Jabil (NYSE:JBL) Updates FY25 Earnings Guidance

Jabil (NYSE:JBL) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $8.75 for the period, compared to the consensus estimate of $8.69. The company issued revenue guidance of $27.30 billion, compared to the consensus revenue estimate of $27.03 billion. Jabil also updated its Q2 guidance to $1.60-2.00 EPS.

Jabil Stock Performance

Shares of JBL opened at $133.98 on Wednesday. The stock has a market capitalization of $14.96 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 1.57 and a beta of 1.25. Jabil has a 12 month low of $95.85 and a 12 month high of $156.94. The firm has a fifty day simple moving average of $129.98 and a 200 day simple moving average of $117.78. The company has a current ratio of 1.09, a quick ratio of 0.72 and a debt-to-equity ratio of 1.66.

Jabil (NYSE:JBL) last announced its quarterly earnings data 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. Jabil had a return on equity of 42.64% and a net margin of 4.81%. The company had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.61 billion. During the same quarter last year, the company earned $2.60 EPS. Jabil’s revenue for the quarter was down 16.6% compared to the same quarter last year. Research analysts forecast that Jabil will post 7.89 EPS for the current fiscal year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 15th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, November 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.24%. Jabil’s dividend payout ratio is presently 2.90%.

Analyst Upgrades and Downgrades

JBL has been the topic of a number of recent analyst reports. Bank of America boosted their price target on Jabil from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Stifel Nicolaus raised their price target on Jabil from $140.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. JPMorgan Chase & Co. decreased their price objective on shares of Jabil from $137.00 to $133.00 and set an “overweight” rating on the stock in a report on Tuesday, September 3rd. Barclays lifted their target price on shares of Jabil from $135.00 to $157.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Finally, StockNews.com raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $145.17.

Insiders Place Their Bets

In other news, EVP Frederic E. Mccoy sold 4,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $118.70, for a total transaction of $474,800.00. Following the completion of the transaction, the executive vice president now owns 108,753 shares of the company’s stock, valued at approximately $12,908,981.10. The trade was a 3.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven A. Raymund sold 20,000 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $124.70, for a total transaction of $2,494,000.00. Following the completion of the transaction, the director now directly owns 139,108 shares of the company’s stock, valued at $17,346,767.60. This trade represents a 12.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,689 shares of company stock worth $5,377,431 in the last quarter. Corporate 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).