Invest in Jabil Inc. (JBL) to keep your portfolio healthy

After finishing at $78.06 in the prior trading day, Jabil Inc. (NYSE: JBL) closed at $79.42, up 1.74%. In other words, the price has increased by $+1.36 from its previous closing price. On the day, 1370278 shares were traded. JBL stock price reached its highest trading level at $79.42 during the session, while it also had its lowest trading level at $77.73.

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Our goal is to gain a better understanding of JBL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 13, 2022, initiated with a Neutral rating and assigned the stock a target price of $76.

On August 17, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $74.

Goldman Upgraded its Neutral to Buy on December 10, 2021, whereas the target price for the stock was revised from $63 to $75.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 18 when SANSONE THOMAS A sold 10,000 shares for $79.25 per share. The transaction valued at 792,500 led to the insider holds 158,788 shares of the business.

BORGES STEVEN D sold 18,525 shares of JBL for $1,454,583 on Jan 17. The EVP, CEO, DMS now owns 175,645 shares after completing the transaction at $78.52 per share. On Jan 17, another insider, SANSONE THOMAS A, who serves as the Director of the company, sold 10,000 shares for $78.25 each. As a result, the insider received 782,500 and left with 168,788 shares of the company.

Valuation Measures:

As of this moment, Jabil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.51, and their Forward P/E ratio for the next fiscal year is 8.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 4.23.

Stock Price History:

Over the past 52 weeks, JBL has reached a high of $79.67, while it has fallen to a 52-week low of $48.80. The 50-Day Moving Average of the stock is 70.24, while the 200-Day Moving Average is calculated to be 61.54.

Shares Statistics:

The stock has traded on average 1.28M shares per day over the past 3-months and 1.77M shares per day over the last 10 days, according to various share statistics. A total of 134.80M shares are outstanding, with a floating share count of 130.62M. Insiders hold about 3.10% of the company’s shares, while institutions hold 91.50% stake in the company. Shares short for JBL as of Oct 13, 2022 were 3.19M with a Short Ratio of 2.33M, compared to 2.99M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.32% and a Short% of Float of 3.31%.

Dividends & Splits

In the trailing 12 months, JBL’s forward annual dividend rate was 0.32, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.41%, it implies a Forward Annual Dividend Yield of 0.50%. The stock’s 5-year Average Dividend Yield is 0.90. The current Payout Ratio is 4.50% for JBL, which recently paid a dividend on Dec 01, 2022 with an ex-dividend date of Nov 13, 2022. Stock splits for the company last occurred on Mar 30, 2000 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 8 different market analysts. On average, analysts expect EPS of $2.24 for the current quarter, with a high estimate of $2.35 and a low estimate of $2.19, while EPS last year was $1.92. The consensus estimate for the next quarter is $1.81, with high estimates of $1.92 and low estimates of $1.68.

Analysts are recommending an EPS of between $8.26 and $8.14 for the fiscal current year, implying an average EPS of $8.19. EPS for the following year is $8.72, with 8 analysts recommending between $9 and $8.4.

Revenue Estimates

A total of 8 analysts have provided revenue estimates for JBL’s current fiscal year. The highest revenue estimate was $34.69B, while the lowest revenue estimate was $34.32B, resulting in an average revenue estimate of $34.52B. In the same quarter a year ago, actual revenue was $33.48B, up 3.10% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $35.51B in the next fiscal year. The high estimate is $35.75B and the low estimate is $35.16B. The average revenue growth estimate for next year is up 2.90% from the average revenue estimate for this year.