Jabil Inc [NYSE: JBL] closed the trading session at $196.89.
The stocks have a year to date performance of 36.82 percent and weekly performance of 10.59 percent. The stock has been moved at 47.33 percent over the last six months. The stock has performed 17.34 percent around the most recent 30 days and changed 45.18 percent over the most recent 3-months.
If compared to the average trading volume of 1.37M shares, JBL reached to a volume of 6192913 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $204.57 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 1.73. 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.
Argus have made an estimate for Jabil Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 19, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $153 to $151. The new note on the price target was released on January 17, 2024, representing the official price target for Jabil Inc stock. Previously, the target price had yet another raise to $134, while Barclays analysts kept a Overweight rating on JBL stock.
The Average True Range (ATR) for Jabil Inc is set at 5.54, with the Price to Sales ratio for JBL stock in the period of the last 12 months amounting to 0.74. The Price to Book ratio for the last quarter was 15.88, with the Price to Cash per share for the same quarter was set at 14.19. Price to Free Cash Flow for JBL in the course of the last twelve months was 18.16 with Quick ratio for the last quarter at 0.64.
JBL stock trade performance evaluation
Jabil Inc [JBL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.59. With this latest performance, JBL shares gained by 17.34% in over the last four-week period, additionally plugging by 47.33% over the last 6 months – not to mention a rise of 62.58% in the past year of trading.
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Jabil Inc [JBL]: An insightful look at the core fundamentals
Jabil Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.64 and a Current Ratio set at 0.98.
Earnings per share (EPS) analysis for Jabil Inc [JBL] stock
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 13.23%.
Jabil Inc [JBL]: Institutional Ownership
The top three institutional holders of JBL stocks are: VANGUARD GROUP INC with ownership of 14.39 million shares, which is approximately 12.0043%. BLACKROCK INC., holding 9.35 million shares of the stock with an approximate value of $$1.02 billion in JBL stocks shares; and BLACKROCK INC., currently with $$695.75 million in JBL stock with ownership which is approximately 5.3339%.
