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Tuesday, June 6, 2023

The Street Is Finally Waking Up To Jabil Inc. (NYSE: JBL)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Jabil Inc. (JBL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.36, or -0.45%, to $79.69. The Jabil Inc. has recorded 15,261 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Jabil to Present at Upcoming Conference.

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Stocks Info

Jabil Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Electronic Components industry. At the end of the last regular session, the stock closed at $80.05 and fluctuated between $80.42 as its day high and $79.08 as its day low. The current market capitalization of Jabil Inc. is $10.56B. A total of 0.6 million shares were traded on the day, compared to an average of 1.11M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, JBL has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 9,680 shares. Over the last 12 months, there were 43 BUYs and 98 SELLs from insiders. Insiders purchased 691,795 shares during that period but sold 650,888.

In the most recent transaction, BORGES STEVEN D sold 8,483 shares of JBL for 83.40 per share on Mar 22. After the transaction, the EVP, CEO, DMS now owns 159,129 company shares. In a previous transaction on Mar 22, McKay Francis sold 1,197 shares at 82.91 per share. JBL shares that SVP, Chief Procurement Officer owns now total 51,084.

Among the insiders who sold shares, Dastoor Michael disposed of 9,097 shares on Jan 31 at a per-share price of $77.89. This resulted in the EVP, CFO holding 161,607 shares of JBL after the transaction. In another insider transaction, Katz Robert L sold 4,970 shares at $77.00 per share on Jan 31. Company shares held by the EVP, CLO & Asst Corp Secretary now total 95,322.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Jabil Inc. pays an annual dividend of $0.32, resulting in a dividend yield of 0.40%, and it has a price to earnings (P/E) ratio of 11.60. JBL’s most recent ex-dividend date was 5/12/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 6/2/2023. Previously, the company paid the dividend on 3/2/2023 with an ex-dividend date of 2/14/2023. The JBL stock dividend was $0.08 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for JBL in the last 3 months, the mean price target is $95.25 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 $89.10 and a low of $48.80.

As of this writing, JBL has an earnings estimate of $1.87 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.93 per share and a lower estimate of $1.8. The company reported an EPS of $2.31 in the last quarter, which was 3.10% higher than expectations of $2.24.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. JBL’s latest balance sheet shows that the firm has $1.57B in Cash & Short Term Investments as of fiscal 2021. There were $3.32B in debt and $10.68B in liabilities at the time. Its Book Value Per Share was $20.01, while its Total Shareholder’s Equity was $2.14B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.71.

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