Jabil, Inc. (NYSE:JBL) Stock Has Average Price Target of $434.22 According to Analysts

Shares of Jabil, Inc. (NYSE:JBL) have received an average rating of “Buy” from the eleven research firms that are presently covering the firm, Marketbeat reports. Nine analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $437.22.

Several equities research analysts have commented on JBL shares. Barclays cut their target price on Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. UBS Group reaffirmed a “buy” rating and issued a $430.00 price objective on shares of Jabil in a research report on Thursday, October 8th. The Goldman Sachs Group raised their price objective on shares of Jabil from $375.00 to $397.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Bank of America raised their price target on shares of Jabil from $470.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday, September 24th. Finally, Argus reissued a “buy” rating and set a $475.00 target price on shares of Jabil in a report on Thursday, October 1st.

Jabil Trading Up 1.8%

JBL opened at $271.27 on Friday. The firm’s fifty day moving average is $297.94 and its two-hundred day moving average is $307.03. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99. The firm has a market cap of $27.93 billion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 0.80 and a beta of 1.34. Jabil has a twelve month low of $189.60 and a twelve month high of $428.93.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The firm had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $9.69 billion. During the same period in the previous year, the firm earned $3.29 earnings per share. The company’s revenue was up 28.6% on a year-over-year basis. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities research analysts anticipate that Jabil will post 16.53 EPS for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Monday, November 16th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s payout ratio is 3.27%.

Insider Transactions at Jabil

In related news, EVP Matthew Crowley sold 3,922 shares of the business’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $290.00, for a total transaction of $1,137,380.00. Following the sale, the executive vice president owned 63,410 shares in the company, valued at $18,388,900. The trade was a 5.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $277.16, for a total value of $277,160.00. Following the completion of the transaction, the senior vice president directly owned 37,314 shares of the company’s stock, valued at $10,341,948.24. This represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. 1.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JBL. Rakuten Securities Inc. purchased a new stake in Jabil in the 2nd quarter worth about $25,000. Bell Investment Advisors Inc purchased a new position in Jabil in the second quarter worth $35,000. PenderFund Capital Management Ltd. purchased a new position in shares of Jabil during the 2nd quarter valued at about $44,000. Persistent Asset Partners Ltd bought a new stake in shares of Jabil in the 2nd quarter worth approximately $45,000. Finally, Jones Financial Companies Lllp purchased a new stake in Jabil during the second quarter valued at about $46,000. 93.39% of the stock is owned by institutional investors.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.