Jabil Inc (NYSE: JBL) kicked off on Friday, up 3.72% from the previous trading day, before settling in for the closing price of $123.09. Over the past 52 weeks, JBL has traded in a range of $95.85-$156.94.
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Annual sales at Technology sector company grew by 3.29% over the past five years. While this was happening, its average annual earnings per share was recorded 2.31%. With a float of $108.09 million, this company’s outstanding shares have now reached $131.29 million.
Let’s look at the performance matrix of the company that is accounted for 236000 employees. In terms of profitability, gross margin is 9.24%, operating margin of 4.35%, and the pretax margin is 6.06%.
Jabil Inc (JBL) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. The insider ownership of Jabil Inc is 3.83%, while institutional ownership is 97.09%. The most recent insider transaction that took place on Oct 31 ’24, was worth 523,739. In this transaction EVP, Operations of this company sold 4,283 shares at a rate of $122.28, taking the stock ownership to the 142,472 shares. Before that another transaction happened on Oct 31 ’24, when Company’s SVP, Chief Procurement Officer sold 11,755 for $121.71, making the entire transaction worth $1,430,699. This insider now owns 41,507 shares in total.
Jabil Inc (JBL) Latest Financial update
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 2.6 earnings per share (EPS), higher than consensus estimate (set at 2.58) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.82% during the next five years compared to 43.91% growth over the previous five years of trading.
Jabil Inc (NYSE: JBL) Trading Performance Indicators
Take a look at Jabil Inc’s (JBL) current performance indicators. Last quarter, stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 16.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.01, a number that is poised to hit 1.88 in the next quarter and is forecasted to reach 10.01 in one year’s time.
Technical Analysis of Jabil Inc (JBL)
Jabil Inc (NYSE: JBL) saw its 5-day average volume 1.3 million, a negative change from its year-to-date volume of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 57.01%. Additionally, its Average True Range was 2.93.
During the past 100 days, Jabil Inc’s (JBL) raw stochastic average was set at 93.26%, which indicates a significant increase from 91.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.05% in the past 14 days, which was lower than the 40.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.97, while its 200-day Moving Average is $121.12. Nevertheless, the first resistance level for the watch stands at $129.20 in the near term. At $130.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $133.18. If the price goes on to break the first support level at $125.22, it is likely to go to the next support level at $122.76. The third support level lies at $121.24 if the price breaches the second support level.
Jabil Inc (NYSE: JBL) Key Stats
The company with the Market Capitalisation of 14.94 billion has total of 112,843K Shares Outstanding. Its annual sales at the moment are 28,883 M in contrast with the sum of 1,388 M annual income. Company’s last quarter sales were recorded 6,964 M and last quarter income was 138,000 K.
