Key Points
- Jabil EVP Matthew Crowley sold 3,922 shares at an average price of $290, generating $1.14 million and reducing his direct holdings by 5.82% to 63,410 shares.
- Jabil exceeded quarterly expectations, reporting EPS of $4.40 versus a $4.05 estimate and revenue of $10.62 billion, up 28.6% year over year.
- Shares opened at $272.23, down 5.4%, despite a consensus “Buy” rating and an average analyst price target of $434.22; the company also declared a quarterly dividend of $0.08 per share.
Jabil, Inc. (NYSE:JBL - Get Free Report) EVP Matthew Crowley sold 3,922 shares of the stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $290.00, for a total transaction of $1,137,380.00. Following the completion of the transaction, the executive vice president directly owned 63,410 shares of the company's stock, valued at approximately $18,388,900. The trade was a 5.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Jabil Trading Down 5.4%
Shares of NYSE JBL opened at $272.23 on Friday. The business's 50 day moving average is $299.55 and its two-hundred day moving average is $306.75. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The stock has a market capitalization of $28.03 billion, a P/E ratio of 27.84, a PEG ratio of 0.87 and a beta of 1.30.
Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.05 by $0.35. The business had revenue of $10.62 billion during the quarter, compared to analyst estimates of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The company's revenue for the quarter was up 28.6% on a year-over-year basis. During the same period last year, the company earned $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. As a group, research analysts expect that Jabil, Inc. will post 16.53 EPS for the current year.
Jabil Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Monday, November 16th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil's dividend payout ratio is currently 3.27%.
Key Jabil News
Here are the key news stories impacting Jabil this week:
- Positive Sentiment: Sell-side analysts have newly assigned a “Buy” rating to Jabil, providing additional support for the stock’s investment case. Jabil Stock Now Rated Buy by Sell-Side Analysts
- Positive Sentiment: The average Wall Street price target implies approximately 46% potential upside. The article also points to positive earnings-estimate revisions, although price targets are not always reliable predictors of performance. Jabil Potential Rally and Wall Street Price Targets
- Neutral Sentiment: Jabil and Viavi are both benefiting from growing AI-infrastructure spending. The comparison highlights differences in growth, valuation and stock performance, suggesting investors are weighing Jabil’s AI exposure against competing opportunities. Jabil Versus Viavi AI Infrastructure Comparison
- Negative Sentiment: The stock has declined since its earnings release, indicating that investors may be taking profits or focusing on forward guidance and valuation despite Jabil’s recent earnings beat and strong revenue growth. Why Jabil Is Down Since Its Earnings Report
- Negative Sentiment: EVP Matthew Crowley sold 3,922 shares at an average of $290, reducing his position by 5.82%. A separate report also disclosed his sale of 473 shares at $273.97. Insider selling does not necessarily signal deteriorating fundamentals, but it can weigh on sentiment. Matthew Crowley Jabil Insider Transactions
Analysts Set New Price Targets
A number of research firms have recently commented on JBL. Weiss Ratings cut Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, September 16th. Barclays decreased their price target on Jabil from $426.00 to $378.00 and set an "overweight" rating for the company in a research note on Thursday, October 1st. JPMorgan Chase & Co. boosted their price objective on Jabil from $425.00 to $430.00 and gave the company an "overweight" rating in a report on Thursday, October 1st. Argus reaffirmed a "buy" rating and issued a $475.00 price objective on shares of Jabil in a research report on Thursday, October 1st. Finally, UBS Group reiterated a "buy" rating on shares of Jabil in a research note on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $434.22.
Read Our Latest Analysis on JBL
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Jabil during the 2nd quarter worth $3,905,704,000. Primecap Management Co. CA purchased a new stake in Jabil in the second quarter worth about $1,220,861,000. Bank of America Corp DE purchased a new stake in Jabil in the second quarter worth about $447,882,000. Bank of New York Mellon Corp bought a new position in Jabil during the 2nd quarter worth about $411,079,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Jabil by 8.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 720,472 shares of the technology company's stock worth $277,728,000 after acquiring an additional 57,506 shares in the last quarter. Institutional investors own 93.39% of the company's stock.
About Jabil
(
Get Free Report)
Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.
The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.
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