Jabil (NYSE:JBL) Issues 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.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on JBL. StockNews.com upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Bank of America lifted their price target on shares of Jabil from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, September 27th. JPMorgan Chase & Co. decreased their price target on Jabil from $137.00 to $133.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 3rd. Stifel Nicolaus raised their price objective on Jabil from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Finally, Barclays boosted their target price on Jabil from $135.00 to $157.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.17.

Jabil Trading Down 0.7 %

Shares of JBL opened at $133.98 on Wednesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.72. Jabil has a 1-year low of $95.85 and a 1-year high of $156.94. The stock has a market cap of $14.96 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.57 and a beta of 1.25. The firm has a 50 day simple moving average of $129.98 and a 200-day simple moving average of $117.78.

Jabil (NYSE:JBL) last released its quarterly earnings results on Wednesday, December 18th. The technology company reported $2.00 earnings per share for the quarter, topping 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 the consensus estimate of $6.61 billion. During the same quarter last year, the business posted $2.60 earnings per share. Jabil’s revenue was down 16.6% compared to the same quarter last year. Equities analysts forecast that Jabil will post 7.89 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Insiders Place Their Bets

In other Jabil news, SVP Francis Mckay sold 11,755 shares of Jabil stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $121.71, for a total value of $1,430,701.05. Following the completion of the sale, the senior vice president now owns 41,507 shares in the company, valued at $5,051,816.97. The trade was a 22.07 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 transaction, the director now owns 139,108 shares in the company, valued at approximately $17,346,767.60. The trade was a 12.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 43,689 shares of company stock valued at $5,377,431 in the last ninety days. Insiders own 1.73% 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).