Jabil (NYSE:JBL) is scheduled to be announcing its earnings results after the market closes on Wednesday, December 13th. Analysts expect the company to announce earnings of $0.83 per share for the quarter. Jabil has set its Q1 guidance at $0.65-0.91 EPS and its FY18 guidance at $2.60 EPS.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, September 27th. The technology company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.03. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.86 billion. Jabil had a net margin of 0.68% and a return on equity of 14.47%. Jabil’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share. On average, analysts expect Jabil to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Jabil (NYSE:JBL) opened at $28.19 on Wednesday. The firm has a market cap of $5,048.46, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 1.07 and a beta of 0.55. Jabil has a one year low of $20.44 and a one year high of $31.70. The company has a quick ratio of 0.54, a current ratio of 0.96 and a debt-to-equity ratio of 0.69.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were paid a $0.08 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.32 annualized dividend and a yield of 1.14%. Jabil’s dividend payout ratio (DPR) is 46.38%.

In related news, President William E. Peters sold 3,580 shares of the firm’s stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $28.74, for a total transaction of $102,889.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark T. Mondello sold 30,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $28.48, for a total transaction of $854,400.00. Following the transaction, the chief executive officer now directly owns 1,836,889 shares of the company’s stock, valued at approximately $52,314,598.72. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,680 shares of company stock valued at $4,204,246. Corporate insiders own 2.90% of the company’s stock.

A number of research firms have issued reports on JBL. Goldman Sachs Group cut shares of Jabil from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $28.00 to $26.00 in a report on Tuesday, October 10th. Citigroup reaffirmed a “sell” rating and issued a $28.00 price target on shares of Jabil in a report on Thursday, September 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $37.00 price target on shares of Jabil in a report on Wednesday, September 27th. Zacks Investment Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 28th. Finally, UBS reaffirmed a “buy” rating and issued a $35.00 price target on shares of Jabil in a report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $30.50.

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Jabil Company Profile

Jabil Inc, formerly Jabil Circuit, Inc, provides electronic manufacturing services and solutions throughout the world. The Company operates in two segments, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Company’s EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets.

Earnings History for Jabil (NYSE:JBL)

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