Jabil (JBL) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Jabil (JBL) closed at $167.51, reflecting a +0.04% change from the previous trading day's close, outperforming the S&P 500's daily loss of 0.39% [1] - Over the past month, Jabil's shares gained 29.05%, surpassing the Computer and Technology sector's gain of 19.26% and the S&P 500's gain of 13.07% [1] Earnings Expectations - The upcoming earnings report for Jabil is expected to show an EPS of$ 2.28, a 20.63% increase compared to the same quarter last year, with revenue anticipated at $6.98 billion, a 3.18% increase year-over-year [2] - Full-year Zacks Consensus Estimates predict earnings of$ 8.93 per share and revenue of $27.82 billion, indicating year-over-year changes of +5.18% for earnings and -3.68% for revenue [3] Analyst Sentiment - Recent changes to analyst estimates for Jabil are important, as positive revisions indicate optimism about the company's business and profitability [3][4] - Jabil currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining steady over the past month [5] Valuation Metrics - Jabil is trading at a Forward P/E ratio of 18.75, which is a discount compared to the industry average Forward P/E of 18.98 [6] - The company has a PEG ratio of 1.5, while the average PEG ratio for Electronics - Manufacturing Services stocks is 1.27 [7] Industry Context - The Electronics - Manufacturing Services industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 174, placing it in the bottom 30% of all industries [8]