Jabil Inc (NYSE: JBL) is -3.07% lower on its value in year-to-date trading and has touched a low of $95.85 and a high of $174.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JBL stock was last observed hovering at around $135.62 in the last trading session, with the day’s gains setting it 3.86%.
Currently trading at $139.48, the stock is -3.88% and -10.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing 2.85% at the moment leaves the stock 8.32% off its SMA200. JBL registered 13.26% gain for a year compared to 6-month gain of 31.93%. The firm has a 50-day simple moving average (SMA 50) of $155.8322 and a 200-day simple moving average (SMA200) of $128.7646.
The stock witnessed a -17.91% loss in the last 1 month and extending the period to 3 months gives it a 3.22%, and is 4.01% 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 3.25% over the week and 3.17% over the month.
Jabil Inc (JBL) has around 138000 employees, a market worth around $15.28B and $27.49B in sales. Current P/E ratio is 13.38 and Fwd P/E is 13.81. Profit margin for the company is 4.71%. Distance from 52-week low is 45.53% and -20.21% from its 52-week high. The company has generated returns on investments over the last 12 months (27.05%).
The EPS is expected to grow by 2.98% this year
1075.0 institutions hold shares in Jabil Inc (JBL), with institutional investors hold 97.92% of the company’s shares. The shares outstanding are 111.69M, and float is at 106.36M with Short Float at 2.73%. Institutions hold 96.12% 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 HOLLAND CHRISTOPHER S, the company’s Director. SEC filings show that HOLLAND CHRISTOPHER S sold 3,400 shares of the company’s common stock on Jan 31 ’25 at a price of $162.27 per share for a total of $0.55 million. Following the sale, the insider now owns 12900.0 shares.
Still, SEC filings show that on Jan 24 ’25, PLANT JOHN C (Director) disposed off 50,000 shares at an average price of $172.55 for $8.63 million. The insider now directly holds 5,900 shares of Jabil Inc (JBL).
