Jabil, Inc. (JBL) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst sentiment remains positive: All 11 covering firms rate Jabil a Buy or Strong Buy, with an average 12-month price target of $434.22. Recent targets have varied, including Argus at $475 and Goldman Sachs reducing its target to $375.
• Jabil exceeded quarterly expectations: The company reported $4.40 in EPS versus the $4.05 consensus estimate and $10.62 billion in revenue versus $9.69 billion expected, with revenue up 28.6% year over year.
• Institutional ownership is substantial: Institutional investors hold 93.39% of Jabil’s shares, while recent transactions included major new or expanded positions from Assenagon Asset Management and Deutsche Bank. The company also declared a quarterly dividend of $0.08 per share, yielding about 0.1%.

Shares of Jabil, Inc. (NYSE:JBL - Get Free Report) have been assigned a consensus recommendation of "Buy" from the eleven ratings firms that are covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $434.22.

Several equities analysts recently weighed in on the company. Argus reiterated a "buy" rating and set a $475.00 target price on shares of Jabil in a research report on Thursday, October 1st. Weiss Ratings lowered Jabil from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, September 16th. UBS Group restated a "buy" rating on shares of Jabil in a research report on Thursday, October 8th. The Goldman Sachs Group decreased their price objective on Jabil from $482.00 to $375.00 and set a "buy" rating on the stock in a research note on Tuesday, September 8th. Finally, Zacks Research raised Jabil from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 7th.

Jabil Stock Performance

Shares of JBL opened at $287.89 on Friday. The firm has a market capitalization of $29.64 billion, a P/E ratio of 29.44, a PEG ratio of 0.87 and a beta of 1.30. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65. Jabil has a one year low of $189.60 and a one year high of $428.93. The business has a fifty day moving average of $300.44 and a 200 day moving average of $306.54.

Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.05 by $0.35. Jabil had a net margin of 2.90% and a return on equity of 89.50%. The company had revenue of $10.62 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period in the previous year, the business posted $3.29 earnings per share. The firm's quarterly revenue was up 28.6% compared to the same quarter last year. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. As a group, sell-side analysts anticipate that Jabil will post 16.53 EPS for the current year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Monday, November 16th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, November 16th. Jabil's dividend payout ratio is currently 3.27%.

Insider Buying and Selling

In related news, SVP Gary Schick sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $277.16, for a total value of $277,160.00. Following the transaction, the senior vice president directly owned 37,314 shares of the company's stock, valued at approximately $10,341,948.24. The trade was a 2.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.35% of the company's stock.

Institutional Trading of Jabil

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC purchased a new stake in Jabil during the 1st quarter worth approximately $1,333,000. Assenagon Asset Management S.A. increased its stake in Jabil by 844.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 741,680 shares of the technology company's stock valued at $212,758,000 after purchasing an additional 663,178 shares in the last quarter. Deutsche Bank AG purchased a new position in shares of Jabil in the second quarter worth $207,874,000. Mizuho Markets Americas LLC purchased a new position in shares of Jabil in the first quarter worth $14,610,000. Finally, Royal Bank of Canada lifted its stake in shares of Jabil by 3.1% during the first quarter. Royal Bank of Canada now owns 159,761 shares of the technology company's stock worth $42,436,000 after buying an additional 4,747 shares during the period. 93.39% of the stock is currently owned by institutional investors.

About Jabil

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.

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