The closing price of Jabil Inc (NYSE: JBL) was $138.02 for the day, up 1.22% from the previous closing price of $136.36. In other words, the price has increased by $+1.66 from its previous closing price. On the day, 794060 shares were traded.
Ratios:
Our analysis of JBL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.07. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 09 ’24 when Schick Gary K. sold 798 shares for $136.55 per share. The transaction valued at 108,967 led to the insider holds 20,630 shares of the business.
Yap May Yee sold 7,877 shares of JBL for $1,100,023 on Apr 08 ’24. The SVP, Chief Information Officer now owns 29,006 shares after completing the transaction at $139.65 per share. On Apr 03 ’24, another insider, Creadon Gerald, who serves as the EVP, Operations of the company, sold 3,000 shares for $135.62 each. As a result, the insider received 406,850 and left with 65,434 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 16.64B and an Enterprise Value of 17.33B. As of this moment, Jabil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.84, and their Forward P/E ratio for the next fiscal year is 13.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 6.36. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 5.90.
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 138.13, while the 200-Day Moving Average is calculated to be 123.80.
Shares Statistics:
JBL traded an average of 1.30M shares per day over the past three months and 1.04M shares per day over the past ten days. A total of 131.29M shares are outstanding, with a floating share count of 116.46M. Insiders hold about 3.43% of the company’s shares, while institutions hold 99.65% stake in the company. Shares short for JBL as of Mar 28, 2024 were 4.86M with a Short Ratio of 3.72, compared to 4.58M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.03% and a Short% of Float of 5.44%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.32, JBL has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.23%, it implies a Forward Annual Dividend Yield of 0.23%. The stock’s 5-year Average Dividend Yield is 0.64. The current Payout Ratio is 5.32% for JBL, which recently paid a dividend on Mar 04, 2024 with an ex-dividend date of Feb 14, 2024. Stock splits for the company last occurred on Mar 31, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $1.85 for the current quarter, with a high estimate of $1.93 and a low estimate of $1.77, while EPS last year was $1.99. The consensus estimate for the next quarter is $2.21, with high estimates of $2.27 and low estimates of $2.1.
Analysts are recommending an EPS of between $8.42 and $8.23 for the fiscal current year, implying an average EPS of $8.37. EPS for the following year is $10.5, with 9 analysts recommending between $10.7 and $10.18.
Revenue Estimates
A total of 10 analysts have provided revenue estimates for JBL’s current fiscal year. The highest revenue estimate was $28.6B, while the lowest revenue estimate was $28.42B, resulting in an average revenue estimate of $28.51B. In the same quarter a year ago, actual revenue was $34.7B, down -17.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $29.74B in the next fiscal year. The high estimate is $30.7B and the low estimate is $29.01B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
