Jabil (NYSE:JBL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 8.650-8.650 for the period, compared to the consensus estimate of 8.620. The company issued revenue guidance of $27.0 billion-$27.0 billion, compared to the consensus revenue estimate of $27.2 billion. Jabil also updated its FY25 guidance to $8.65 EPS.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on JBL. Barclays increased their price target on Jabil from $135.00 to $157.00 and gave the company an overweight rating in a report on Friday. 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 note on Friday. UBS Group reduced their price target on Jabil from $130.00 to $120.00 and set a neutral rating on the stock in a research report on Friday, June 21st. JPMorgan Chase & Co. reduced their target price on shares of Jabil from $137.00 to $133.00 and set an overweight rating on the stock in a research report on Tuesday, September 3rd. Finally, Stifel Nicolaus raised their price target on shares of Jabil from $130.00 to $140.00 and gave the company a buy rating in a report on Friday. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of $145.75.
Get Our Latest Research Report on JBL
Jabil Trading Down 3.4 %
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings results on Thursday, September 26th. The technology company reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.08. Jabil had a return on equity of 40.30% and a net margin of 4.63%. The business had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.59 billion. During the same period in the prior year, the firm earned $2.34 EPS. The business’s quarterly revenue was down 17.7% on a year-over-year basis. On average, equities analysts forecast that Jabil will post 7.85 earnings per share for the current year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were given a $0.08 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.32 annualized dividend and a yield of 0.26%. Jabil’s dividend payout ratio is presently 2.91%.
Insider Transactions at Jabil
In other Jabil 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 owns 112,753 shares of the company’s stock, valued at approximately $13,126,704.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Frederic E. Mccoy sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $116.42, for a total value of $145,525.00. Following the completion of the sale, the executive vice president now directly owns 112,753 shares of the company’s stock, valued at approximately $13,126,704.26. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP May Yee Yap sold 4,274 shares of the 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 completion of the transaction, the senior vice president now owns 24,829 shares of the company’s stock, valued at $2,905,986.16. The disclosure for this sale can be found here. Insiders own 2.62% 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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