Jabil (NYSE:JBL – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 8.750-8.750 for the period, compared to the consensus 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.
Analyst Upgrades and Downgrades
JBL has been the topic of several recent research reports. Barclays lifted their price objective on Jabil from $135.00 to $157.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. StockNews.com upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. dropped their price objective on shares of Jabil from $137.00 to $133.00 and set an “overweight” rating for the company in a research note on Tuesday, September 3rd. Stifel Nicolaus lifted their target price on shares of Jabil from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, Bank of America increased their price target on shares of Jabil from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $145.17.
Check Out Our Latest Stock Report on Jabil
Jabil Trading Down 0.7 %
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, December 18th. The technology company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.12. The company had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.61 billion. Jabil had a net margin of 4.81% and a return on equity of 42.64%. Jabil’s quarterly revenue was down 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.60 earnings per share. Research analysts forecast that Jabil will post 7.89 earnings per share for the current fiscal year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date was Friday, November 15th. Jabil’s dividend payout ratio is currently 2.90%.
Insider Transactions at Jabil
In other Jabil news, EVP Frederic E. Mccoy sold 4,000 shares of the company’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 transaction, the executive vice president now owns 108,753 shares of the company’s stock, valued at approximately $12,908,981.10. This represents a 3.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matthew Crowley sold 1,380 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of $125.83, for a total value of $173,645.40. Following the completion of the transaction, the executive vice president now owns 18,568 shares in the company, valued at $2,336,411.44. The trade was a 6.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,689 shares of company stock worth $5,377,431. 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).
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