Jabil Inc (NYSE:JBL) has been assigned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $32.63.

A number of research firms have recently commented on JBL. Zacks Investment Research cut Jabil from a “hold” rating to a “sell” rating in a research note on Monday, February 5th. Goldman Sachs Group lowered their price target on Jabil to $24.00 and set a “sell” rating for the company in a report on Friday, January 26th. UBS Group reiterated a “buy” rating and issued a $35.00 price target on shares of Jabil in a report on Tuesday, October 17th. Raymond James Financial reiterated a “hold” rating on shares of Jabil in a report on Thursday, December 14th. Finally, ValuEngine lowered Jabil from a “strong-buy” rating to a “buy” rating in a report on Monday, December 4th.

Jabil (NYSE JBL) traded up $0.37 on Friday, hitting $25.81. The stock had a trading volume of 666,046 shares, compared to its average volume of 2,362,922. The company has a market capitalization of $4,520.00, a PE ratio of 44.45, a price-to-earnings-growth ratio of 1.03 and a beta of 0.53. Jabil has a 1 year low of $23.70 and a 1 year 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.

Jabil (NYSE:JBL) last released its earnings results on Thursday, December 14th. The technology company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.50 billion. Jabil had a return on equity of 12.95% and a net margin of 0.54%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share. sell-side analysts expect that Jabil will post 2.06 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.24%. Jabil’s payout ratio is 55.17%.

In other Jabil news, CEO Mark T. Mondello sold 30,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was 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 owns 1,836,889 shares in the company, valued at $52,314,598.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, President William E. Peters sold 13,915 shares of the company’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $27.61, for a total value of $384,193.15. The disclosure for this sale can be found here. Insiders sold 89,830 shares of company stock valued at $2,510,583 in the last quarter. 2.60% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of the business. IHT Wealth Management LLC lifted its holdings in Jabil by 142.6% during the second quarter. IHT Wealth Management LLC now owns 359 shares of the technology company’s stock worth $159,000 after buying an additional 211 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in Jabil by 1.5% during the second quarter. Ameritas Investment Partners Inc. now owns 54,550 shares of the technology company’s stock worth $1,592,000 after buying an additional 831 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Jabil by 17.2% during the second quarter. PNC Financial Services Group Inc. now owns 9,607 shares of the technology company’s stock worth $281,000 after buying an additional 1,413 shares during the period. Stifel Financial Corp lifted its holdings in Jabil by 8.1% during the second quarter. Stifel Financial Corp now owns 21,572 shares of the technology company’s stock worth $630,000 after buying an additional 1,608 shares during the period. Finally, Advisor Group Inc. lifted its holdings in Jabil by 68.2% during the second quarter. Advisor Group Inc. now owns 5,765 shares of the technology company’s stock worth $168,000 after buying an additional 2,337 shares during the period. Institutional investors own 97.92% of the company’s stock.

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About Jabil

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.

Analyst Recommendations for Jabil (NYSE:JBL)

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