News coverage about Jabil (NYSE:JBL) has been trending positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jabil earned a news impact score of 0.26 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.0436259226234 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Less Risky stock is less profitable: Jabil Inc. (JBL) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Jabil Inc. (NYSE:JBL) – Analysts’ Suggestions in the Limelight – Nasdaq Journal (nasdaqjournal.com)
- Jabil Inc. (JBL) Ex-Dividend Date Scheduled for February 14, 2018 – Nasdaq (nasdaq.com)
- AXT (AXTI) versus Jabil (JBL) Financial Review (americanbankingnews.com)
- $4.91 Billion in Sales Expected for Jabil Inc (JBL) This Quarter (americanbankingnews.com)
A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 28th. ValuEngine cut shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Monday, December 4th. Argus upgraded shares of Jabil from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a research note on Monday, December 18th. Raymond James Financial reiterated a “hold” rating on shares of Jabil in a research note on Thursday, December 14th. Finally, Goldman Sachs Group decreased their price target on shares of Jabil to $24.00 and set a “sell” rating for the company in a research note on Friday, January 26th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. Jabil has an average rating of “Hold” and an average target price of $32.27.
Shares of Jabil (NYSE:JBL) opened at $26.37 on Friday. Jabil has a 52 week low of $23.70 and a 52 week high of $31.70. The company has a market cap of $4,620.00, a price-to-earnings ratio of 45.47, a PEG ratio of 1.06 and a beta of 0.53. The company has a quick ratio of 0.50, a current ratio of 0.95 and a debt-to-equity ratio of 0.72.
Jabil (NYSE:JBL) last released its earnings results on Thursday, December 14th. The technology company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.01. Jabil had a net margin of 0.54% and a return on equity of 12.95%. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.50 billion. During the same quarter last year, the business earned $0.69 EPS. The business’s revenue was up 9.4% on a year-over-year basis. equities research analysts expect that Jabil will post 2.06 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Wednesday, February 14th. Jabil’s dividend payout ratio (DPR) is presently 55.17%.
In other news, CEO Mark T. Mondello sold 30,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $28.48, for a total value of $854,400.00. Following the completion of the sale, the chief executive officer now owns 1,836,889 shares in the company, valued at approximately $52,314,598.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President William E. Peters sold 13,915 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $26.00, for a total transaction of $361,790.00. Following the completion of the sale, the president now owns 608,499 shares of the company’s stock, valued at approximately $15,820,974. The disclosure for this sale can be found here. Insiders sold a total of 69,830 shares of company stock valued at $1,942,383 in the last 90 days. Company insiders own 2.60% of the company’s stock.
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Jabil Company Profile
Jabil Inc, formerly Jabil Circuit, Inc, provides electronic manufacturing services and solutions throughout the world. The Company operates in two segments, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Company’s EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets.
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