Jabil (NYSE:JBL – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.650-2.050 for the period, compared to the consensus estimate of 1.840. The company issued revenue guidance of $6.3 billion-$6.9 billion, compared to the consensus revenue estimate of $6.5 billion. Jabil also updated its FY 2025 guidance to 8.650-8.650 EPS.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. Bank of America lifted their target price on Jabil from $135.00 to $150.00 and gave the stock a buy rating in a research report on Friday. UBS Group dropped their target price 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 decreased their price target on shares of Jabil from $135.00 to $130.00 and set a buy rating for the company in a report on Tuesday, September 17th. JPMorgan Chase & Co. dropped their price objective on shares of Jabil from $137.00 to $133.00 and set an overweight rating on the stock in a research note on Tuesday, September 3rd. Finally, Barclays decreased their target price on Jabil from $149.00 to $135.00 and set an overweight rating for the company in a research note on Friday, June 21st. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Jabil presently has a consensus rating of Moderate Buy and a consensus target price of $141.75.
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Jabil Trading Up 11.7 %
Jabil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Thursday, August 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date was Thursday, August 15th. Jabil’s dividend payout ratio is currently 2.91%.
Insider Buying and Selling
In other Jabil news, EVP Frederic E. Mccoy sold 1,250 shares of the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $116.42, for a total value of $145,525.00. Following the sale, the executive vice president now directly owns 112,753 shares in the company, valued at $13,126,704.26. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, SVP May Yee Yap sold 4,274 shares of the business’s 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 sale, the senior vice president now owns 24,829 shares in the company, valued at $2,905,986.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Frederic E. Mccoy sold 1,250 shares of the business’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $116.42, for a total transaction of $145,525.00. Following the sale, the executive vice president now directly owns 112,753 shares in the company, valued at $13,126,704.26. The disclosure for this sale can be found here. 2.62% of the stock is owned by corporate 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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