Are Analysts Expecting A Better 2020 For Jabil Inc (JBL)?

Jabil Inc (JBL) concluded trading on Wednesday at a closing price of $143.69, with 4.73 million shares of worth about $679.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.54% during that period and on December 18, 2024 the price saw a gain of about 7.26%. Currently the company’s common shares owned by public are about 113.74M shares, out of which, 106.97M shares are available for trading.

Stock saw a price change of 7.48% in past 5 days and over the past one month there was a price change of 12.00%. Year-to-date (YTD), JBL shares are showing a performance of 12.79% which increased to 10.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $95.85 but also hit the highest price of $156.94 during that period. The average intraday trading volume for Jabil Inc shares is 1.32 million. The stock is currently trading 6.97% above its 20-day simple moving average (SMA20), while that difference is up 10.37% for SMA50 and it goes to 18.90% higher than SMA200.

Jabil Inc (NYSE: JBL) currently have 113.74M outstanding shares and institutions hold larger chunk of about 95.27% of that.

The stock has a current market capitalization of $16.05B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 13.04, while it has posted earnings per share of $11.02 in the same period. Its PEG reads 1.21 and has Quick Ratio of 0.72 while making debt-to-equity ratio of 2.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JBL, volatility over the week remained 2.68% while standing at 1.97% over the month.

Stock’s fiscal year EPS is expected to rise by 2.71% while it is estimated to increase by 15.10% in next year. EPS is likely to shrink at an annualized rate of 10.82% for next 5-years, compared to annual growth of 43.90% made by the stock over the past 5-years.

Coverage by Barclays stated Jabil Inc (JBL) stock as an Overweight in their note to investors on January 17, 2024, suggesting a price target of $151 for the stock. On September 07, 2023, Barclays Initiated their recommendations, while on July 05, 2023, JP Morgan Resumed their ratings for the stock with a price target of $110. Stock get a Neutral rating from UBS on December 13, 2022.

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