Jabil (NYSE:JBL - Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 17.550-17.550 for the period, compared to the consensus earnings per share estimate of 16.580. The company issued revenue guidance of $44.5 billion-$44.5 billion, compared to the consensus revenue estimate of $42.6 billion. Jabil also updated its Q1 2027 guidance to 3.800-4.200 EPS.
Wall Street Analysts Forecast Growth
JBL has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Jabil from $395.00 to $450.00 and gave the company an "overweight" rating in a report on Thursday, June 18th. Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. UBS Group raised shares of Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price target on the stock in a research note on Tuesday, August 11th. Zacks Research lowered shares of Jabil from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. Finally, Raymond James Financial increased their price objective on shares of Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Jabil has a consensus rating of "Buy" and an average target price of $441.78.
Read Our Latest Stock Analysis on Jabil
Jabil Stock Up 0.1%
Shares of NYSE:JBL opened at $319.10 on Wednesday. Jabil has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The firm's 50 day moving average price is $318.09 and its 200 day moving average price is $325.39. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock has a market cap of $33.44 billion, a price-to-earnings ratio of 39.84, a price-to-earnings-growth ratio of 0.71 and a beta of 1.29.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, August 14th. Jabil's dividend payout ratio (DPR) is presently 4.00%.
Insider Activity
In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares of the company's stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.35% of the company's stock.
Jabil Company Profile
(
Get Free Report)
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.
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