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, October 17th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.08 per share on Monday, December 2nd. This represents a $0.32 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, November 14th. View Jabil's Dividend History.

Jabil declared that its board has authorized a stock buyback program on Thursday, June 14th 2018, which authorizes the company to repurchase $350,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is 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 the consensus estimate of $6.63 billion. Jabil had a net margin of 1.14% and a return on equity of 15.90%. The business's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last 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 updated 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 earnings per share estimate of $3.40. The company issued revenue guidance of $26 billion, compared to the consensus revenue estimate of $26.84 billion.

9 Wall Street analysts have issued 12-month price targets for Jabil's shares. Their forecasts range from $25.00 to $40.00. On average, they anticipate Jabil's share price to reach $34.25 in the next twelve months. This suggests that the stock has a possible downside of 6.1%. 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.

Media stories about JBL stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Jabil earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Jabil.

Jabil saw a increase in short interest during 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 volume of 1,300,000 shares, the short-interest ratio is presently 3.7 days. Approximately 3.3% of the shares of the company are short sold. View Jabil's Current Options Chain.

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

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

Jabil's stock is owned by a number of of retail and institutional investors. Top institutional investors include Strs Ohio (0.56%), Smith Graham & Co. Investment Advisors LP (0.17%), Envestnet Asset Management Inc. (0.06%), Pacer Advisors Inc. (0.03%), Investors Research Corp (0.03%) and Convergence Investment Partners LLC (0.03%). 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, Robert L Katz, 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 Strs Ohio, First Citizens Bank & Trust Co., Envestnet Asset Management Inc., Brookstone Capital Management, Pacer Advisors Inc., Meeder Asset Management Inc., Oakbrook Investments LLC and NEXT Financial Group 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, Robert L Katz, 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 Convergence Investment Partners LLC, Campbell & CO Investment Adviser LLC, Cerebellum GP LLC, State of Alaska Department of Revenue, Regentatlantic Capital LLC, First Hawaiian Bank, Smith Graham & Co. Investment Advisors LP and Stephens Inc. AR. 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 $36.48.

Jabil has a market capitalization of $5.58 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]