Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $8.65 for the period, compared to the consensus EPS estimate of $8.64. The company issued revenue guidance of $27.0 billion, compared to the consensus revenue estimate of $27.04 billion. Jabil also updated its FY 2025 guidance to 8.650-8.650 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on JBL shares. Barclays dropped their target price on shares of Jabil from $149.00 to $135.00 and set an overweight rating on the stock in a report on Friday, June 21st. UBS Group dropped their price objective on shares of Jabil from $130.00 to $120.00 and set a neutral rating on the stock in a report on Friday, June 21st. Stifel Nicolaus reduced their target price on Jabil from $135.00 to $130.00 and set a buy rating for the company in a research note on Tuesday, September 17th. JPMorgan Chase & Co. dropped their price target on Jabil from $137.00 to $133.00 and set an overweight rating on the stock in a research note on Tuesday, September 3rd. Finally, Bank of America reduced their price objective on Jabil from $150.00 to $135.00 and set a buy rating for the company in a research note on Friday, June 21st. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $139.88.

Jabil Stock Performance

Shares of Jabil stock opened at $126.65 on Friday. The company has a market cap of $14.37 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25. The company has a quick ratio of 0.74, a current ratio of 1.13 and a debt-to-equity ratio of 1.26. Jabil has a 52 week low of $95.85 and a 52 week high of $156.94. The business has a 50 day moving average price of $107.19 and a 200-day moving average price of $116.90.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Thursday, August 15th were paid a $0.08 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.25%. Jabil’s payout ratio is 2.91%.

Insider Activity at Jabil

In other Jabil news, SVP May Yee Yap sold 4,274 shares of Jabil stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $117.04, for a total transaction of $500,228.96. Following the transaction, the senior vice president now owns 24,829 shares of the company’s stock, valued at approximately $2,905,986.16. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, EVP Frederic E. Mccoy sold 1,250 shares of the stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $116.42, for a total transaction of $145,525.00. Following the completion of the transaction, the executive vice president now owns 112,753 shares in the company, valued at $13,126,704.26. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP May Yee Yap sold 4,274 shares of Jabil stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $117.04, for a total transaction of $500,228.96. Following the completion of the sale, the senior vice president now directly owns 24,829 shares in the company, valued at approximately $2,905,986.16. The disclosure for this sale can be found here. 2.62% of the stock is owned by 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).