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Jabil, Inc. (NYSE:JBL) Given Average Rating of "Buy" by Analysts

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Key Points

  • Analyst consensus "Buy" — Eleven analysts cover Jabil with a consensus Buy rating and an average 12‑month target of $290.63, while several firms recently raised targets (Bank of America to $354, Barclays to $304).
  • Quarterly beat and strong revenue growth — Jabil reported $2.69 EPS vs. $2.51 expected and revenue of $8.28B (vs. $7.75B), with revenue up 23.1% year‑over‑year.
  • Notable insider selling — Insiders sold 37,981 shares worth about $11.36M in the last three months, leaving insiders with just 1.35% ownership.
  • Interested in Jabil? Here are five stocks we like better.

Jabil, Inc. (NYSE:JBL - Get Free Report) has been given a consensus rating of "Buy" by the eleven analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $290.6250.

A number of equities analysts have weighed in on JBL shares. Bank of America boosted their price target on Jabil from $295.00 to $354.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Barclays raised their price objective on Jabil from $283.00 to $304.00 and gave the company an "overweight" rating in a research report on Wednesday, March 18th. UBS Group boosted their target price on Jabil from $244.00 to $254.00 and gave the stock a "neutral" rating in a report on Tuesday, March 10th. Weiss Ratings cut Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, April 24th. Finally, Zacks Research raised Jabil from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th.

Check Out Our Latest Report on JBL

Insider Activity

In other news, EVP Steven D. Borges sold 5,126 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $317.51, for a total transaction of $1,627,556.26. Following the transaction, the executive vice president owned 71,398 shares in the company, valued at approximately $22,669,578.98. This trade represents a 6.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Anousheh Ansari sold 2,000 shares of the business's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the sale, the director owned 31,800 shares of the company's stock, valued at $9,540,000. This trade represents a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 37,981 shares of company stock valued at $11,360,740. Company insiders own 1.35% of the company's stock.

Institutional Investors Weigh In On Jabil

A number of institutional investors have recently modified their holdings of JBL. Greenline Wealth Management LLC acquired a new position in shares of Jabil during the 4th quarter worth $28,000. First Horizon Corp bought a new position in Jabil in the third quarter valued at about $30,000. Veracity Capital LLC grew its position in Jabil by 4,144.3% in the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company's stock valued at $31,000 after acquiring an additional 3,647 shares during the last quarter. Virtus Advisers LLC acquired a new position in Jabil during the fourth quarter worth about $32,000. Finally, DV Equities LLC bought a new position in shares of Jabil in the fourth quarter worth about $34,000. Institutional investors own 93.39% of the company's stock.

Jabil Trading Down 6.1%

NYSE JBL opened at $349.71 on Friday. Jabil has a 12 month low of $152.78 and a 12 month high of $372.37. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The stock has a 50 day moving average of $287.17 and a 200-day moving average of $249.22. The company has a market cap of $36.89 billion, a PE ratio of 46.94, a PEG ratio of 1.93 and a beta of 1.29.

Jabil (NYSE:JBL - Get Free Report) last issued its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, topping analysts' consensus estimates of $2.51 by $0.18. The business had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The firm's revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.94 earnings per share. On average, equities research analysts anticipate that Jabil will post 11.3 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th 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 Friday, May 15th. Jabil's dividend payout ratio is currently 4.30%.

Jabil Company Profile

(Get Free Report)

Jabil Inc NYSE: JBL is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil's expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.

See Also

Analyst Recommendations for Jabil (NYSE:JBL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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