Jabil, Inc. (JBL) – What Are Brokerages Thinking About This Stock?

Jabil, Inc. (NYSE:JBL) has earned a consensus rating of “Buy” from the eleven research firms that are presently covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $434.22.

Several equities research analysts have recently weighed in on JBL shares. The Goldman Sachs Group decreased their price target on Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 16th. Barclays decreased their target price on shares of Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a report on Wednesday.

Jabil Trading Up 2.6%

NYSE:JBL opened at $306.95 on Monday. Jabil has a 1 year low of $189.60 and a 1 year high of $428.93. The stock’s fifty day moving average price is $316.70 and its two-hundred day moving average price is $327.36. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65. The company has a market cap of $32.16 billion, a P/E ratio of 31.39, a P/E/G ratio of 0.90 and a beta of 1.30.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. The company had revenue of $10.62 billion for the quarter, compared to analyst estimates of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The firm’s revenue for the quarter was up 28.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. As a group, analysts expect that Jabil will post 16.53 EPS for the current year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 14th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, August 14th. Jabil’s payout ratio is presently 3.27%.

Institutional Trading of Jabil

Several institutional investors and hedge funds have recently modified their holdings of the business. Western Wealth Management LLC purchased a new position in Jabil in the 1st quarter worth $1,333,000. Deutsche Bank AG purchased a new stake in Jabil during the second quarter valued at about $207,874,000. Mizuho Markets Americas LLC bought a new position in shares of Jabil during the first quarter valued at about $14,610,000. Barclays PLC increased its holdings in shares of Jabil by 2.1% in the fourth quarter. Barclays PLC now owns 600,610 shares of the technology company’s stock worth $136,951,000 after buying an additional 12,455 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Jabil by 3.1% in the first quarter. Royal Bank of Canada now owns 159,761 shares of the technology company’s stock worth $42,436,000 after buying an additional 4,747 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

About Jabil

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.