Trading Day Triumph: Jabil Inc (JBL) Ends at 115.47, a -1.85 Surge/Plunge

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Jabil Inc (NYSE: JBL) closed the day trading at $115.47 down -1.85% from the previous closing price of $117.65. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 2.74 million shares were traded. JBL stock price reached its highest trading level at $118.7 during the session, while it also had its lowest trading level at $113.85.

Ratios:

For a better understanding of JBL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.95. 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:

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 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 13925336064 and an Enterprise Value of 14585371648. As of this moment, Jabil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.91, and their Forward P/E ratio for the next fiscal year is 11.00. 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 5.32. Its current Enterprise Value per Revenue stands at 0.455 whereas that against EBITDA is 6.191.

Stock Price History:

The Beta on a monthly basis for JBL is 1.35, which has changed by 0.37628126 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, JBL has reached a high of $156.94, while it has fallen to a 52-week low of $79.08. The 50-Day Moving Average of the stock is -11.39%, while the 200-Day Moving Average is calculated to be -7.65%.

Shares Statistics:

Over the past 3-months, JBL traded about 1.37M shares per day on average, while over the past 10 days, JBL traded about 1320300 shares per day. A total of 131.29M shares are outstanding, with a floating share count of 116.14M. Insiders hold about 3.70% of the company’s shares, while institutions hold 97.25% stake in the company. Shares short for JBL as of 1714435200 were 3393409 with a Short Ratio of 2.48, compared to 1711584000 on 4855594. Therefore, it implies a Short% of Shares Outstanding of 3393409 and a Short% of Float of 3.8.

Dividends & Splits

JBL’s forward annual dividend rate is 0.32, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.002719932The stock’s 5-year Average Dividend Yield is 0.63. The current Payout Ratio is 5.32% for JBL, which recently paid a dividend on 2024-05-14 with an ex-dividend date of 1715644800. Stock splits for the company last occurred on 2000-03-31 when the company split stock in a 2:1 ratio.

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