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NYSE:JBL

Jabil (JBL) Stock Price, News & Analysis

$117.79
-3.22 (-2.66%)
(As of 05/21/2024 ET)
Today's Range
$116.55
$118.92
50-Day Range
$114.38
$148.80
52-Week Range
$83.63
$156.94
Volume
1.73 million shs
Average Volume
1.40 million shs
Market Capitalization
$14.21 billion
P/E Ratio
10.11
Dividend Yield
0.27%
Price Target
$144.50

Jabil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.7% Upside
$144.50 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Jabil in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$9.82 M Sold Last Quarter
Proj. Earnings Growth
28.10%
From $7.83 to $10.03 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.

4.07 out of 5 stars

Computer And Technology Sector

126th out of 591 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

Jabil dismisses CEO following investigation
Jabil Announces Leadership Transitions
Jabil Reiterates Fiscal Year 2024 Guidance
Jabil to Present at Upcoming Conference
Jabil to Present at Upcoming Conference
Looking Into Jabil's Recent Short Interest
See More Headlines
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Company Calendar

Ex-Dividend for 3/4 Dividend
2/14/2024
Dividend Payable
3/04/2024
Last Earnings
3/15/2024
Ex-Dividend for 6/4 Dividend
5/14/2024
Today
5/21/2024
Dividend Payable
6/04/2024
Next Earnings (Estimated)
6/20/2024
Fiscal Year End
8/31/2024

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
$144.50
High Stock Price Target
$161.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+23.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$818 million
Pretax Margin
6.15%

Debt

Sales & Book Value

Annual Sales
$34.70 billion
Cash Flow
$15.55 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
117,437,000
Market Cap
$14.10 billion
Optionable
Optionable
Beta
1.42

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JBL Stock Analysis - Frequently Asked Questions

Should I buy or sell Jabil stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" JBL shares.
View JBL analyst ratings
or view top-rated stocks.

What is Jabil's stock price target for 2024?

7 Wall Street research analysts have issued 1 year price targets for Jabil's shares. Their JBL share price targets range from $125.00 to $161.00. On average, they expect the company's stock price to reach $144.50 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for JBL
or view top-rated stocks among Wall Street analysts.

How have JBL shares performed in 2024?

Jabil's stock was trading at $127.40 at the beginning of 2024. Since then, JBL shares have decreased by 7.5% and is now trading at $117.79.
View the best growth stocks for 2024 here
.

Are investors shorting Jabil?

Jabil saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,390,000 shares, a decrease of 27.7% from the April 15th total of 4,690,000 shares. Based on an average daily volume of 1,350,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.9% of the shares of the stock are sold short.
View Jabil's Short Interest
.

When is Jabil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 20th 2024.
View our JBL earnings forecast
.

How were Jabil's earnings last quarter?

Jabil Inc. (NYSE:JBL) announced its earnings results on Friday, March, 15th. The technology company reported $1.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.55 by $0.01. The technology company had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.91 billion. Jabil had a trailing twelve-month return on equity of 39.47% and a net margin of 4.70%.

How often does Jabil pay dividends? What is the dividend yield for Jabil?

Jabil announced a quarterly dividend on Wednesday, April 17th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.08 per share on Tuesday, June 4th. This represents a $0.32 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend is Tuesday, May 14th.
Read our dividend analysis for JBL
.

Is Jabil a good dividend stock?

Jabil (NYSE:JBL) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 2.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBL will have a dividend payout ratio of 3.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JBL.

How will Jabil's stock buyback program work?

Jabil announced that its board has initiated a share buyback plan on Thursday, September 28th 2023, which authorizes the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 15.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

What guidance has Jabil issued on next quarter's earnings?

Jabil issued an update on its FY24 earnings guidance on Monday, May, 20th. The company provided earnings per share guidance of $8.40 for the period, compared to the consensus estimate of $8.37.

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.

What other stocks do shareholders of Jabil own?

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

Who are Jabil's major shareholders?

Jabil's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.53%), Texas Yale Capital Corp. (5.30%), LSV Asset Management (2.09%), Bessemer Group Inc. (1.06%), Bank of New York Mellon Corp (0.89%) and Whale Rock Capital Management LLC (0.80%). Insiders that own company stock include Anousheh Ansari, Bruce Allan Johnson, Christopher S Holland, Daryn G Smith, David M Stout, Francis Mckay, Frederic E Mccoy, Gerald Creadon, Kenneth S Wilson, Kristine Melachrino, Mark T Mondello, Martha Brooks, May Yee Yap, Michael Dastoor, Michael J Loparco, Robert L Katz, Roberto Ferri, Steven A Raymund, Steven D Borges, Thomas A Sansone and Thomas A Sansone.
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.

Does Jabil have any subsidiaries?
The following companies are subsidiares of Jabil: AOC Technologies (Wuhan) Co. Ltd., AOC Technologies Inc., Badger Technologies LLC, Celetronix, Celetronix India Private Limited, Celetronix USA Inc., Clothing Plus MBU Oy, Clothing Plus Zhejiang Ltd., Clothing+, Eco.logic Brands Inc., Ecologic Brands, F-I Holding Company, GET Manufacturing, Green Point (Suzhou) Technology Co. Ltd., Green Point (Tianjin) Precision Electronic Co. Ltd., Green Point (Wuxi) Electronic Technology Co. Ltd., Green Point Precision (M) Sdn. Bhd., Green Point Technology (Shenzhen) Co. Ltd., Green Point Technology (Wuxi) Co. Ltd., Green Prosperity Co. Ltd., Greenam Electricity (Proprietary) Limited, Inala, JCI Labuan Limited, JN Global Holdings C.V., Jabil (Mauritius) Holdings Ltd., Jabil AMS LLC, Jabil Advanced Mechanical Solutions Inc., Jabil Advanced Mechanical Solutions de Mexico S. de R.L. de C.V., Jabil Canada Corporation, Jabil Cares Foundation Inc., Jabil Circuit (BVI) Inc., Jabil Circuit (Beijing) Ltd., Jabil Circuit (Guangzhou) Ltd., Jabil Circuit (Shanghai) Co. Ltd., Jabil Circuit (Singapore) Pte. Ltd., Jabil Circuit (Wuxi) Co. Ltd., Jabil Circuit Austria GmbH, Jabil Circuit Belgium N.V., Jabil Circuit Cayman L.P., Jabil Circuit China Limited, Jabil Circuit Financial II Inc., Jabil Circuit Hong Kong Limited, Jabil Circuit Hungary Contract Manufacturing Services Ltd., Jabil Circuit India Private Limited, Jabil Circuit Investment (China) Co. Ltd, Jabil Circuit Italia S.r.l., Jabil Circuit Limited, Jabil Circuit Luxembourg II S.à.r.l., Jabil Circuit Luxembourg S.à.r.l., Jabil Circuit Netherlands B.V., Jabil Circuit SAS, Jabil Circuit Sdn. Bhd., Jabil Circuit Technology LLC, Jabil Circuit Ukraine Limited, Jabil Circuit de Chihuahua S. de R.L. de C.V., Jabil Circuit de Mexico S. de R.L. de C.V., Jabil Circuit of Michigan Inc., Jabil DR S.R.L., Jabil Defense and Aerospace Services LLC, Jabil Denmark Aps, Jabil Dutch Mexico B.V., Jabil EMS Switzerland GmbH, Jabil Electronics (Weihai) Co. Ltd., Jabil Energy (Namibia) (PTY) Ltd., Jabil Green Point Precision Electronics (Wuxi) Co. Ltd., Jabil Green Point Technology (Huizhou) Co. Ltd., Jabil Healthcare DR S.R.L., Jabil Hungary LP Services Limited Liability Company, Jabil India Manufacturing Private Limited, Jabil Industrial do Brasil Ltda., Jabil International Holding II S. de R.L. de C.V., Jabil International Holding S. de R.L. de C.V., Jabil International Treasury Pte. Ltd, Jabil Investment Pte. Ltd., Jabil Israel Ltd., Jabil Japan Inc., Jabil Korea International Limited, Jabil Limited Liability Company, Jabil Mexico Holding S. de R.L. de C.V., Jabil Mexico Investment S. de R.L. de C.V., Jabil Monterrey S. de R.L. de C.V., Jabil Nypro Holding LLC, Jabil Nypro I LLC, Jabil Nypro II LLC, Jabil Nypro International B.V., Jabil Optics Germany GmbH, Jabil Poland Sp. z.o.o., Jabil Precision Industry (Guangzhou) Co. Ltd., Jabil Science & Telecommunication Trading (Wuxi) Co. Ltd., Jabil Sdn. Bhd., Jabil Services Korea Limited, Jabil Silver Creek Inc., Jabil South Africa (Pty) LTD, Jabil Switzerland Manufacturing GmbH, Jabil Technology (Chengdu) Co. Ltd, Jabil Technology and Trading (Wuxi) Co. Ltd., Jabil Torres S. de R.L. de C.V., Jabil Tuttlingen Manufacturing GmbH, Jabil Umkirch Manufacturing GmbH, Jabil Vietnam Company Limited, Jabil do Brasil Indústria Eletroeletrônica Ltda., Kasalis, Kasalis Inc., Kuatro Technologies, Kuatro Ukraine LLC, Manna Renewable Energy Investments Two (Pty) Ltd, N P Medical Inc., NPA de Mexico S. de R.L. de C.V., Nypro, Nypro Atlanta LLC, Nypro China Holdings Limited, Nypro DR LLC, Nypro Deutschland GmbH, Nypro Guadalajara S.A. de C.V., Nypro Healthcare Baja Inc., Nypro Healthcare GmbH, Nypro Healthcare LLC, Nypro Inc., Nypro Iowa Inc., Nypro Limited, Nypro Monterrey Management S. de R.L. de C.V., Nypro Plastics & Metal Products (Shenzhen) Co. Ltd., Nypro Plastics & Molding Products (Suzhou) Co. Ltd., Nypro Puerto Rico Inc., Nypro Research and Developments Limited, Nypro Spain Holding S.L.U., Nypro de la Frontera S. de R.L. de C.V., NyproMold Chicago Inc., NyproMold Inc., NyproMold Investment Corp., PT Jabil Circuit Indonesia, Plasticast Hungary Korlátolt Felelõsségû Társaság, Plasticos Castella S.A.U., Radius Chicago LLC, Radius Hong Kong Limited, Radius Product Development Inc., Roosevelt Insurance Company Ltd., S.M.R. Metal Ltd., Shemer Group, Shemer Motion (2009) Ltd., Taiwan Green Point Enterprises, Taiwan Green Point Enterprises Co. Ltd., Telmar Network Technology, TrueTech, Westing Green (Tianjin) Plastic Co. Ltd, Wolfe Engineering, Wolfe Engineering (Shanghai) Co. Ltd., Yen Investments 140 (Proprietary) Limited, and YouTransactor SAS.
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This page (NYSE:JBL) was last updated on 5/21/2024 by MarketBeat.com Staff

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