Jabil (NYSE:JBL) Shares Gap Up Following Strong Earnings

Jabil, Inc. (NYSE:JBL)’s stock price gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $212.56, but opened at $222.50. Jabil shares last traded at $226.99, with a volume of 519,455 shares changing hands.

The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.15. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The company had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. During the same quarter in the previous year, the company earned $2.00 earnings per share. Jabil’s quarterly revenue was up 18.7% on a year-over-year basis. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is currently 5.37%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JBL. JPMorgan Chase & Co. increased their target price on Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. UBS Group raised their price objective on Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a research report on Thursday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research report on Thursday. Finally, Bank of America increased their price target on shares of Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $261.29.

Insider Activity at Jabil

In other Jabil news, Chairman Mark T. Mondello sold 20,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $212.20, for a total transaction of $4,244,000.00. Following the completion of the sale, the chairman directly owned 1,221,459 shares in the company, valued at approximately $259,193,599.80. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP May Yee Yap sold 8,858 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the completion of the transaction, the senior vice president owned 25,421 shares in the company, valued at approximately $5,720,487.63. This represents a 25.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,762 shares of company stock worth $28,129,921 in the last ninety days. 1.73% of the stock is currently owned by company insiders.

Institutional Trading of Jabil

Several institutional investors have recently added to or reduced their stakes in JBL. AIA Group Ltd bought a new stake in shares of Jabil in the 3rd quarter worth $489,000. Swiss Life Asset Management Ltd lifted its holdings in shares of Jabil by 23.8% during the third quarter. Swiss Life Asset Management Ltd now owns 24,204 shares of the technology company’s stock valued at $5,256,000 after purchasing an additional 4,659 shares in the last quarter. Groupama Asset Managment purchased a new stake in shares of Jabil during the third quarter valued at $594,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Jabil during the third quarter valued at $314,000. Finally, CIBC Bancorp USA Inc. bought a new stake in Jabil in the 3rd quarter worth about $3,216,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Jabil Trading Up 0.4%

The stock has a 50-day simple moving average of $211.12 and a two-hundred day simple moving average of $211.09. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.66 and a current ratio of 0.99. The firm has a market cap of $23.19 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 1.53 and a beta of 1.26.

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).