Shares of Jabil, Inc. (NYSE:JBL – Get Free Report) have earned a consensus recommendation of “Buy” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $441.7778.
Several analysts have commented on JBL shares. Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. Bank of America reiterated a “buy” rating and set a $470.00 target price on shares of Jabil in a research report on Thursday, June 18th. Raymond James Financial raised their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their price target on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th.
Read Our Latest Stock Analysis on JBL
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, analysts forecast that Jabil will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 14th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.35% of the company’s stock.
Institutional Investors Weigh In On Jabil
Hedge funds and other institutional investors have recently made changes to their positions in the company. Rakuten Securities Inc. purchased a new stake in shares of Jabil during the 2nd quarter worth $25,000. Bell Investment Advisors Inc bought a new position in Jabil in the second quarter worth about $35,000. PenderFund Capital Management Ltd. purchased a new stake in shares of Jabil during the second quarter valued at about $44,000. Persistent Asset Partners Ltd bought a new stake in shares of Jabil in the 2nd quarter valued at about $45,000. Finally, Jones Financial Companies Lllp purchased a new position in shares of Jabil in the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Jabil Company Profile
Jabil Inc is a global manufacturing and technology solutions provider that helps companies design, manufacture and manage products across their lifecycles. Its services include product and process engineering, supply-chain management, procurement, manufacturing, assembly, testing, packaging and aftermarket services.
The company supports customers in a range of industries, including cloud and data infrastructure, automotive, healthcare, connected devices, consumer products, energy and industrial applications.
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