Jabil Inc [JBL] stock is trading at $108.61, up 1.63%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JBL shares have gain 5.17% over the last week, with a monthly amount drifted -3.17%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Jabil Inc [NYSE: JBL] stock has seen the most recent analyst activity on March 19, 2024, when Argus downgraded its rating to a Hold. Previously, Barclays reaffirmed its Overweight rating on January 17, 2024, and dropped its price target to $151. On September 07, 2023, Barclays initiated with a Overweight rating and assigned a price target of $134 on the stock. UBS initiated its recommendation with a Neutral and recommended $76 as its price target on December 13, 2022. Credit Suisse started tracking with a Outperform rating for this stock on August 17, 2022, and assigned it a price target of $74. In a note dated December 10, 2021, Goldman upgraded an Buy rating on this stock and boosted its target price from $63 to $75.
Jabil Inc [JBL] stock has fluctuated between $95.85 and $156.94 over the past year. Currently, Wall Street analysts expect the stock to reach $126.8 within the next 12 months. Jabil Inc [NYSE: JBL] shares were valued at $108.61 at the most recent close of the market. An investor can expect a potential return of 16.75% based on the average JBL price forecast.
Analyzing the JBL fundamentals
Jabil Inc [NYSE:JBL] reported sales of 30.38B for the trailing twelve months, which represents a drop of -20.18%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.54 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 107.41 points at the first support level, and at 106.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.43, and for the 2nd resistance point, it is at 110.24.
Ratios To Look Out For
For context, Jabil Inc’s Current Ratio is 1.13. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 5.67 and price to earnings (TTM) ratio is 9.88.
Transactions by insiders
Recent insider trading involved Yap May Yee, SVP, Chief Information Officer, that happened on Jul 16 ’24 when 4274.0 shares were sold. EVP, Operations, McCoy Frederic E. completed a deal on Jul 15 ’24 to sell 1250.0 shares. Meanwhile, Chief Executive Officer Wilson Kenneth S sold 15000.0 shares on Apr 15 ’24.
