21.5 C
New York
Saturday, June 3, 2023

Is Jabil Inc. (NYSE: JBL) No Longer A Good Investment?

After Hours

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 intact, with the stock’s consolidated last price rising by $0.44, or 0.50%, to $88.72. The Jabil Inc. has recorded 29,312 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Jabil to Present at Upcoming Conference.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

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 $88.28 and fluctuated between $88.71 as its day high and $85.73 as its day low. The current market capitalization of Jabil Inc. is $11.70B. A total of 1.12 million shares were traded on the day, compared to an average of 1.08M shares.

Insider Activity

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 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.


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 0.36%, and it has a price to earnings (P/E) ratio of 12.79. 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.

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 $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

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. 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

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, 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.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles