Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $8.95 for the period, compared to the consensus EPS estimate of $8.74. The company issued revenue guidance of ~$27.9 billion, compared to the consensus revenue estimate of $27.31 billion. Jabil also updated its FY 2025 guidance to 8.950-8.950 EPS.

Jabil Stock Up 0.8 %

JBL stock opened at $145.02 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 1.81. The business has a 50 day moving average price of $155.96 and a two-hundred day moving average price of $137.91. The company has a market cap of $15.83 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 1.65 and a beta of 1.19. Jabil has a twelve month low of $95.85 and a twelve month high of $174.80.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Thursday, March 20th. The technology company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.11. The firm had revenue of $6.73 billion during the quarter, compared to the consensus estimate of $6.40 billion. Jabil had a return on equity of 41.87% and a net margin of 4.71%. The business’s revenue was down .6% compared to the same quarter last year. During the same period last year, the company earned $1.68 earnings per share. Analysts anticipate that Jabil will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a $0.08 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.32 dividend on an annualized basis and a yield of 0.22%. Jabil’s dividend payout ratio is 3.07%.

Analysts Set New Price Targets

Several brokerages have recently commented on JBL. JPMorgan Chase & Co. lifted their target price on Jabil from $172.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday. Barclays lifted their target price on Jabil from $179.00 to $184.00 and gave the stock an “overweight” rating in a research note on Friday. StockNews.com upgraded Jabil from a “hold” rating to a “buy” rating in a research note on Friday. Stifel Nicolaus reiterated a “buy” rating and set a $160.00 target price (up from $150.00) on shares of Jabil in a research note on Thursday, December 19th. Finally, UBS Group lifted their target price on Jabil from $152.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $167.50.

Insider Activity at Jabil

In other Jabil news, EVP Frederic E. Mccoy sold 4,000 shares of Jabil stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $149.81, for a total value of $599,240.00. Following the completion of the transaction, the executive vice president now directly owns 138,472 shares of the company’s stock, valued at $20,744,490.32. The trade was a 2.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven A. Raymund sold 20,000 shares of Jabil stock in a transaction on Friday, January 10th. The shares were sold at an average price of $151.30, for a total value of $3,026,000.00. Following the completion of the transaction, the director now directly owns 119,108 shares of the company’s stock, valued at $18,021,040.40. This represents a 14.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,400 shares of company stock worth $12,804,458 in the last ninety days. 1.73% of the stock is owned by company 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).