Jabil Stock Price, News & Analysis (NYSE:JBL)

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

Jabil announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.08 per share on Tuesday, September 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Wednesday, August 14th. View Jabil's Dividend History.

Jabil declared that its Board of Directors has authorized a stock repurchase plan on Thursday, June 14th 2018, which permits the company to buyback $350,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its shares are undervalued.

Jabil Inc (NYSE:JBL) issued its quarterly earnings data on Tuesday, September, 24th. The technology company reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.86 by $0.02. The technology company had revenue of $6.57 billion for the quarter, compared to analyst estimates of $6.63 billion. Jabil had a return on equity of 15.90% and a net margin of 1.14%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.70 EPS. View Jabil's Earnings History.

Jabil is scheduled to release their next quarterly earnings announcement on Tuesday, December 17th 2019. View Earnings Estimates for Jabil.

Jabil issued an update on its FY20 earnings guidance on Tuesday, September, 24th. The company provided EPS guidance of $3.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.40. The company issued revenue guidance of $26 billion, compared to the consensus revenue estimate of $26.84 billion.

9 brokerages have issued twelve-month price objectives for Jabil's stock. Their forecasts range from $25.00 to $40.00. On average, they expect Jabil's share price to reach $33.75 in the next year. This suggests that the stock has a possible downside of 6.6%. View Analyst Price Targets for Jabil.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last year. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Jabil.

News stories about JBL stock have trended somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Jabil earned a news impact score of 1.4 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Jabil.

Jabil saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,820,000 shares, an increase of 13.7% from the August 30th total of 4,240,000 shares. Based on an average daily trading volume, of 1,300,000 shares, the short-interest ratio is currently 3.7 days. Currently, 3.3% of the shares of the company are sold short. View Jabil's Current Options Chain.

Some companies that are related to Jabil include Flex (FLEX), Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Celestica (CLS), Kimball Electronics (KE), Park Electrochemical (PKE), IEC Electronics (IEC), SMTC (SMTX), SigmaTron International (SGMA), NANO DIMENSION/S (NNDM) and Eltek (ELTK).

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

Jabil's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Crossmark Global Holdings Inc. (0.01%), First Hawaiian Bank (0.01%) and Cerebellum GP LLC (0.01%). Company insiders that own Jabil stock include Alessandro Parimbelli, Bruce Allan Johnson, Courtney J Ryan, Erich Hoch, Kenneth S Wilson, Mark T Mondello, Martha Brooks, Michael Dastoor, Michael J Loparco, Sergio Cadavid, Steven D Borges, Thomas A Sansone, William D Muir Jr and William E Peters. View Institutional Ownership Trends for Jabil.

JBL stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc. and Crossmark Global Holdings Inc.. Company insiders that have sold Jabil company stock in the last year include Alessandro Parimbelli, Bruce Allan Johnson, Courtney J Ryan, Kenneth S Wilson, Martha Brooks, Michael Dastoor, Michael J Loparco, Sergio Cadavid, Steven D Borges, Thomas A Sansone and William E Peters. View Insider Buying and Selling for Jabil.

JBL stock was purchased by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, State of Alaska Department of Revenue and First Hawaiian Bank. View Insider Buying and Selling for Jabil.

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

One share of JBL stock can currently be purchased for approximately $36.13.

Jabil has a market capitalization of $5.53 billion and generates $25.28 billion in revenue each year. The technology company earns $287.11 million in net income (profit) each year or $1.81 on an earnings per share basis. Jabil employs 199,000 workers across the globe.View Additional Information About Jabil.

The official website for Jabil is http://www.jabil.com/.

Jabil's mailing address is 10560 DR. MARTIN LUTHER KING JR. ST. N., ST PETERSBURG FL, 33716. The technology company can be reached via phone at 727-577-9749 or via email at [email protected]