Jabil (NYSE:JBL – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 8.750-8.750 for the period, compared to the consensus estimate of 8.690. The company issued revenue guidance of $27.3 billion-$27.3 billion, compared to the consensus revenue estimate of $27.0 billion. Jabil also updated its FY25 guidance to $8.75 EPS.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the company. Bank of America raised their price target on Jabil from $135.00 to $150.00 and gave the company a “buy” rating in a report on Friday, September 27th. UBS Group raised their price objective on Jabil from $128.00 to $152.00 and gave the company a “neutral” rating in a report on Thursday. Barclays increased their price objective on shares of Jabil from $135.00 to $157.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Stifel Nicolaus reiterated a “buy” rating and set a $160.00 target price (up from $150.00) on shares of Jabil in a research report on Thursday. Finally, StockNews.com downgraded Jabil from a “strong-buy” rating to a “buy” rating in a report on Thursday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.50.
Jabil Trading Down 2.3 %
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly 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 net margin of 4.81% and a return on equity of 42.64%. The business had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.61 billion. During the same quarter in the prior year, the company earned $2.60 EPS. The firm’s quarterly revenue was down 16.6% on a year-over-year basis. Equities analysts predict that Jabil will post 7.89 earnings per share for the current year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 15th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend was Friday, November 15th. Jabil’s dividend payout ratio (DPR) is presently 2.90%.
Insider Activity
In related news, Director Steven A. Raymund sold 20,000 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $124.70, for a total transaction of $2,494,000.00. Following the completion of the transaction, the director now owns 139,108 shares in the company, valued at $17,346,767.60. The trade was a 12.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Matthew Crowley sold 1,380 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of $125.83, for a total value of $173,645.40. Following the sale, the executive vice president now owns 18,568 shares of the company’s stock, valued at approximately $2,336,411.44. This represents a 6.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,689 shares of company stock worth $5,377,431 over the last 90 days. 1.73% of the stock is currently owned by corporate insiders.
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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