Jabil (NYSE:JBL – Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $8.95 for the period, compared to the consensus estimate of $8.74. The company issued revenue guidance of ~$27.9 billion, compared to the consensus revenue estimate of $27.31 billion. Jabil also updated its FY 2025 guidance to 8.950-8.950 EPS.
Jabil Stock Performance
Shares of Jabil stock opened at $143.69 on Friday. The firm has a market capitalization of $15.69 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.65 and a beta of 1.19. Jabil has a 52 week low of $95.85 and a 52 week high of $174.80. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 1.81. The firm’s 50 day moving average is $156.14 and its two-hundred day moving average is $137.66.
Jabil (NYSE:JBL – Get Free Report) last announced its earnings results on Thursday, March 20th. The technology company reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.11. The business had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.40 billion. Jabil had a net margin of 4.71% and a return on equity of 41.87%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm posted $1.68 earnings per share. Research analysts forecast that Jabil will post 8.05 EPS for the current fiscal year.
Jabil Dividend Announcement
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on JBL shares. Stifel Nicolaus restated a “buy” rating and set a $160.00 target price (up from $150.00) on shares of Jabil in a research report on Thursday, December 19th. The Goldman Sachs Group raised their target price on shares of Jabil from $160.00 to $179.00 and gave the stock a “buy” rating in a research report on Monday, February 24th. StockNews.com lowered shares of Jabil from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Barclays lifted their price objective on shares of Jabil from $157.00 to $179.00 and gave the company an “overweight” rating in a research report on Friday, December 20th. Finally, UBS Group lifted their price objective on shares of Jabil from $128.00 to $152.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.83.
View Our Latest Research Report on Jabil
Insider Buying and Selling at Jabil
In other Jabil news, Director Christopher S. Holland sold 3,400 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $162.27, for a total value of $551,718.00. Following the completion of the sale, the director now owns 12,900 shares of the company’s stock, valued at approximately $2,093,283. This trade represents a 20.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John C. Plant sold 50,000 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $172.55, for a total value of $8,627,500.00. Following the completion of the sale, the director now directly owns 5,900 shares of the company’s stock, valued at approximately $1,018,045. This trade represents a 89.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,400 shares of company stock valued at $12,804,458. 1.73% of the stock is owned by company insiders.
About Jabil
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).
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