Jabil Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last twelve months. There are currently 3 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Jabil stock.
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5 analysts have issued 12 month price objectives for Jabil's shares. Their JBL stock forecasts range from $68.00 to $80.00. On average, they predict Jabil's stock price to reach $74.80 in the next year. This suggests a possible upside of 36.8% from the stock's current price.
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Jabil's stock was trading at $70.35 on January 1st, 2022. Since then, JBL shares have decreased by 22.3% and is now trading at $54.68.
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Jabil saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,120,000 shares, an increase of 26.2% from the April 30th total of 1,680,000 shares. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.6% of the company's stock are short sold.
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Jabil is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
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Jabil Inc. (NYSE:JBL) announced its quarterly earnings data on Thursday, June, 16th. The technology company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.62 by $0.10. Jabil had a net margin of 2.69% and a trailing twelve-month return on equity of 37.88%. During the same period last year, the company earned $1.12 EPS.
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Jabil declared a quarterly dividend on Thursday, April 21st. Stockholders of record on Monday, May 16th will be paid a dividend of $0.08 per share on Thursday, June 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Friday, May 13th.
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Jabil(NYSE:JBL) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.61%. The dividend payout ratio of Jabil is 5.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Jabil will have a dividend payout ratio of 4.63% next year. This indicates that Jabil will be able to sustain or increase its dividend.
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Jabil declared that its board has authorized a stock repurchase program on Friday, July 23rd 2021, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 11.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Jabil issued an update on its fourth quarter 2022 earnings guidance on Thursday, June, 23rd. The company provided earnings per share (EPS) guidance of $1.94-$2.34 for the period, compared to the consensus earnings per share estimate of $2.01. The company issued revenue guidance of $8.10 billion-$8.70 billion, compared to the consensus revenue estimate of $8.27 billion.

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

Some companies that are related to Jabil include Trimble (TRMB), IPG Photonics (IPGP), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), Methode Electronics (MEI), TTM Technologies (TTMI), CTS (CTS), Benchmark Electronics (BHE), Park Aerospace (PKE), Neonode (NEON) and Key Tronic (KTCC).
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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).

Jabil trades on the New York Stock Exchange (NYSE) under the ticker symbol "JBL."

Jabil's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.54%), BlackRock Inc. (9.19%), State Street Corp (3.15%), LSV Asset Management (3.14%), Dimensional Fund Advisors LP (2.65%) and Primecap Management Co. CA (2.65%). Company insiders that own Jabil stock include Alessandro Parimbelli, Anousheh Ansari, Bruce Allan Johnson, Courtney J Ryan, Daryn G Smith, Kenneth S Wilson, Mark T Mondello, Martha Brooks, Michael Dastoor, Michael J Loparco, Michael J Loparco, Robert L Katz, Sergio Cadavid, Steven D Borges, Thomas A Sansone, Thomas A Sansone and Timothy L Main.
View institutional ownership trends for Jabil.

JBL stock was sold by a variety of institutional investors in the last quarter, including Oribel Capital Management LP, LSV Asset Management, Bank of America Corp DE, Northwestern Mutual Wealth Management Co., Great Lakes Advisors LLC, Bank of Montreal Can, Hood River Capital Management LLC, and UBS Group AG. Company insiders that have sold Jabil company stock in the last two years include Anousheh Ansari, Bruce Allan Johnson, Daryn G Smith, Kenneth S Wilson, Mark T Mondello, Michael Dastoor, Michael J Loparco, Robert L Katz, Sergio Cadavid, Steven D Borges, Thomas A Sansone, and Timothy L Main.
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JBL stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Invesco Ltd., Los Angeles Capital Management LLC, BlackRock Inc., Simcoe Capital Management LLC, Alyeska Investment Group L.P., Kempen Capital Management N.V., and Bluestein R H & Co. LLC.
View insider buying and selling activity for Jabil or or view top insider-buying stocks.

Shares of JBL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JBL stock can currently be purchased for approximately $54.68.

Jabil (NYSE:JBL) has a market capitalization of $7.72 billion and generates $29.29 billion in revenue each year. The technology company earns $696 million in net income (profit) each year or $5.819990 on an earnings per share basis.

Jabil employs 238,000 workers across the globe.

Jabil was founded in 1966.

Jabil's mailing address is 10560 DR. MARTIN LUTHER KING JR. ST. N., ST PETERSBURG FL, 33716. The official website for Jabil is www.jabil.com. The technology company can be reached via phone at (727) 577-9749, via email at [email protected], or via fax at 727-579-8529.