Jabil (NYSE:JBL) Issues Q1 Earnings Guidance

Jabil (NYSE:JBL) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.65-2.05 for the period, compared to the consensus earnings per share estimate of $1.83. The company issued revenue guidance of $6.3-6.9 billion, compared to the consensus revenue estimate of $6.49 billion. Jabil also updated its FY 2025 guidance to 8.650-8.650 EPS.

Jabil Trading Up 11.7 %

Shares of Jabil stock opened at $126.65 on Friday. Jabil has a 12-month low of $95.85 and a 12-month high of $156.94. The stock has a market capitalization of $14.37 billion, a P/E ratio of 11.52, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25. The company has a 50-day simple moving average of $107.19 and a 200 day simple moving average of $116.90. 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 Dividend Announcement

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. 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 (DPR) is currently 2.91%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Jabil

In other 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 completion of the sale, the senior vice president now owns 24,829 shares in the company, valued at approximately $2,905,986.16. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Frederic E. Mccoy sold 1,250 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was 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 directly owns 112,753 shares in the company, valued at approximately $13,126,704.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP May Yee Yap sold 4,274 shares of the 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 completion of the sale, the senior vice president now owns 24,829 shares in the company, valued at $2,905,986.16. The disclosure for this sale can be found here. Corporate insiders own 2.62% of the company’s stock.

Jabil Company Profile

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).