Jabil (NYSE:JBL) Releases Q1 Earnings Guidance

Jabil (NYSE:JBL) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.65-2.05 for the period, compared to the consensus estimate of $1.83. The company issued revenue guidance of $6.3-6.9 billion, compared to the consensus revenue estimate of $6.49 billion. Jabil also updated its FY 2025 guidance to 8.650-8.650 EPS.

Jabil Stock Performance

JBL opened at $122.31 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.13 and a quick ratio of 0.74. The stock has a market cap of $13.88 billion, a P/E ratio of 11.13, a P/E/G ratio of 2.23 and a beta of 1.25. Jabil has a 1-year low of $95.85 and a 1-year high of $156.94. The stock’s 50 day simple moving average is $107.42 and its 200 day simple moving average is $116.72.

Jabil (NYSE:JBL) last released its quarterly earnings results on Thursday, September 26th. The technology company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.08. The company had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $6.59 billion. Jabil had a return on equity of 40.30% and a net margin of 4.63%. Jabil’s revenue was down 17.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.34 earnings per share. As a group, equities analysts anticipate that Jabil will post 7.85 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Thursday, August 15th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.26%. Jabil’s payout ratio is 2.91%.

Analyst Upgrades and Downgrades

JBL has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Jabil from $137.00 to $133.00 and set an overweight rating on the stock in a research report on Tuesday, September 3rd. Bank of America upped their price target on shares of Jabil from $135.00 to $150.00 and gave the stock a buy rating in a research report on Friday. UBS Group cut their price objective on Jabil from $130.00 to $120.00 and set a neutral rating on the stock in a research report on Friday, June 21st. Stifel Nicolaus upped their target price on Jabil from $130.00 to $140.00 and gave the stock a buy rating in a research report on Friday. Finally, Barclays raised their target price on Jabil from $135.00 to $157.00 and gave the company an overweight rating in a report on Friday. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of $145.75.

Insider Buying and Selling

In other Jabil news, SVP May Yee Yap sold 4,274 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $117.04, for a total transaction of $500,228.96. Following the completion of the transaction, the senior vice president now directly owns 24,829 shares of the company’s stock, valued at approximately $2,905,986.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Frederic E. Mccoy sold 1,250 shares of the stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $116.42, for a total value of $145,525.00. Following the completion of the transaction, the executive vice president now directly owns 112,753 shares in the company, valued at $13,126,704.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP May Yee Yap sold 4,274 shares of the business’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $117.04, for a total value of $500,228.96. Following the sale, the senior vice president now directly owns 24,829 shares in the company, valued at approximately $2,905,986.16. The disclosure for this sale can be found here. Corporate insiders own 2.62% of the company’s stock.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).