Jabil (NYSE:JBL – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 8.750-8.750 for the period, compared to the consensus earnings per share estimate of 8.690. The company issued revenue guidance of $27.3 billion-$27.3 billion, compared to the consensus revenue estimate of $27.0 billion. Jabil also updated its FY25 guidance to $8.75 EPS.
Jabil Stock Down 0.7 %
NYSE:JBL opened at $133.98 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. Jabil has a 12-month low of $95.85 and a 12-month high of $156.94. The stock’s fifty day simple moving average is $129.98 and its 200-day simple moving average is $117.78. The firm has a market capitalization of $14.96 billion, a P/E ratio of 12.16, a P/E/G ratio of 1.57 and a beta of 1.25.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Wednesday, December 18th. The technology company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.12. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.61 billion. Jabil had a return on equity of 42.64% and a net margin of 4.81%. The company’s quarterly revenue was down 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.60 earnings per share. Equities research analysts expect that Jabil will post 7.89 earnings per share for the current year.
Jabil Dividend Announcement
Wall Street Analyst Weigh In
JBL has been the topic of a number of recent analyst 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. Stifel Nicolaus boosted their target price on Jabil from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Barclays increased their price target on Jabil from $135.00 to $157.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Bank of America lifted their price objective on Jabil from $135.00 to $150.00 and gave the company a “buy” rating in a report on Friday, September 27th. Finally, StockNews.com raised Jabil from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.17.
Insider Transactions at Jabil
In related news, SVP Francis Mckay sold 11,755 shares of the firm’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $121.71, for a total value of $1,430,701.05. Following the completion of the transaction, the senior vice president now owns 41,507 shares of the company’s stock, valued at approximately $5,051,816.97. This trade represents a 22.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Matthew Crowley sold 1,380 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $125.83, for a total transaction of $173,645.40. Following the sale, the executive vice president now directly owns 18,568 shares in the company, valued at $2,336,411.44. This trade represents a 6.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 43,689 shares of company stock valued at $5,377,431 over the last three months. Company insiders own 1.73% of the company’s stock.
About Jabil
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).
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