Jabil, Inc. (NYSE:JBL) Receives $441.78 Consensus Price Target from Brokerages

Jabil, Inc. (NYSE:JBLGet Free Report) has been assigned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $441.7778.

A number of research firms have recently issued reports on JBL. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. The Goldman Sachs Group lowered their price target on Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a report on Tuesday. Barclays upped their price target on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 31st.

Check Out Our Latest Report on Jabil

Jabil Stock Performance

Jabil stock opened at $317.78 on Thursday. Jabil has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The firm’s 50 day simple moving average is $321.56 and its 200-day simple moving average is $320.92. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The company has a market cap of $33.30 billion, a P/E ratio of 39.67, a price-to-earnings-growth ratio of 0.72 and a beta of 1.29.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the prior year, the firm earned $2.55 EPS. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. 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, equities research analysts predict that Jabil will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, August 14th. Jabil’s dividend payout ratio is 4.00%.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On Jabil

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Todd Asset Management LLC lifted its holdings in shares of Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after acquiring an additional 6,179 shares during the period. Jefferies Financial Group Inc. bought a new stake in Jabil in the fourth quarter valued at about $7,061,000. Jackson Creek Investment Advisors LLC raised its position in Jabil by 386.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after purchasing an additional 8,968 shares in the last quarter. Western Wealth Management LLC acquired a new position in Jabil in the first quarter worth about $1,333,000. Finally, Deutsche Bank AG bought a new position in Jabil during the second quarter worth about $207,874,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

About Jabil

(Get Free Report)

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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Analyst Recommendations for Jabil (NYSE:JBL)

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