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NYSE:JBL

Jabil (JBL) Stock Price, News & Analysis

$110.38
+0.03 (+0.03%)
(As of 07/26/2024 ET)
Today's Range
$110.30
$112.77
50-Day Range
$107.92
$126.23
52-Week Range
$100.18
$156.94
Volume
1.20 million shs
Average Volume
1.47 million shs
Market Capitalization
$12.52 billion
P/E Ratio
10.04
Dividend Yield
0.29%
Price Target
$142.63

Jabil MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
29.2% Upside
$142.63 Price Target
Short Interest
Healthy
4.89% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.84mentions of Jabil in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$645,754 Sold Last Quarter
Proj. Earnings Growth
7.25%
From $7.86 to $8.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.19 out of 5 stars

Computer And Technology Sector

150th out of 612 stocks

Printed Circuit Boards Industry

1st out of 10 stocks

JBL stock logo

About Jabil Stock (NYSE:JBL)

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). It also provides three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.

JBL Stock Price History

JBL Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
EVP At Jabil Sells $145K Of Stock
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Jabil Posts Third Quarter Results
See More Headlines
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Company Calendar

Ex-Dividend for 6/4 Dividend
5/14/2024
Dividend Payable
6/04/2024
Last Earnings
6/20/2024
Today
7/26/2024
Ex-Dividend for 9/4 Dividend
8/15/2024
Fiscal Year End
8/31/2024
Dividend Payable
9/04/2024
Next Earnings (Estimated)
9/26/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
CUSIP
46631310
Employees
236,000
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$142.63
High Stock Price Target
$161.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$818 million
Pretax Margin
6.15%

Debt

Sales & Book Value

Annual Sales
$34.70 billion
Cash Flow
$15.42 per share
Book Value
$20.06 per share

Miscellaneous

Free Float
110,473,000
Market Cap
$12.70 billion
Optionable
Optionable
Beta
1.27

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Should I Buy Jabil Stock? JBL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Jabil Inc.:

  • Jabil's stock price has been trading at a discount compared to its historical averages, presenting a potential buying opportunity for investors.
  • The company has shown consistent revenue growth over the past few quarters, indicating a strong business performance.
  • Jabil has a solid return on equity of 39.47%, showcasing efficient utilization of shareholder funds to generate profits.
  • Recent analyst ratings have been positive, with a consensus rating of "Moderate Buy" and a price target of $142.63, suggesting potential upside.
  • The company's debt-to-equity ratio of 1.08 indicates a balanced approach to financing operations, reducing financial risk for investors.

Cons

Investors should be bearish about investing in Jabil Inc. for these reasons:

  • Jabil's stock price has experienced recent volatility, which may pose risks for short-term investors seeking stability.
  • The company's PEG ratio of 1.50 suggests that the stock may be slightly overvalued based on its growth prospects, potentially limiting future returns.
  • Analysts have lowered price targets for Jabil, indicating concerns about the company's future performance and growth potential.
  • The current market conditions and industry trends could impact Jabil's profitability and stock price, leading to uncertainties for investors.
  • Competitive pressures in the technology sector could affect Jabil's market position and margins, influencing investor confidence in the company's long-term prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Jabil pros and cons to contact@marketbeat.com.

JBL Stock Analysis - Frequently Asked Questions

How have JBL shares performed this year?

Jabil's stock was trading at $127.40 at the beginning of 2024. Since then, JBL stock has decreased by 13.4% and is now trading at $110.38.
View the best growth stocks for 2024 here
.

How were Jabil's earnings last quarter?

Jabil Inc. (NYSE:JBL) issued its quarterly earnings data on Thursday, June, 20th. The technology company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.85 by $0.04. Jabil's revenue for the quarter was down 20.2% on a year-over-year basis.

Is Jabil doing a stock buyback?

Jabil's board authorized a share repurchase program on Thursday, September 28th 2023, which allows the company to repurchase $2,500,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 15.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

What is Mark Mondello's approval rating as Jabil's CEO?

493 employees have rated Jabil Chief Executive Officer Mark Mondello on Glassdoor.com. Mark Mondello has an approval rating of 94% among the company's employees. This puts Mark Mondello in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Jabil have any subsidiaries?

The following companies are subsidiaries of Jabil: Ecologic Brands, TrueTech, Kuatro Technologies, Inala, Shemer Group, Kasalis, Clothing+, and others.

Who are Jabil's major shareholders?

Jabil's top institutional shareholders include Bank of New York Mellon Corp (1.22%), Van Lanschot Kempen Investment Management N.V. (0.52%), Ceredex Value Advisors LLC (0.36%) and Allspring Global Investments Holdings LLC (0.27%). Insiders that own company stock include Mark T Mondello, Thomas A Sansone, Kenneth S Wilson, Steven A Raymund, Michael Dastoor, Frederic E Mccoy, Steven D Borges, Robert L Katz, David M Stout, Gerald Creadon, Francis Mckay, Daryn G Smith, Anousheh Ansari, Roberto Ferri, May Yee Yap, Kristine Melachrino, Christopher S Holland, Martha Brooks, Bruce Allan Johnson and Michael J Loparco.
View institutional ownership trends
.

How do I buy shares of Jabil?

Shares of JBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Jabil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Jabil investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and AT&T (T).

This page (NYSE:JBL) was last updated on 7/26/2024 by MarketBeat.com Staff

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