Jabil, Inc. (NYSE:JBL - Get Free Report)'s stock price traded down 3.6% during mid-day trading on Monday . The company traded as low as $206.03 and last traded at $201.70. 87,285 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,423,874 shares. The stock had previously closed at $209.34.
Wall Street Analyst Weigh In
A number of research firms have weighed in on JBL. Barclays lifted their target price on Jabil from $223.00 to $267.00 and gave the company an "overweight" rating in a report on Friday, September 26th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Jabil in a research note on Tuesday, October 14th. Bank of America lifted their price target on shares of Jabil from $245.00 to $255.00 and gave the stock a "buy" rating in a research note on Friday, September 26th. Raymond James Financial set a $260.00 target price on shares of Jabil in a report on Thursday, September 25th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $248.43.
Read Our Latest Report on Jabil
Jabil Stock Down 2.5%
The company's fifty day simple moving average is $211.71 and its 200 day simple moving average is $191.93. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $21.90 billion, a PE ratio of 34.24, a price-to-earnings-growth ratio of 1.49 and a beta of 1.26.
Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). The firm had revenue of $8.30 billion during the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm's revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Jabil's dividend payout ratio (DPR) is currently 5.37%.
Insider Buying and Selling
In other news, EVP Frederic E. Mccoy sold 4,500 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $223.55, for a total value of $1,005,975.00. Following the sale, the executive vice president directly owned 124,203 shares of the company's stock, valued at approximately $27,765,580.65. This represents a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Andrew Priestley sold 3,702 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $225.00, for a total transaction of $832,950.00. Following the completion of the transaction, the executive vice president owned 44,833 shares in the company, valued at approximately $10,087,425. The trade was a 7.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 68,202 shares of company stock worth $14,520,125 in the last 90 days. Insiders own 1.73% of the company's stock.
Hedge Funds Weigh In On Jabil
Several hedge funds and other institutional investors have recently added to or reduced their stakes in JBL. GFG Capital LLC purchased a new position in shares of Jabil during the second quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV purchased a new position in Jabil during the first quarter valued at $27,000. Traub Capital Management LLC bought a new position in shares of Jabil during the 2nd quarter valued at approximately $33,000. Groupe la Francaise increased its stake in shares of Jabil by 35.2% in the first quarter. Groupe la Francaise now owns 246 shares of the technology company's stock worth $34,000 after purchasing an additional 64 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company's stock valued at $34,000 after acquiring an additional 49 shares during the period. 93.39% of the stock is owned by institutional investors.
About Jabil
(
Get Free Report)
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).
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