Brokerages Set Jabil, Inc. (NYSE:JBL) PT at $231.71

Key Points

• Jabil, Inc. has received a consensus rating of "Moderate Buy" from nine analysts, with an average target price of $231.71.
• The company reported impressive quarterly earnings with an EPS of $2.55, exceeding estimates and reflecting a 15.7% year-over-year revenue increase.
• Jabil announced a quarterly dividend of $0.08 per share, to be paid on September 3rd, resulting in an annualized yield of 0.2%.

Jabil, Inc. (NYSE:JBL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the nine analysts that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $231.7143.

Several equities analysts recently issued reports on JBL shares. Wall Street Zen lowered Jabil from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. JPMorgan Chase & Co. increased their target price on Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Stifel Nicolaus started coverage on Jabil in a research note on Wednesday, July 2nd. They set a "buy" rating and a $245.00 target price for the company. Barclays increased their price objective on Jabil from $206.00 to $223.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Finally, The Goldman Sachs Group increased their price objective on Jabil from $188.00 to $215.00 and gave the stock a "buy" rating in a report on Wednesday, June 18th.

Jabil Trading Down 0.3%

Shares of JBL traded down $0.54 during trading hours on Friday, hitting $201.54. 515,499 shares of the stock traded hands, compared to its average volume of 1,415,009. The company has a current ratio of 0.98, a quick ratio of 0.64 and a debt-to-equity ratio of 1.85. Jabil has a 1-year low of $99.67 and a 1-year high of $232.84. The firm has a market capitalization of $21.63 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 1.19 and a beta of 1.25. The business has a fifty day moving average of $218.07 and a 200-day moving average of $176.40.

Jabil (NYSE:JBL - Get Free Report) last issued its quarterly earnings results on Tuesday, June 17th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.27. Jabil had a return on equity of 60.19% and a net margin of 2.02%.The business had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.03 billion. During the same quarter in the prior year, the firm posted $1.89 earnings per share. The firm's revenue for the quarter was up 15.7% compared to the same quarter last year. Jabil has set its FY 2025 guidance at 9.330-9.330 EPS. Q4 2025 guidance at 2.640-3.040 EPS. Analysts expect that Jabil will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Friday, August 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, August 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Jabil's dividend payout ratio (DPR) is presently 6.21%.

Insider Buying and Selling at Jabil

In related news, Chairman Mark T. Mondello sold 150,000 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $193.33, for a total transaction of $28,999,500.00. Following the completion of the transaction, the chairman directly owned 1,560,192 shares in the company, valued at approximately $301,631,919.36. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Steven D. Borges sold 22,443 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $200.01, for a total value of $4,488,824.43. Following the completion of the transaction, the executive vice president owned 102,803 shares of the company's stock, valued at approximately $20,561,628.03. This represents a 17.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 312,847 shares of company stock valued at $63,199,847 in the last 90 days. 1.73% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JBL. Norges Bank bought a new position in Jabil in the second quarter valued at approximately $323,338,000. Boston Partners grew its stake in Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company's stock valued at $414,119,000 after purchasing an additional 1,313,338 shares in the last quarter. Point72 Asset Management L.P. grew its stake in Jabil by 1,007.6% in the fourth quarter. Point72 Asset Management L.P. now owns 965,629 shares of the technology company's stock valued at $138,954,000 after purchasing an additional 878,444 shares in the last quarter. Wellington Management Group LLP grew its stake in Jabil by 12.9% in the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company's stock valued at $892,096,000 after purchasing an additional 747,423 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in Jabil by 119.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company's stock valued at $165,417,000 after purchasing an additional 662,938 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors.

Jabil Company Profile

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).