Jabil, Inc. (JBL) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Jabil (JBL) has shown strong stock performance, increasing by 30.9% over the past month and reaching a 52-week high of $227.54, with a year-to-date gain of 57.1% compared to sector averages [1][2]. Financial Performance - Jabil has consistently exceeded earnings expectations, reporting an EPS of $2.55 against a consensus estimate of $2.33 in its last earnings report [2]. - For the current fiscal year, Jabil is projected to achieve earnings of $9.36 per share on revenues of $29.05 billion, reflecting a 10.25% increase in EPS and a 0.58% increase in revenues. The next fiscal year forecasts an EPS of $11.09 on revenues of $30.72 billion, indicating year-over-year changes of 18.45% and 5.75%, respectively [3]. Valuation Metrics - Jabil's stock trades at 24.2 times the current fiscal year EPS estimates, which is above the peer industry average of 22.2 times. On a trailing cash flow basis, it trades at 14.6 times compared to the peer group's average of 15.3 times. The stock has a PEG ratio of 1.46, which does not place it among the top value stocks [7]. Style Scores - Jabil has a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of A, indicating a favorable investment profile [6]. Zacks Rank - Jabil holds a Zacks Rank of 1 (Strong Buy) due to positive earnings estimate revisions from analysts, suggesting strong future performance potential [8][9].