Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $8.65 for the period, compared to the consensus EPS estimate of $8.64. The company issued revenue guidance of $27.0 billion, compared to the consensus revenue estimate of $27.04 billion. Jabil also updated its FY 2025 guidance to 8.650-8.650 EPS.

Analysts Set New Price Targets

Several brokerages have issued reports on JBL. Barclays raised their price target on Jabil from $135.00 to $157.00 and gave the company an overweight rating in a report on Friday. UBS Group reduced their target price on shares of Jabil from $130.00 to $120.00 and set a neutral rating for the company in a report on Friday, June 21st. JPMorgan Chase & Co. lowered their price target 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. Stifel Nicolaus raised their price objective on shares of Jabil from $130.00 to $140.00 and gave the stock a buy rating in a research report on Friday. Finally, Bank of America increased their target price on Jabil from $135.00 to $150.00 and gave the stock a buy rating in a research note on Friday. Two 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 company. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average target price of $145.75.

Jabil Trading Down 3.4 %

Shares of NYSE:JBL opened at $122.31 on Friday. The business’s 50 day simple moving average is $107.42 and its 200 day simple moving average is $116.72. Jabil has a 1 year low of $95.85 and a 1 year high of $156.94. 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 company has a market capitalization 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 (NYSE:JBL) last posted its quarterly earnings results on Thursday, September 26th. The technology company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.08. Jabil had a return on equity of 40.30% and a net margin of 4.63%. The business had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $6.59 billion. During the same quarter in the previous year, the firm earned $2.34 earnings per share. Jabil’s revenue for the quarter was down 17.7% compared to the same quarter last year. On average, research analysts anticipate that Jabil will post 7.85 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Insider Buying and Selling

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

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).