NYSE:JBL

Jabil Stock Forecast, Price & News

$51.99

-1.05 (-1.98%)

(As of 06/29/2022 12:00 AM ET)

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Today's Range: $51.53
▼
$53.48
50-Day Range: $51.99
▼
$62.77
52-Week Range: $51.53
▼
$72.11

Volume: 894,827 shs
Average Volume: 1.15 million shs
Market Capitalization: $7.34 billion

P/E Ratio: 8.93
Dividend Yield: 0.60%
Price Target: $74.80

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JBL Stock Forecast (MarketRank)

Overall MarketRank^™

3.10 out of 5 stars

Computer And Technology Sector

39th out of 937 stocks

Printed Circuit Boards Industry

1st out of 16 stocks

3.7 Analyst's Opinion

Consensus Rating
Jabil has received a consensus rating of Buy. The company's average rating score is 3.40, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $74.80, Jabil has a forecasted upside of 43.9% from its current price of $51.99.
Amount of Analyst Coverage
Jabil has only been the subject of 1 research reports in the past 90 days.

4.5 Community Rank

Outperform Votes
Jabil has received 622 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Jabil has received 302 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Jabil has received 67.32% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Jabil and other stocks. Vote “Outperform” if you believe JBL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe JBL will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Jabil has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Jabil does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Jabil is 5.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Jabil insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,166,176.00 in company stock.
Percentage Held by Insiders
Only 2.59% of the stock of Jabil is held by insiders.
Percentage Held by Institutions
79.69% of the stock of Jabil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Jabil are expected to grow by 4.86% in the coming year, from $6.59 to $6.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Jabil is 8.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Jabil is 8.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 59.70.
Price to Earnings Growth Ratio
Jabil has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Jabil has a P/B Ratio of 3.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Jabil (NYSE:JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides electronic 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 specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers 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.

June 16, 2022 | insidertrades.com

The Institutions Turn The Tide For Jabil

June 29, 2022 | americanbankingnews.com

Jabil Inc. (NYSE:JBL) SVP Sells $202,776.28 in Stock

June 28, 2022 | businesswire.com

Jabil Announces Results of Global Survey on 5G Technology Trends - Business Wire

June 23, 2022 | nasdaq.com

Market Sell-Off: 1 Tech Stock to Buy Hand Over Fist Right Now - Nasdaq

June 23, 2022 | americanbankingnews.com

Jabil (NYSE:JBL) Updates FY 2022 Earnings Guidance

June 22, 2022 | fool.com

Market Sell-Off: 1 Tech Stock to Buy Hand Over Fist Right Now - The Motley Fool

June 22, 2022 | finance.yahoo.com

Market Sell-Off: 1 Tech Stock to Buy Hand Over Fist Right Now

June 21, 2022 | nasdaq.com

Why Jabil (JBL) is a Top Value Stock for the Long-Term - Nasdaq

June 21, 2022 | finance.yahoo.com

Why Jabil (JBL) is a Top Value Stock for the Long-Term

June 21, 2022 | businesswire.com

Jabil Teams with SolarEdge to Advance Smart Energy Technology - Business Wire

June 19, 2022 | americanbankingnews.com

Jabil (NYSE:JBL) Sets New 1-Year Low Following Analyst Downgrade

June 17, 2022 | marketwatch.com

Jabil 3Q Sales, Profit Rise - MarketWatch

June 16, 2022 | seekingalpha.com

Jabil Non-GAAP EPS of $1.72 beats by $0.10, revenue of $8.3B beats by $80M (NYSE:JBL) - Seeking Alpha

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Printed circuit boards
Sub-Industry: Electronic Manufacturing Services
Sector: Computer and Technology
Current Symbol: NYSE:JBL
CUSIP: 46631310
CIK: 898293
Web: www.jabil.com
Phone: (727) 577-9749
Fax: 727-579-8529
Employees: 238,000
Year Founded: 1966

Company Calendar

Ex-Dividend for 6/2 Dividend: 5/13/2022
Dividend Payable: 6/02/2022
Last Earnings: 6/16/2022
Today: 6/30/2022
Fiscal Year End: 8/31/2022
Next Earnings (Estimated): 10/05/2022

Price Target and Rating

Average Stock Price Forecast: $74.80
High Stock Price Forecast: $80.00
Low Stock Price Forecast: $68.00
Forecasted Upside/Downside: +43.9%
Consensus Rating: Buy
Rating Score (0-4): 3.4
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.819990
Trailing P/E Ratio: 8.93
Forward P/E Ratio: 7.89
P/E Growth: 0.69
Net Income: $696 million
Net Margins: 2.69%
Pretax Margin: 3.50%
Return on Equity: 37.88%
Return on Assets: 4.90%

Debt

Debt-to-Equity Ratio: 1.22
Current Ratio: 1.04
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $29.29 billion
Price / Sales: 0.25
Cash Flow: $10.25 per share
Price / Cash Flow: 5.07
Book Value: $14.65 per share
Price / Book: 3.55

Miscellaneous

Outstanding Shares: 141,216,000
Free Float: 137,559,000
Market Cap: $7.34 billion
Optionable: Optionable
Beta: 1.37

Social Links

Jabil Frequently Asked Questions

Should I buy or sell Jabil stock right now?: 5 Wall Street 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 analysts is that investors should "buy" Jabil stock.
View analyst ratings for Jabil or view top-rated stocks.
What is Jabil's stock price forecast for 2022?: 5 equities research analysts have issued 12-month target prices for Jabil's shares. Their JBL stock forecasts range from $68.00 to $80.00. On average, they anticipate Jabil's share price to reach $74.80 in the next year. This suggests a possible upside of 43.9% from the stock's current price.
View analysts' price targets for Jabil or view top-rated stocks among Wall Street analysts.
How has Jabil's stock performed in 2022?: Jabil's stock was trading at $70.35 at the start of the year. Since then, JBL stock has decreased by 26.1% and is now trading at $51.99.
View the best growth stocks for 2022 here.
Are investors shorting Jabil?: 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 daily trading volume, of 1,130,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.6% of the shares of the stock are short sold.
View Jabil's Short Interest.
When is Jabil's next earnings date?: Jabil is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our earnings forecast for Jabil.
How were Jabil's earnings last quarter?: Jabil Inc. (NYSE:JBL) issued its quarterly earnings results on Thursday, June, 16th. The technology company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.10. Jabil had a trailing twelve-month return on equity of 37.88% and a net margin of 2.69%. During the same period last year, the firm posted $1.12 earnings per share.
View Jabil's earnings history.
How often does Jabil pay dividends? What is the dividend yield for Jabil?: Jabil announced a quarterly dividend on Thursday, April 21st. Shareholders of record on Monday, May 16th will be given a dividend of $0.08 per share on Thursday, June 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Friday, May 13th.
View Jabil's dividend history.
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 0.60%. 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.
View Jabil's dividend history.
How will Jabil's stock buyback program work?: Jabil announced that its Board of Directors has authorized a stock repurchase program on Friday, July 23rd 2021, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 11.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.
What guidance has Jabil issued on next quarter's earnings?: Jabil updated its fourth quarter 2022 earnings guidance on Thursday, June, 30th. The company provided earnings per share (EPS) guidance of $1.94-$2.34 for the period, compared to the consensus 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.

Who are Jabil's key executives?: Jabil's management team includes the following people:
Mr. Mark T. Mondello, Chairman & CEO (Age 58, Pay $4.15M) (LinkedIn Profile)
Mr. Michael Dastoor, Exec. VP & CFO (Age 57, Pay $1.76M)
Mr. Steven D. Borges, Exec. VP & CEO of Regulated Industries (Age 54, Pay $1.85M) (LinkedIn Profile)
Mr. Kenneth S. Wilson, Exec. VP & CEO of Jabil Green Point (Age 56, Pay $2.2M) (LinkedIn Profile)
Mr. Gerald Creadon Jr., Sr. VP of Global Operations
Ms. Jean Kneisler, CTO & VP
Ms. May Yee Yap, Sr. VP & Chief Information Officer
Ms. Beth A. Walters, Sr. VP of Communications & Investor Relations (Age 62)
Mr. Robert L. Katz, Chief Ethics & Compliance Officer, Exec. VP and Gen. Counsel (Age 59) (LinkedIn Profile)
Mr. Roberto Ferri, Sr. VP and Chief Sales & Marketing Officer
What is Mark Mondello's approval rating as Jabil's CEO?: 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.
Who are some of Jabil's key competitors?: 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).
View all of JBL's competitors.
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).
What is Jabil's stock symbol?: Jabil trades on the New York Stock Exchange (NYSE) under the ticker symbol "JBL."
How do I buy shares of Jabil?: 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.
Compare Top Brokerages Here.
What is Jabil's stock price today?: One share of JBL stock can currently be purchased for approximately $51.99.
How much money does Jabil make?: Jabil (NYSE:JBL) has a market capitalization of $7.34 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.
How many employees does Jabil have?: Jabil employs 238,000 workers across the globe.
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 Hong Kong Ltd., 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 (Yantai) Precision Electronic 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, JCI Funding Ireland Designated Activity Company, 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 C.M. S.r.l., Jabil Canada Corporation, Jabil Chihuahua Holding S. de R.L. de C.V., 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 Holdings Limited, 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 Consulting Limited Liability Company, 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 Guadalajara Holding S. de R.L. de C.V., Jabil Healthcare DR S.R.L., Jabil Holding S. de R.L. de C.V., Jabil Hungary LP Services Limited Liability Company, Jabil India Manufacturing Private Limited, Jabil Industrial do Brasil Ltda., 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 Industria Eletroeletronica Ltda., Johnson & Johnson Medical Devices, Kasalis, Kasalis Inc., Kuatro Technologies, Kuatro Ukraine LLC, Manna Renewable Energy Investments Two (Pty) Ltd, NP Medical Inc., NPA de Mexico S. de R.L. de C.V., Nypro, Nypro Alabama LLC, Nypro Atlanta LLC, Nypro China Holdings Limited, Nypro DR LLC, Nypro Deutschland GmbH, Nypro France SAS, 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 Amazonia, 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., Shay Motion 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., and Yen Investments 140 (Proprietary) Limited.
Read More
When was Jabil founded?: Jabil was founded in 1966.
How can I contact Jabil?: 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.

This page (NYSE:JBL) was last updated on 6/30/2022 by MarketBeat.com Staff

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Jabil Stock Forecast, Price & News

Receive JBL Stock News and Ratings via Email

JBL Stock Forecast (MarketRank)

Overall MarketRank™

3.7 Analyst's Opinion

4.5 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

2.5 Company Ownership

3.1 Earnings and Valuation

About Jabil (NYSE:JBL)

JBL Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Jabil Frequently Asked Questions

Should I buy or sell Jabil stock right now?

What is Jabil's stock price forecast for 2022?

How has Jabil's stock performed in 2022?

Are investors shorting Jabil?

When is Jabil's next earnings date?

How were Jabil's earnings last quarter?

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

Is Jabil a good dividend stock?

How will Jabil's stock buyback program work?

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

Who are Jabil's key executives?

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

Who are some of Jabil's key competitors?

What other stocks do shareholders of Jabil own?

What is Jabil's stock symbol?

How do I buy shares of Jabil?

What is Jabil's stock price today?

How much money does Jabil make?

How many employees does Jabil have?

Does Jabil have any subsidiaries?

When was Jabil founded?

How can I contact Jabil?

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