Jabil (NYSE:JBL) Issues FY25 Earnings Guidance

Jabil (NYSE:JBL) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $8.95 for the period, compared to the consensus EPS estimate of $8.74. The company issued revenue guidance of ~$27.9 billion, compared to the consensus revenue estimate of $27.31 billion. Jabil also updated its FY 2025 guidance to 8.950-8.950 EPS.

Jabil Stock Performance

NYSE:JBL opened at $139.29 on Thursday. The firm has a market capitalization of $15.21 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.65 and a beta of 1.19. The business’s fifty day moving average price is $156.35 and its 200 day moving average price is $137.62. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.06 and a quick ratio of 0.72. Jabil has a 12 month low of $95.85 and a 12 month high of $174.80.

Jabil (NYSE:JBL) last posted its earnings results on Thursday, March 20th. The technology company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.83 by $0.11. The firm had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.40 billion. Jabil had a return on equity of 41.87% and a net margin of 4.71%. Jabil’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.68 earnings per share. On average, sell-side analysts anticipate that Jabil will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend was Tuesday, February 18th. Jabil’s payout ratio is 3.07%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. The Goldman Sachs Group raised their price objective on Jabil from $160.00 to $179.00 and gave the stock a “buy” rating in a report on Monday, February 24th. StockNews.com lowered Jabil from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group boosted their price target on Jabil from $128.00 to $152.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Barclays boosted their price target on Jabil from $157.00 to $179.00 and gave the company an “overweight” rating in a research report on Friday, December 20th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $160.00 price target (up previously from $150.00) on shares of Jabil in a research report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Jabil presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.83.

Insider Activity at Jabil

In other Jabil news, Director Steven A. Raymund sold 20,000 shares of Jabil stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $151.30, for a total value of $3,026,000.00. Following the sale, the director now owns 119,108 shares of the company’s stock, valued at approximately $18,021,040.40. The trade was a 14.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Frederic E. Mccoy sold 4,000 shares of Jabil stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $149.81, for a total value of $599,240.00. Following the completion of the sale, the executive vice president now directly owns 138,472 shares in the company, valued at $20,744,490.32. This represents a 2.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,400 shares of company stock worth $12,804,458 in the last quarter. Company insiders own 1.73% of the company’s stock.

Jabil Company Profile

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).