Jabil Inc [JBL] stock prices are down -3.89% to $132.04 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The JBL shares have gain 6.92% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Jabil Inc [JBL] has been fluctuating between $95.85 and $174.80 over the past year. Currently, Wall Street analysts expect the stock to reach $184 within the next 12 months. Jabil Inc [NYSE: JBL] shares were valued at $132.04 at the most recent close of the market. An investor can expect a potential return of 39.35% based on the average JBL price forecast.
Analyzing the JBL fundamentals
The Jabil Inc [NYSE:JBL] reported sales of 27.45B for trailing twelve months, representing a drop of -0.58%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.28 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.42.
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 128.03 points at the first support level, and at 124.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 135.90, and for the 2nd resistance point, it is at 139.76.
Ratios To Look Out For
It’s worth pointing out that Jabil Inc [NYSE:JBL]’s Current Ratio is 1.02. On the other hand, the Quick Ratio is 0.66, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 10.65 and price to earnings (TTM) ratio is 31.64.
Transactions by insiders
Recent insider trading involved HOLLAND CHRISTOPHER S, Director, that happened on Jan 31 ’25 when 3400.0 shares were sold. Director, CHRISTOPHER HOLLAND completed a deal on Jan 31 ’25 to buy 3400.0 shares. Meanwhile, Director PLANT JOHN C sold 50000.0 shares on Jan 24 ’25.
