Company Performance - Jabil (JBL) ended the recent trading session at $212.44, demonstrating a +2.84% change from the preceding day's closing price, outpacing the S&P 500's 0.79% gain [1] - Prior to today's trading, shares of Jabil had lost 1.73%, lagging behind the Computer and Technology sector's gain of 1.2% and the S&P 500's gain of 1.27% [1] Upcoming Earnings - Jabil is projected to report earnings of $2.7 per share, representing year-over-year growth of 35% [2] - The latest consensus estimate expects revenue to be $8.01 billion, showing a 14.6% increase compared to the year-ago quarter [2] Full-Year Estimates - Zacks Consensus Estimates call for earnings of $11.05 per share and revenue of $31.32 billion, representing year-over-year changes of +13.33% and +5.09%, respectively [3] - Recent modifications to analyst estimates for Jabil reflect the latest near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Jabil currently has a Forward P/E ratio of 18.69, indicating a discount compared to its industry's Forward P/E of 19.58 [5] - The company holds a PEG ratio of 1.34, compared to the Electronics - Manufacturing Services industry's average PEG ratio of 1.29 [6] Industry Context - The Electronics - Manufacturing Services industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 38, placing it in the top 16% of all 250+ industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Jabil (JBL) Laps the Stock Market: Here's Why