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As of close of business last night, Jabil Inc’s stock clocked out at $114.38, down -2.54% from its previous closing price of $117.36. In other words, the price has decreased by -$2.54 from its previous closing price. On the day, 1.66 million shares were traded. JBL stock price reached its highest trading level at $116.715 during the session, while it also had its lowest trading level at $112.45.
Ratios:
To gain a deeper understanding of JBL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.80. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 13793884160 and an Enterprise Value of 14453920768. As of this moment, Jabil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.81, and their Forward P/E ratio for the next fiscal year is 10.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 5.27. Its current Enterprise Value per Revenue stands at 0.45 whereas that against EBITDA is 6.135.
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 -15.43%, while the 200-Day Moving Average is calculated to be -8.33%.
Shares Statistics:
It appears that JBL traded 1.36M shares on average per day over the past three months and 1788590 shares per day over the past ten days. A total of 131.29M shares are outstanding, with a floating share count of 116.38M. Insiders hold about 3.50% of the company’s shares, while institutions hold 99.32% stake in the company. Shares short for JBL as of 1713139200 were 4694941 with a Short Ratio of 3.46, compared to 1710460800 on 5616467. Therefore, it implies a Short% of Shares Outstanding of 4694941 and a Short% of Float of 5.2600004.
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 0.002726653The stock’s 5-year Average Dividend Yield is 0.63.
