Jabil (NYSE:JBL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 8.950-8.950 for the period, compared to the consensus earnings per share estimate of 10.150. The company issued revenue guidance of $27.9 billion-$27.9 billion, compared to the consensus revenue estimate of $28.7 billion. Jabil also updated its FY25 guidance to $8.95 EPS.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Jabil from $172.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday. UBS Group raised their target price on shares of Jabil from $152.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday. Barclays raised their price target on shares of Jabil from $179.00 to $184.00 and gave the stock an “overweight” rating in a research note on Friday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $160.00 price target (up previously from $150.00) on shares of Jabil in a research note on Thursday, December 19th. Finally, StockNews.com raised shares of Jabil from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $167.50.
Get Our Latest Stock Report on Jabil
Jabil Trading Up 0.8 %
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Thursday, March 20th. The technology company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.11. The business had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.40 billion. Jabil had a net margin of 4.71% and a return on equity of 41.87%. The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 EPS. Equities analysts forecast that Jabil will post 8.05 EPS for the current fiscal year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Jabil’s dividend payout ratio (DPR) is 3.07%.
Insider Buying and Selling at Jabil
In other news, Director John C. Plant sold 50,000 shares of Jabil stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $172.55, for a total value of $8,627,500.00. Following the transaction, the director now owns 5,900 shares of the company’s stock, valued at $1,018,045. The trade was a 89.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Christopher S. Holland sold 3,400 shares of Jabil stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $162.27, for a total transaction of $551,718.00. Following the completion of the transaction, the director now directly owns 12,900 shares in the company, valued at approximately $2,093,283. The trade was a 20.86 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 77,400 shares of company stock valued at $12,804,458. Company insiders own 1.73% of the company’s stock.
About Jabil
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).
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