Jabil Inc. [NYSE: JBL] stock went on a downward path that fall over -8.22% on Thursday, amounting to a one-week price decrease of less than -11.41%. Over the last 12 months, JBL stock rose by 10.58%. The one-year Jabil Inc. stock forecast points to a potential upside of 12.35. The average equity rating for JBL stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.33 billion, with 152.06 million shares outstanding and 137.80 million shares in the current float. Compared to the average trading volume of 1.68M shares, JBL stock reached a trading volume of 1252869 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Guru’s Opinion on Jabil Inc. [JBL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JBL shares is $34.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JBL stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA/Merrill have made an estimate for Jabil Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 15, 2020. The new note on the price target was released on November 13, 2019, representing the official price target for Jabil Inc. stock. On August 29, 2019, analysts increased their price target for JBL shares from 27 to 36.
The Average True Range (ATR) for Jabil Inc. is set at 1.42, with the Price to Sales ratio for JBL stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 2.59, with the Price to Cash per share for the same quarter was set at 4.79. Price to Free Cash Flow for JBL in the course of the last twelve months was 21.51 with Quick ratio for the last quarter at 0.60.
JBL Stock Performance Analysis:
Jabil Inc. [JBL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.41. With this latest performance, JBL shares gained by 7.43% in over the last four-week period, additionally sinking by -23.98% over the last 6 months – not to mention a rise of 10.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JBL stock in for the last two-week period is set at 47.41, with the RSI for the last a single of trading hit 40.98, and the three-weeks RSI is set at 49.90 for Jabil Inc. [JBL]. The present Moving Average for the last 50 days of trading for this stock 27.86, while it was recorded at 33.15 for the last single week of trading, and 33.79 for the last 200 days.
Insight into Jabil Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Jabil Inc. [JBL] shares currently have an operating margin of +3.02 and a Gross Margin at +7.59. Jabil Inc.’s Net Margin is presently recorded at +1.14.
Return on Total Capital for JBL is now 17.21, given the latest momentum, and Return on Invested Capital for the company is 6.79. Return on Equity for this stock inclined to 14.96, with Return on Assets sitting at 2.30. When it comes to the capital structure of this company, Jabil Inc. [JBL] has a Total Debt to Total Equity ratio set at 132.27. Additionally, JBL Total Debt to Total Capital is recorded at 56.95, with Total Debt to Total Assets ending up at 19.25. Long-Term Debt to Equity for the company is recorded at 112.39, with the Long-Term Debt to Total Capital now at 48.39.
Reflecting on the efficiency of the workforce at the company, Jabil Inc. [JBL] managed to generate an average of $1,436 per employee. Receivables Turnover for the company is 9.45 with a Total Asset Turnover recorded at a value of 2.02.Jabil Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.90.
JBL Stock EPS
With the latest financial reports released by the company, Jabil Inc. posted 0.57/share EPS, while the average EPS was predicted by analysts to be reported at 0.57/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JBL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Jabil Inc. go to 12.00%.
Jabil Inc. [JBL] Insider Position Details
There are presently around $4,479 million, or 93.60% of JBL stock, in the hands of institutional investors. The top three institutional holders of JBL stocks are: VANGUARD GROUP INC with ownership of 16,079,906, which is approximately 3.95% of the company’s market cap and around 2.70% of the total institutional ownership; FMR LLC, holding 15,045,068 shares of the stock with an approximate value of $488.51 million in JBL stocks shares; and BLACKROCK INC., currently with $443.45 million in JBL stock with ownership of nearly -0.965% of the company’s market capitalization.
Positions in Jabil Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 130 institutional holders increased their position in Jabil Inc. [NYSE:JBL] by around 20,168,386 shares. Additionally, 242 investors decreased positions by around 20,394,317 shares, while 50 investors held positions by with 97,379,670 shares. The mentioned changes placed institutional holdings at 137,942,373 shares, according to the latest SEC report filing. JBL stock had 29 new institutional investments in for a total of 758,662 shares, while 93 institutional investors sold positions of 3,161,154 shares during the same period.