Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $8.65 for the period, compared to the consensus 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.

Analyst Ratings Changes

A number of research firms recently issued reports on JBL. Bank of America boosted their target price on shares of Jabil from $135.00 to $150.00 and gave the company a buy rating in a research report on Friday. UBS Group reduced their target price on Jabil from $130.00 to $120.00 and set a neutral rating for the company in a research note on Friday, June 21st. Stifel Nicolaus boosted their target price on Jabil from $130.00 to $140.00 and gave the company a buy rating in a research report on Friday. JPMorgan Chase & Co. cut their price target on Jabil from $137.00 to $133.00 and set an overweight rating on the stock in a report on Tuesday, September 3rd. Finally, Barclays upped their target price on Jabil from $135.00 to $157.00 and gave the stock an overweight rating in a research report on Friday. Two investment 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 MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $145.75.

Jabil Stock Down 3.4 %

Shares of NYSE:JBL opened at $122.31 on Friday. The business’s 50 day moving average is $107.42 and its 200 day moving average is $116.72. Jabil has a 12-month low of $95.85 and a 12-month high of $156.94. The stock has a market cap of $13.88 billion, a price-to-earnings ratio of 11.13, a PEG ratio of 2.23 and a beta of 1.25. The company has a quick ratio of 0.74, a current ratio of 1.13 and a debt-to-equity ratio of 1.26.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Thursday, September 26th. The technology company reported $2.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.08. Jabil had a net margin of 4.63% and a return on equity of 40.30%. The firm had revenue of $6.96 billion for the quarter, compared to the consensus estimate of $6.59 billion. During the same period in the previous year, the firm earned $2.34 EPS. The business’s revenue for the quarter was down 17.7% compared to the same quarter last year. On average, sell-side analysts forecast that Jabil will post 7.85 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The company also recently announced 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 was Thursday, August 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.26%. Jabil’s dividend payout ratio is currently 2.91%.

Insider Activity at Jabil

In other news, EVP Frederic E. Mccoy sold 1,250 shares of Jabil stock in a transaction on Monday, July 15th. The stock was sold at an average price of $116.42, for a total transaction of $145,525.00. Following the sale, the executive vice president now directly owns 112,753 shares in the company, valued at approximately $13,126,704.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP May Yee Yap sold 4,274 shares of the company’s stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $117.04, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Frederic E. Mccoy sold 1,250 shares of the firm’s stock in a transaction 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 directly owns 112,753 shares of the company’s stock, valued at $13,126,704.26. The disclosure for this sale can be found here. 2.62% of the stock is currently owned by company insiders.

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).