Jabil, Inc. (NYSE:JBL) Stock Has Average Price Target of $434.22

Jabil, Inc. (NYSE:JBL) has been assigned an average rating of “Buy” from the eleven research firms that are covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $434.22.

JBL has been the topic of several recent analyst reports. Argus reiterated a “buy” rating and issued a $475.00 target price on shares of Jabil in a research note on Thursday, October 1st. The Goldman Sachs Group reduced their price target on shares of Jabil from $482.00 to $375.00 and set a “buy” rating for the company in a research report on Tuesday, September 8th. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Raymond James Financial upped their price target on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. Finally, Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th.

Jabil Price Performance

Shares of NYSE JBL opened at $306.95 on Monday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99. Jabil has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock has a market cap of $32.16 billion, a PE ratio of 31.39, a price-to-earnings-growth ratio of 0.92 and a beta of 1.30. The stock has a fifty day moving average of $316.70 and a 200-day moving average of $327.78.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.05 by $0.35. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The business had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the firm posted $3.29 EPS. The firm’s quarterly revenue was up 28.6% on a year-over-year basis. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities research analysts anticipate that Jabil will post 16.53 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 14th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 3.27%.

Hedge Funds Weigh In On Jabil

A number of institutional investors have recently added to or reduced their stakes in JBL. Empirical Finance LLC raised its holdings in shares of Jabil by 0.6% during the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after buying an additional 31 shares in the last quarter. Assetmark Inc. lifted its position in Jabil by 10.6% in the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after buying an additional 33 shares during the last quarter. Root Financial Partners LLC boosted its stake in Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after buying an additional 43 shares in the last quarter. Cidel Asset Management Inc. boosted its stake in Jabil by 4.8% in the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after buying an additional 45 shares in the last quarter. Finally, Groupe la Francaise grew its position in Jabil by 6.4% during the second quarter. Groupe la Francaise now owns 795 shares of the technology company’s stock valued at $307,000 after acquiring an additional 48 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors.

About Jabil

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.