Jabil (NYSE:JBL) Releases Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Jabil (NYSE:JBL) released its quarterly earnings results on Tuesday. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.27, Briefing.com reports. Jabil had a return on equity of 41.87% and a net margin of 4.71%. The firm’s revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.89 EPS. Jabil updated its FY 2025 guidance to 9.330-9.330 EPS and its Q4 2025 guidance to 2.640-3.040 EPS.

Jabil Stock Up 3.0%

Shares of NYSE JBL opened at $181.08 on Tuesday. Jabil has a 52-week low of $95.85 and a 52-week high of $194.99. The firm has a market capitalization of $19.44 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 1.65 and a beta of 1.14. The stock has a 50 day moving average price of $156.76 and a 200 day moving average price of $151.32. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.72 and a current ratio of 1.06.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.18%. The ex-dividend date of this dividend was Thursday, May 15th. Jabil’s dividend payout ratio is presently 7.66%.

Insiders Place Their Bets

In other news, Chairman Mark T. Mondello sold 20,000 shares of the firm’s stock in a transaction on Friday, April 11th. The stock was sold at an average price of $131.56, for a total transaction of $2,631,200.00. Following the transaction, the chairman now owns 1,730,192 shares in the company, valued at approximately $227,624,059.52. This trade represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Michael Dastoor sold 10,000 shares of the company’s stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $169.90, for a total transaction of $1,699,000.00. Following the completion of the sale, the chief executive officer now directly owns 221,693 shares of the company’s stock, valued at approximately $37,665,640.70. This trade represents a 4.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,000 shares of company stock worth $7,665,200 in the last ninety days. 1.73% of the stock is owned by company insiders.

Hedge Funds Weigh In On Jabil

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. increased its holdings in shares of Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after acquiring an additional 194 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of Jabil by 34.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock worth $382,000 after purchasing an additional 720 shares during the last quarter. Focus Partners Wealth boosted its position in Jabil by 20.0% during the first quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after purchasing an additional 829 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Jabil by 70.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock valued at $2,493,000 after purchasing an additional 7,602 shares during the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on JBL shares. The Goldman Sachs Group increased their target price on shares of Jabil from $165.00 to $188.00 and gave the company a “buy” rating in a research note on Tuesday, June 10th. Wall Street Zen raised shares of Jabil from a “hold” rating to a “buy” rating in a research report on Monday, May 19th. JPMorgan Chase & Co. decreased their price objective on shares of Jabil from $175.00 to $154.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. UBS Group upped their target price on Jabil from $152.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. Finally, Barclays raised their price target on Jabil from $184.00 to $206.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 10th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $169.17.

About Jabil

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).