After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Jabil Inc. (JBL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -0.04%, to $85.24. The Jabil Inc. has recorded 11,658 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Jabil’s Second Quarter of Fiscal Year 2023 Earnings Announcement Set.
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JBL belongs to the Technology sector of the NYSE while operating in the Electronic Components industry. At the end of the last regular session, the stock closed at $85.27 and fluctuated between $85.70 as its day high and $84.30 as its day low. The current market capitalization of Jabil Inc. is $11.21B. A total of 0.97 million shares were traded on the day, compared to an average of 1.30M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, JBL has seen 0 BUY and 33 SELL insider trades, representing the acquisition of 0 and the disposition of 264,036 shares. Over the last 12 months, there were 45 BUYs and 98 SELLs from insiders. Insiders purchased 711,795 shares during that period but sold 654,199.
In the most recent transaction, Dastoor Michael sold 9,097 shares of JBL for 77.89 per share on Jan 31. After the transaction, the EVP, CFO now owns 161,607 company shares. In a previous transaction on Jan 31, Katz Robert L sold 4,970 shares at 77.00 per share. JBL shares that EVP, CLO & Asst Corp Secretary owns now total 95,322.
Among the insiders who sold shares, BROOKS MARTHA disposed of 18,000 shares on Jan 24 at a per-share price of $81.36. This resulted in the Director holding 71,900 shares of JBL after the transaction. In another insider transaction, Dastoor Michael sold 10,902 shares at $81.05 per share on Jan 24. Company shares held by the EVP, CFO now total 176,607.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Jabil Inc. pays an annual dividend of $0.32, resulting in a dividend yield of 0.38%, and it has a price to earnings (P/E) ratio of 12.36. JBL’s most recent ex-dividend date was 2/14/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 3/2/2023. Previously, the company paid the dividend on 12/2/2022 with an ex-dividend date of 11/14/2022. The JBL stock dividend was $0.08 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for JBL in the last 3 months, the mean price target is $87.90 with high estimates of $110.00 and low estimates of $78.00. In terms of 52-week highs and lows, JBL has a high of $84.92 and a low of $48.80.
As of this writing, JBL has an earnings estimate of $1.85 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.92 per share and a lower estimate of $1.8. The company reported an EPS of $2.34 in the last quarter, which was 9.30% higher than expectations of $2.14.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JBL is Hold with a score of 4.71. A total of 9 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.