Jabil Inc (NYSE: JBL) is 12.39% higher on its value in year-to-date trading and has touched a low of $95.85 and a high of $159.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JBL stock was last observed hovering at around $158.17 in the last trading session, with the day’s gains setting it 3.56%.
Currently trading at $161.73, the stock is 8.83% and 16.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 2.25% at the moment leaves the stock 32.67% off its SMA200. JBL registered 28.96% gain for a year compared to 6-month gain of 40.73%. The firm has a 50-day simple moving average (SMA 50) of $139.2224 and a 200-day simple moving average (SMA200) of $121.9061.
The stock witnessed a 19.68% loss in the last 1 month and extending the period to 3 months gives it a 30.15%, and is 5.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.69% over the month.
Jabil Inc (JBL) has around 138000 employees, a market worth around $17.66B and $27.49B in sales. Current P/E ratio is 15.51 and Fwd P/E is 16.07. Profit margin for the company is 4.71%. Distance from 52-week low is 68.74% and 1.33% from its 52-week high. The company has generated returns on investments over the last 12 months (27.05%).
with sales reaching $6.4B over the same period.The EPS is expected to grow by 2.98% this year, but quarterly earnings will post -5.43% year-over-year. Quarterly sales are estimated to shrink -5.40% in year-over-year returns.
990.0 institutions hold shares in Jabil Inc (JBL), with institutional investors hold 98.10% of the company’s shares. The shares outstanding are 111.69M, and float is at 104.53M with Short Float at 2.31%. Institutions hold 96.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.39 million shares valued at $1.57 billion. The investor’s holdings represent 12.0043 of the JBL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.35 million shares valued at $1.02 billion to account for 7.8016 of the shares outstanding. The other top investors are TEXAS YALE CAPITAL CORP. which holds 6.4 million shares representing 5.3339 and valued at over $695.75 million, while STATE STREET CORP holds 4.6303 of the shares totaling 5.55 million with a market value of $603.97 million.
Jabil Inc (JBL) Insider Activity
The most recent transaction is an insider sale by RAYMUND STEVEN A, the company’s Director. SEC filings show that RAYMUND STEVEN A sold 20,000 shares of the company’s common stock on Jan 10 ’25 at a price of $151.30 per share for a total of $3.03 million. Following the sale, the insider now owns 0.12 million shares.
Jabil Inc disclosed in a document filed with the SEC on Jan 07 ’25 that ANSARI ANOUSHEH (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jan 07 ’25 and was made at $155.00 per share for $0.15 million. Following the transaction, the insider now directly holds 38600.0 shares of the JBL stock.
Still, SEC filings show that on Jan 10 ’25, STEVEN RAYMUND (Director) Proposed Sale 20,000 shares at an average price of $151.29 for $3.03 million. The insider now directly holds shares of Jabil Inc (JBL).
