 200-day moving averages, signaling weakened momentum. Jabil stock reaction to outlook

Jabil Company Profile

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.