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In the latest session, Jabil Inc (NYSE: JBL) closed at $119.13 up 0.32% from its previous closing price of $118.75. In other words, the price has increased by $0.32 from its previous closing price. On the day, 2.03 million shares were traded. JBL stock price reached its highest trading level at $121.26 during the session, while it also had its lowest trading level at $116.86.
Ratios:
For a deeper understanding of Jabil Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.19.
On January 17, 2024, Barclays reiterated its Overweight rating and also upped its target price recommendation from $153 to $151.
On September 07, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $134.Barclays initiated its Overweight rating on September 07, 2023, with a $134 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 15 ’24 when Wilson Kenneth S sold 15,000 shares for $134.20 per share. The transaction valued at 2,012,938 led to the insider holds 339,725 shares of the business.
Schick Gary K. sold 798 shares of JBL for $108,967 on Apr 09 ’24. The SVP, CHRO now owns 20,630 shares after completing the transaction at $136.55 per share. On Apr 08 ’24, another insider, Yap May Yee, who serves as the SVP, Chief Information Officer of the company, sold 7,877 shares for $139.65 each. As a result, the insider received 1,100,023 and left with 29,006 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JBL now has a Market Capitalization of 14366720000 and an Enterprise Value of 14980931584. As of this moment, Jabil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.22, and their Forward P/E ratio for the next fiscal year is 11.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 5.49. Its current Enterprise Value per Revenue stands at 0.467 whereas that against EBITDA is 6.359.
Stock Price History:
Over the past 52 weeks, JBL has reached a high of $156.94, while it has fallen to a 52-week low of $75.48. The 50-Day Moving Average of the stock is -13.73%, while the 200-Day Moving Average is calculated to be -4.30%.
Shares Statistics:
For the past three months, JBL has traded an average of 1.27M shares per day and 1122220 over the past ten days. A total of 131.29M shares are outstanding, with a floating share count of 116.37M. Insiders hold about 3.50% of the company’s shares, while institutions hold 99.74% stake in the company. Shares short for JBL as of 1711584000 were 4855594 with a Short Ratio of 3.82, compared to 1709164800 on 4579750. Therefore, it implies a Short% of Shares Outstanding of 4855594 and a Short% of Float of 5.4399999999999995.
Dividends & Splits
According to the company, the forward annual dividend rate for JBL is 0.32, from 0.32 in the trailing year. The stock’s 5-year Average Dividend Yield is 0.64.
Earnings Estimates
Currently, JetBlue Airways Corporation analysts are dedicated to thoroughly evaluating and rating the performance of Jabil Inc (JBL) in the stock market.The consensus estimate for the next quarter is $119.13, with high estimates of $11.87 and low estimates of $26.42.
