Jabil (JBL) Surpasses Market Returns: Some Facts Worth Knowing

Group 1: Stock Performance - Jabil (JBL) closed at $163.62, with a daily increase of +1.11%, outperforming the S&P 500's gain of 0.39% [1] - Over the past month, Jabil's shares have risen by 5.96%, while the Computer and Technology sector gained only 0.04% and the S&P 500 increased by 1.7% [1] Group 2: Upcoming Financial Results - Jabil is projected to report earnings of$ 1.81 per share, reflecting a year-over-year growth of 7.74% [2] - The consensus estimate for revenue is $6.41 billion, indicating a 5.25% decrease compared to the same quarter last year [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are estimated at$ 8.78 per share, with revenue projected at $27.35 billion, representing changes of +3.42% and -5.31% from the prior year, respectively [3] Group 4: Analyst Estimates and Stock Price Correlation - Recent adjustments to analyst estimates for Jabil reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] - Changes in estimates are correlated with near-term stock prices, and the Zacks Rank system incorporates these changes for actionable insights [5] Group 5: Zacks Rank and Valuation - Jabil currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate moving 0.33% higher over the past month [6] - The Forward P/E ratio for Jabil is 18.44, which is lower than the industry average of 19.5, suggesting that Jabil is trading at a discount [7] Group 6: PEG Ratio and Industry Ranking - Jabil has a PEG ratio of 1.47, compared to the Electronics - Manufacturing Services industry average of 1.28 [8] - The Electronics - Manufacturing Services industry is ranked in the top 2% of all industries, with a Zacks Industry Rank of 3 [8][9]