Company Performance - Jabil's shares have increased by 9.6% over the past month, reaching a new 52-week high of $142.44 [1] - The company has gained 10.3% since the beginning of the year, outperforming the Zacks Computer and Technology sector's 9.6% and the Zacks Electronics - Manufacturing Services industry's 12% [1] Earnings and Revenue - Jabil has consistently exceeded earnings expectations, reporting EPS of $2.6 against a consensus estimate of $2.54 in its last earnings report [2] - For the current fiscal year, Jabil is projected to achieve earnings of $9.11 per share on revenues of $30.61 billion, reflecting a 5.56% increase in EPS but an 11.78% decrease in revenues [2] - The next fiscal year forecasts earnings of $10.70 per share on revenues of $32.25 billion, indicating a year-over-year growth of 17.54% in EPS and 5.36% in revenues [2] Valuation Metrics - Jabil's stock trades at 15.4 times the current fiscal year EPS estimates, which is above the peer industry average of 14.3 times [4] - The stock has a trailing cash flow multiple of 9.2 times, matching the peer group's average [4] - Jabil's PEG ratio stands at 1.29, which does not place it among the top value stocks [4] Zacks Rank and Style Scores - Jabil holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, indicating a favorable outlook [5] - The company has a Value Score of A, a Growth Score of A, and a Momentum Score of F, resulting in a combined VGM Score of A [3] Industry Comparison - Sanmina Corporation, a peer in the industry, has a Zacks Rank of 1 (Strong Buy) and has seen a 21.7% increase in shares over the past month [6] - Sanmina is expected to post earnings of $5.51 per share on revenues of $7.98 billion for the current fiscal year [6] - The Electronics - Manufacturing Services industry is performing well, ranking in the top 43% of all industries [6]

JHVEPhoto Jabil Inc. (NYSE:JBL) presents a slight decrease in net revenue for Q1 2024 and the significant reason for this decline is softer demand. However, the company showed a year-over-year increase in core earnings per share. The company is set to announce Q2 2024 earnings in March with expectations of decrease in revenue and earnings per share. However, the diverse business model including healthcare, semiconductor equipment, and AI-driven data centers allows Jabil to remain prominent in the market ...

Jabil (JBL) closed at $131.22 in the latest trading session, marking a -0.09% move from the prior day. This move lagged the S&P 500's daily gain of 1.07%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw an increase of 1.74%.Heading into today, shares of the electronics manufacturer had gained 5.05% over the past month, outpacing the Computer and Technology sector's gain of 4.83% and the S&P 500's gain of 2.93% in that time.The investment community will be paying close ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...

Jabil (JBL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this electronics manufacturer have returned +5.1% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Electronics - Manufacturing Services industry, to which Jabil belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the near term?Whi ...

The most recent trading session ended with Jabil (JBL) standing at $123.22, reflecting a -0.77% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.The electronics manufacturer's shares have seen a decrease of 2.97% over the last month, not keeping up with the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.The investment community will be ...

Jabil (JBL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this electronics manufacturer have returned -2.6% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Electronics - Manufacturing Services industry, to which Jabil belongs, has lost 4.2% over this period. Now the key question is: Where could the stock be headed in the ...

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) announced today that it will host its Annual Meeting of Stockholders in a virtual only format on January 25, 2024, at 10:00 a.m. EST. Shareholders of record as of the close of business on November 30, 2023, will be able to attend, vote, and ask questions during the meeting through the online platform at https://www.virtualshareholdermeeting.com/JBL2024. Guests may participate in a listen-only mode. No control number is required. A live audio w ...

Core Insights - Jabil Inc. has enhanced its digital commerce capabilities with a new center of excellence in Chihuahua, Mexico, expanding its production capacity to over one million square feet [1] - The company is focusing on retail and warehouse automation solutions, leveraging advancements in robotics, AI, and additive manufacturing to improve operational efficiency and flexibility for customers [1][2] - Jabil's collaboration with leading retailers and technology providers showcases its commitment to driving innovation in the retail sector [2] Company Developments - The new plant in Chihuahua is Jabil's third in the area and fifth in the region, aimed at increasing nearshoring opportunities for customers [1] - Jabil has been a key player in the retail industry for over two decades, providing advanced digital commerce solutions that include warehouse automation and in-store digitalization [2] - The company is set to showcase its latest innovations at NRF'24, highlighting partnerships with major retailers and technology solution providers [2] Industry Impact - Jabil's manufacturing solutions are designed to address evolving omnichannel shopping experiences and supply chain complexities, positioning the company as a leader in retail automation [3] - The partnership with Ocado Group focuses on scaling the manufacturing of the Series 600 robot, which features significant weight reduction and improved performance for automated systems [3][4] - Badger Technologies, a division of Jabil, is increasing production volumes of autonomous robots to meet the demands of the North American retail market [5] Technological Advancements - Jabil's robots integrate with digital displays and Electronic Shelf Labels (ESLs) to transform retail environments into intelligent digital assets [6] - The company is capable of producing millions of ESL tags monthly, supporting high-volume customer demands [6] - Jabil's precision automation solutions enhance productivity and reliability for clients like VusionGroup, optimizing production cycles and reducing costs [7][8] Production Capabilities - Jabil's diversified portfolio includes the monthly production of 800,000 point-of-sale terminals, 1,000 robots, and up to 500 self-service checkouts and intelligent vending machines [9] - The company emphasizes sustainable processes and community engagement alongside its manufacturing capabilities [10]

Jabil and Revolut are scaling production of Revolut Reader, a custom, pre-certified, mobile point-of-sale solution that makes it easy for merchants to accept in-store or on-the-go payments. (Photo: Business Wire)Jabil and Revolut are scaling production of Revolut Reader, a custom, pre-certified, mobile point-of-sale solution that makes it easy for merchants to accept in-store or on-the-go payments. (Photo: Business Wire)NEW YORK--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced ongoing innovation bet ...