Jabil, Inc. (NYSE:JBL) Stock Rated “Buy” by Wall Street Brokerages

Shares of Jabil, Inc. (NYSE:JBL) have earned an average rating of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $437.22.

JBL has been the topic of a number of analyst reports. Bank of America increased their price target on Jabil from $470.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday, September 24th. Barclays lowered their price objective on Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. Argus reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Jabil in a report on Thursday, October 1st. The Goldman Sachs Group upped their target price on Jabil from $375.00 to $397.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, JPMorgan Chase & Co. increased their target price on Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st.

Insider Transactions at Jabil

In other news, EVP Matthew Crowley sold 3,922 shares of the business’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $290.00, for a total value of $1,137,380.00. Following the completion of the transaction, the executive vice president directly owned 63,410 shares in the company, valued at approximately $18,388,900. The trade was a 5.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $277.16, for a total transaction of $277,160.00. Following the sale, the senior vice president directly owned 37,314 shares of the company’s stock, valued at approximately $10,341,948.24. This trade represents a 2.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its position in Jabil by 844.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 741,680 shares of the technology company’s stock valued at $212,758,000 after purchasing an additional 663,178 shares during the period. Western Wealth Management LLC bought a new position in Jabil during the 1st quarter worth approximately $1,333,000. Deutsche Bank AG acquired a new position in shares of Jabil in the 2nd quarter worth approximately $207,874,000. Mizuho Markets Americas LLC acquired a new position in shares of Jabil in the 1st quarter worth approximately $14,610,000. Finally, Raiffeisen Bank International AG lifted its position in shares of Jabil by 5,802.9% in the 2nd quarter. Raiffeisen Bank International AG now owns 4,073 shares of the technology company’s stock worth $1,522,000 after purchasing an additional 4,004 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Stock Performance

NYSE JBL opened at $237.82 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 1.78. The company has a market capitalization of $24.49 billion, a P/E ratio of 24.32, a P/E/G ratio of 0.78 and a beta of 1.34. Jabil has a 12-month low of $189.60 and a 12-month high of $428.93. The firm has a 50-day moving average price of $295.47 and a two-hundred day moving average price of $306.99.

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

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is currently 3.27%.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.