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. Most recently, Yahoo Finance reported about the stock as it publicized that MaxLinear and Jabil Announce Silicon Photonics-Based Pluggable 800G Optical Module Production Availability.

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Stocks Info

JBL belongs to the Technology sector of the NYSE while operating in the Electronic Components industry. The current market capitalization of Jabil Inc is $17.09B. A total of 1.01 million shares were traded on the day, compared to an average of 1.40M shares.

In the most recent transaction, MONDELLO MARK T sold 50,000 shares of JBL for 126.09 per share on Mar 19 ’24. After the transaction, the Executive Chairman now owns 1,809,194 company shares. In a previous transaction on Jan 29 ’24, STOUT DAVID M sold 31,300 shares at 123.12 per share. JBL shares that Director owns now total 67,300.

Among the insiders who sold shares, Ferri Roberto disposed of 6,183 shares on Jan 11 ’24 at a per-share price of $129.97. This resulted in the SVP, Global Sales holding 37,512 shares of JBL after the transaction. In another insider transaction, BORGES STEVEN D sold 14,175 shares at $130.00 per share on Jan 03 ’24. Company shares held by the EVP, CEO, DMS now total 103,086.

Dividend

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 0.24%, and it has a price to earnings (P/E) ratio of 11.49. JBL’s most recent ex-dividend date was 2/14/2024 when it declared a $0.08 quarterly dividend that was paid in cash on 3/4/2024. Previously, the company paid the dividend on 12/4/2023 with an ex-dividend date of 11/14/2023. 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. In terms of 52-week highs and lows, JBL has a high of $156.94 and a low of $75.48.

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 $1.93 per share and a lower estimate of $1.77. The company reported an EPS of $2.6 in the last quarter, which was 0.80% higher than expectations of $2.58.

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 $19.71, 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 4.50.

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