Jabil (NYSE:JBL) Releases FY25 Earnings Guidance

Jabil (NYSE:JBL) issued an update on its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $8.75 for the period, compared to the consensus earnings per share estimate of $8.69. The company issued revenue guidance of $27.30 billion, compared to the consensus revenue estimate of $27.03 billion. Jabil also updated its FY 2025 guidance to 8.750-8.750 EPS.

Wall Street Analyst Weigh In

JBL has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price target on Jabil from $137.00 to $133.00 and set an “overweight” rating for the company in a research note on Tuesday, September 3rd. Bank of America increased their target price on Jabil from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, September 27th. The Goldman Sachs Group lifted their price target on Jabil from $136.00 to $145.00 and gave the stock a “buy” rating in a research note on Wednesday. Stifel Nicolaus raised their price objective on Jabil from $140.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Finally, Barclays upped their target price on shares of Jabil from $135.00 to $157.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $142.50.

Jabil Price Performance

Shares of JBL stock opened at $143.69 on Thursday. The firm’s 50-day moving average is $130.37 and its two-hundred day moving average is $117.96. Jabil has a 12 month low of $95.85 and a 12 month high of $156.94. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.72. The company has a market capitalization of $16.05 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 1.57 and a beta of 1.25.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, December 18th. The technology company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.12. Jabil had a return on equity of 42.64% and a net margin of 4.81%. The company had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.61 billion. During the same quarter last year, the firm earned $2.60 earnings per share. The firm’s quarterly revenue was down 16.6% compared to the same quarter last year. Analysts predict that Jabil will post 7.89 earnings per share for the current year.

Jabil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend was Friday, November 15th. Jabil’s dividend payout ratio (DPR) is presently 2.90%.

Insider Transactions at Jabil

In other news, Director Steven A. Raymund sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $124.70, for a total value of $2,494,000.00. Following the completion of the transaction, the director now owns 139,108 shares of the company’s stock, valued at approximately $17,346,767.60. This trade represents a 12.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Frederic E. Mccoy sold 4,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 108,753 shares in the company, valued at approximately $12,908,981.10. The trade was a 3.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,689 shares of company stock worth $5,377,431. 1.73% of the stock is currently owned by 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).