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Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
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Best Bear Market Funds: Top 3 Investment Options to Consider
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A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
NYSE:JBL

Jabil (JBL) Stock Price, News & Analysis

$135.91
+2.30 (+1.72%)
(As of 03/27/2024 ET)
Today's Range
$132.44
$136.21
50-Day Range
$123.15
$154.53
52-Week Range
$75.48
$156.94
Volume
1.02 million shs
Average Volume
1.77 million shs
Market Capitalization
$17.34 billion
P/E Ratio
11.67
Dividend Yield
0.24%
Price Target
$144.50

Jabil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.3% Upside
$144.50 Price Target
Short Interest
Bearish
4.56% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of Jabil in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$13.32 M Sold Last Quarter
Proj. Earnings Growth
28.10%
From $7.83 to $10.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.55 out of 5 stars

Computer And Technology Sector

345th out of 588 stocks

Printed Circuit Boards Industry

8th out of 10 stocks

JBL stock logo

About Jabil Stock (NYSE:JBL)

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). It also provides three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.

JBL Stock Price History

JBL Stock News Headlines

Jabil Stock Implodes: Market Manufactures Entry for New Money
Jabil Inc. NYSE: JBL stock price is down 10% in early trading, extending a decline that began before the Q2 release and may fall further. However, the decline is due more to market mechanics than the results or outlook, setting this market up to resume its trend soon.
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Jabil Stock Implodes: Market Manufactures Entry for New Money
JBL had a weak quarter after selling its mobility business; Guidance is also weak, but a turning point is close, and growth will resume next year.
StockNews.com Downgrades Jabil (NYSE:JBL) to Hold
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Jabil (NYSE:JBL) Rating Lowered to Hold at Argus
JBL Jun 2025 200.000 call
JBL Apr 2024 105.000 call
Jabil (NYSE:JBL) Upgraded by StockNews.com to Buy
Jabil (NYSE:JBL) Updates Q3 Earnings Guidance
Jabil (NYSE:JBL) Updates FY24 Earnings Guidance
Jabil (NYSE:JBL) Releases Q3 2024 Earnings Guidance
Jabil Inc. (NYSE:JBL) Short Interest Update
Jabil (JBL) Gets a Buy from Barclays
Jabil Inc. (JBL) Q2 2024 Earnings Call Transcript
Jabil Inc. (NYSE:JBL) Q2 2024 Earnings Call Transcript
Jabil stock falls on Q2 revenue miss, weak forecast
See More Headlines
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Company Calendar

Last Earnings
12/14/2023
Ex-Dividend for 3/4 Dividend
2/14/2024
Dividend Payable
3/04/2024
Today
3/27/2024
Next Earnings (Estimated)
6/20/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
CUSIP
46631310
Employees
236,000
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$144.50
High Stock Price Target
$161.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+6.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$818 million
Pretax Margin
3.58%

Debt

Sales & Book Value

Annual Sales
$33.45 billion
Cash Flow
$15.82 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
124,204,000
Market Cap
$17.33 billion
Optionable
Optionable
Beta
1.41

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Should I Buy Jabil Stock? JBL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Jabil was last updated on Monday, March 25, 2024 at 11:14 PM.

Pros

Here are some ways that investors could benefit from investing in Jabil Inc.:

  • Jabil Inc. provides manufacturing services and solutions worldwide, operating in segments like Electronics Manufacturing Services and Diversified Manufacturing Services, offering a diverse range of services from electronics design to product management.
  • The company specializes in electronic circuit design services, including firmware development and rapid prototyping, staying at the forefront of technological advancements in the industry.
  • Jabil Inc. offers product and process validation services, ensuring product safety, regulatory compliance, and reliability tests are met, which can enhance investor confidence in the company's offerings.
  • The company serves various industries such as 5G, wireless and cloud, automotive, healthcare, and more, showcasing a broad market reach and potential for growth.
  • Investors may find the current stock price of Jabil Inc. attractive, considering recent market trends and the company's performance.

Cons

Investors should be bearish about investing in Jabil Inc. for these reasons:

  • Market volatility and economic uncertainties can impact the manufacturing sector, potentially affecting Jabil Inc.'s operations and financial performance.
  • Competition in the electronic manufacturing services industry is intense, with other players vying for market share, which could pose challenges for Jabil Inc.'s growth prospects.
  • Global supply chain disruptions or geopolitical issues may impact Jabil Inc.'s supply chain and production capabilities, leading to potential delays or increased costs.
  • Fluctuations in demand for electronic products or changes in consumer preferences could affect Jabil Inc.'s revenue streams and profitability.
  • Investors should consider the overall market conditions and industry trends before making investment decisions related to Jabil Inc.

JBL Stock Analysis - Frequently Asked Questions

Should I buy or sell Jabil stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" JBL shares.
View JBL analyst ratings
or view top-rated stocks.

What is Jabil's stock price target for 2024?

7 analysts have issued 1 year target prices for Jabil's stock. Their JBL share price targets range from $125.00 to $161.00. On average, they predict the company's stock price to reach $144.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for JBL
or view top-rated stocks among Wall Street analysts.

How have JBL shares performed in 2024?

Jabil's stock was trading at $127.40 at the beginning of 2024. Since then, JBL stock has increased by 6.7% and is now trading at $135.91.
View the best growth stocks for 2024 here
.

Are investors shorting Jabil?

Jabil saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 5,620,000 shares, an increase of 22.7% from the February 29th total of 4,580,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the short-interest ratio is presently 4.1 days. Currently, 4.6% of the company's shares are sold short.
View Jabil's Short Interest
.

When is Jabil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 20th 2024.
View our JBL earnings forecast
.

How were Jabil's earnings last quarter?

Jabil Inc. (NYSE:JBL) announced its earnings results on Thursday, December, 14th. The technology company reported $2.60 EPS for the quarter, topping the consensus estimate of $2.58 by $0.02. The technology company earned $8.39 billion during the quarter, compared to the consensus estimate of $8.35 billion. Jabil had a net margin of 4.70% and a trailing twelve-month return on equity of 39.27%. The business's revenue for the quarter was down 13.0% compared to the same quarter last year. During the same period last year, the firm earned $1.61 earnings per share.

How often does Jabil pay dividends? What is the dividend yield for Jabil?

Jabil announced a quarterly dividend on Thursday, January 25th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.08 per share on Monday, March 4th. This represents a $0.32 annualized dividend and a dividend yield of 0.24%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for JBL
.

Is Jabil a good dividend stock?

Jabil (NYSE:JBL) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.24%. The dividend payout ratio is 2.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBL will have a dividend payout ratio of 3.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JBL.

How will Jabil's stock buyback program work?

Jabil announced that its Board of Directors has approved a share buyback program on Thursday, September 28th 2023, which allows the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 15.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

What guidance has Jabil issued on next quarter's earnings?

Jabil updated its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of 8.400-8.400 for the period, compared to the consensus EPS estimate of 8.990. The company issued revenue guidance of $28.5 billion-$28.5 billion, compared to the consensus revenue estimate of $30.5 billion.

What is Mark Mondello's approval rating as Jabil's CEO?

493 employees have rated Jabil Chief Executive Officer Mark Mondello on Glassdoor.com. Mark Mondello has an approval rating of 94% among the company's employees. This puts Mark Mondello in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Jabil own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Jabil investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Advanced Micro Devices (AMD), QUALCOMM (QCOM), AT&T (T), JPMorgan Chase & Co. (JPM), Applied Materials (AMAT) and Alibaba Group (BABA).

Who are Jabil's major shareholders?

Jabil's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.82%), Vanguard Group Inc. (11.82%), Primecap Management Co. CA (2.92%), Wellington Management Group LLP (2.45%), LSV Asset Management (2.12%) and Dimensional Fund Advisors LP (1.56%). Insiders that own company stock include Anousheh Ansari, Bruce Allan Johnson, Christopher S Holland, Daryn G Smith, David M Stout, Francis Mckay, Frederic E Mccoy, Gerald Creadon, Kenneth S Wilson, Kristine Melachrino, Mark T Mondello, Martha Brooks, May Yee Yap, Michael Dastoor, Michael J Loparco, Robert L Katz, Roberto Ferri, Steven A Raymund, Steven D Borges, Thomas A Sansone and Thomas A Sansone.
View institutional ownership trends
.

How do I buy shares of Jabil?

Shares of JBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Jabil have any subsidiaries?
The following companies are subsidiares of Jabil: AOC Technologies (Wuhan) Co. Ltd., AOC Technologies Inc., Badger Technologies LLC, Celetronix, Celetronix India Private Limited, Celetronix USA Inc., Clothing Plus MBU Oy, Clothing Plus Zhejiang Ltd., Clothing+, Eco.logic Brands Inc., Ecologic Brands, F-I Holding Company, GET Manufacturing, Green Point (Suzhou) Technology Co. Ltd., Green Point (Tianjin) Precision Electronic Co. Ltd., Green Point (Wuxi) Electronic Technology Co. Ltd., Green Point Precision (M) Sdn. Bhd., Green Point Technology (Shenzhen) Co. Ltd., Green Point Technology (Wuxi) Co. Ltd., Green Prosperity Co. Ltd., Greenam Electricity (Proprietary) Limited, Inala, JCI Labuan Limited, JN Global Holdings C.V., Jabil (Mauritius) Holdings Ltd., Jabil AMS LLC, Jabil Advanced Mechanical Solutions Inc., Jabil Advanced Mechanical Solutions de Mexico S. de R.L. de C.V., Jabil Canada Corporation, Jabil Cares Foundation Inc., Jabil Circuit (BVI) Inc., Jabil Circuit (Beijing) Ltd., Jabil Circuit (Guangzhou) Ltd., Jabil Circuit (Shanghai) Co. Ltd., Jabil Circuit (Singapore) Pte. Ltd., Jabil Circuit (Wuxi) Co. Ltd., Jabil Circuit Austria GmbH, Jabil Circuit Belgium N.V., Jabil Circuit Cayman L.P., Jabil Circuit China Limited, Jabil Circuit Financial II Inc., Jabil Circuit Hong Kong Limited, Jabil Circuit Hungary Contract Manufacturing Services Ltd., Jabil Circuit India Private Limited, Jabil Circuit Investment (China) Co. Ltd, Jabil Circuit Italia S.r.l., Jabil Circuit Limited, Jabil Circuit Luxembourg II S.à.r.l., Jabil Circuit Luxembourg S.à.r.l., Jabil Circuit Netherlands B.V., Jabil Circuit SAS, Jabil Circuit Sdn. Bhd., Jabil Circuit Technology LLC, Jabil Circuit Ukraine Limited, Jabil Circuit de Chihuahua S. de R.L. de C.V., Jabil Circuit de Mexico S. de R.L. de C.V., Jabil Circuit of Michigan Inc., Jabil DR S.R.L., Jabil Defense and Aerospace Services LLC, Jabil Denmark Aps, Jabil Dutch Mexico B.V., Jabil EMS Switzerland GmbH, Jabil Electronics (Weihai) Co. Ltd., Jabil Energy (Namibia) (PTY) Ltd., Jabil Green Point Precision Electronics (Wuxi) Co. Ltd., Jabil Green Point Technology (Huizhou) Co. Ltd., Jabil Healthcare DR S.R.L., Jabil Hungary LP Services Limited Liability Company, Jabil India Manufacturing Private Limited, Jabil Industrial do Brasil Ltda., Jabil International Holding II S. de R.L. de C.V., Jabil International Holding S. de R.L. de C.V., Jabil International Treasury Pte. Ltd, Jabil Investment Pte. Ltd., Jabil Israel Ltd., Jabil Japan Inc., Jabil Korea International Limited, Jabil Limited Liability Company, Jabil Mexico Holding S. de R.L. de C.V., Jabil Mexico Investment S. de R.L. de C.V., Jabil Monterrey S. de R.L. de C.V., Jabil Nypro Holding LLC, Jabil Nypro I LLC, Jabil Nypro II LLC, Jabil Nypro International B.V., Jabil Optics Germany GmbH, Jabil Poland Sp. z.o.o., Jabil Precision Industry (Guangzhou) Co. Ltd., Jabil Science & Telecommunication Trading (Wuxi) Co. Ltd., Jabil Sdn. Bhd., Jabil Services Korea Limited, Jabil Silver Creek Inc., Jabil South Africa (Pty) LTD, Jabil Switzerland Manufacturing GmbH, Jabil Technology (Chengdu) Co. Ltd, Jabil Technology and Trading (Wuxi) Co. Ltd., Jabil Torres S. de R.L. de C.V., Jabil Tuttlingen Manufacturing GmbH, Jabil Umkirch Manufacturing GmbH, Jabil Vietnam Company Limited, Jabil do Brasil Indústria Eletroeletrônica Ltda., Kasalis, Kasalis Inc., Kuatro Technologies, Kuatro Ukraine LLC, Manna Renewable Energy Investments Two (Pty) Ltd, N P Medical Inc., NPA de Mexico S. de R.L. de C.V., Nypro, Nypro Atlanta LLC, Nypro China Holdings Limited, Nypro DR LLC, Nypro Deutschland GmbH, Nypro Guadalajara S.A. de C.V., Nypro Healthcare Baja Inc., Nypro Healthcare GmbH, Nypro Healthcare LLC, Nypro Inc., Nypro Iowa Inc., Nypro Limited, Nypro Monterrey Management S. de R.L. de C.V., Nypro Plastics & Metal Products (Shenzhen) Co. Ltd., Nypro Plastics & Molding Products (Suzhou) Co. Ltd., Nypro Puerto Rico Inc., Nypro Research and Developments Limited, Nypro Spain Holding S.L.U., Nypro de la Frontera S. de R.L. de C.V., NyproMold Chicago Inc., NyproMold Inc., NyproMold Investment Corp., PT Jabil Circuit Indonesia, Plasticast Hungary Korlátolt Felelõsségû Társaság, Plasticos Castella S.A.U., Radius Chicago LLC, Radius Hong Kong Limited, Radius Product Development Inc., Roosevelt Insurance Company Ltd., S.M.R. Metal Ltd., Shemer Group, Shemer Motion (2009) Ltd., Taiwan Green Point Enterprises, Taiwan Green Point Enterprises Co. Ltd., Telmar Network Technology, TrueTech, Westing Green (Tianjin) Plastic Co. Ltd, Wolfe Engineering, Wolfe Engineering (Shanghai) Co. Ltd., Yen Investments 140 (Proprietary) Limited, and YouTransactor SAS.
Read More
This page (NYSE:JBL) was last updated on 3/28/2024 by MarketBeat.com Staff

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