Jabil (NYSE:JBL – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.950-8.950 for the period, compared to the consensus earnings per share estimate of 10.150. The company issued revenue guidance of $27.9 billion-$27.9 billion, compared to the consensus revenue estimate of $28.7 billion. Jabil also updated its FY25 guidance to $8.95 EPS.
Analyst Ratings Changes
Several research firms have commented on JBL. Stifel Nicolaus reissued a “buy” rating and set a $160.00 target price (up previously from $150.00) on shares of Jabil in a research note on Thursday, December 19th. Barclays lifted their price objective on shares of Jabil from $157.00 to $179.00 and gave the stock an “overweight” rating in a research note on Friday, December 20th. UBS Group lifted their price objective on shares of Jabil from $128.00 to $152.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th. StockNews.com cut shares of Jabil from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Jabil from $160.00 to $179.00 and gave the stock a “buy” rating in a research note on Monday, February 24th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $158.83.
Get Our Latest Research Report on JBL
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last announced its earnings results on Thursday, March 20th. The technology company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.83 by $0.11. The company had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.40 billion. Jabil had a net margin of 4.71% and a return on equity of 41.87%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the company posted $1.68 earnings per share. On average, equities research analysts expect that Jabil will post 8.05 earnings per share for the current year.
Jabil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.22%. The ex-dividend date was Tuesday, February 18th. Jabil’s dividend payout ratio is currently 3.07%.
Insider Buying and Selling
In other Jabil news, Director Steven A. Raymund sold 20,000 shares of Jabil stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $151.30, for a total value of $3,026,000.00. Following the completion of the sale, the director now directly owns 119,108 shares in the company, valued at $18,021,040.40. The trade was a 14.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Frederic E. Mccoy sold 4,000 shares of Jabil stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $149.81, for a total transaction of $599,240.00. Following the completion of the sale, the executive vice president now owns 138,472 shares of the company’s stock, valued at $20,744,490.32. This trade represents a 2.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 77,400 shares of company stock worth $12,804,458. 1.73% of the stock is 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).
Recommended Stories
- Five stocks we like better than Jabil
- How to Calculate Inflation Rate
- Berkshire Hathaway Bets on Constellation Brands—Should You?
- Stock Market Sectors: What Are They and How Many Are There?
- Analysts Are Upgrading These 5 Software Stocks—Should You Buy?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 3 ETFs Every Investor Needs to Hedge S&P 500 Volatility
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.