Jabil (JBL) Receives Media Sentiment Score of 0.17
Media headlines about Jabil (NYSE:JBL) have trended somewhat positive on Saturday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jabil earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.4114655495244 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Jabil Announces Pricing of $500 Million Aggregate Principal Amount of 3.95% Senior Notes Due 2028 (finance.yahoo.com)
- Jabil Inc.: Jabil Announces Annual Stockholder Meeting (twst.com)
- Jabil’s new debt deal could mean millions in savings (finance.yahoo.com)
- Jabil Inc. (NYSE:JBL) – Price/Earnings to Growth Evaluation – Nasdaq Journal (press release) (nasdaqjournal.com)
Shares of Jabil (NYSE:JBL) opened at $27.66 on Friday. The firm has a market cap of $4,890.00, a P/E ratio of 47.69, a price-to-earnings-growth ratio of 1.10 and a beta of 0.55. Jabil has a 12-month low of $22.78 and a 12-month high of $31.70. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.50 and a current ratio of 0.95.
A number of research analysts have recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $37.00 price objective on shares of Jabil in a research report on Wednesday, September 27th. ValuEngine downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $30.00 price objective on shares of Jabil in a research report on Thursday, September 28th. Zacks Investment Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective on the stock in a research report on Monday, October 2nd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Jabil in a research report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. Jabil has an average rating of “Hold” and a consensus price target of $32.45.
In other news, CEO Erich Hoch sold 2,500 shares of the company’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $28.49, for a total value of $71,225.00. Following the sale, the chief executive officer now directly owns 206,943 shares of the company’s stock, valued at approximately $5,895,806.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark T. Mondello sold 30,000 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $28.48, for a total transaction of $854,400.00. Following the completion of the sale, the chief executive officer now directly owns 1,836,889 shares in the company, valued at $52,314,598.72. The disclosure for this sale can be found here. In the last three months, insiders have sold 117,680 shares of company stock worth $3,333,646. 2.60% of the stock is owned by insiders.
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Jabil Company Profile
Jabil Inc, formerly Jabil Circuit, Inc, provides electronic manufacturing services and solutions throughout the world. The Company operates in two segments, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Company’s EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets.
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