JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Jabil (NYSE:JBL) Stock

by · The Cerbat Gem

Jabil (NYSE:JBL – Get Free Report) had its price objective hoisted by investment analysts at JPMorgan Chase & Co. from $260.00 to $270.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 26.45% from the stock’s current price.

Several other analysts have also issued reports on the company. Bank of America upped their price objective on Jabil from $255.00 to $262.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Raymond James Financial set a $260.00 target price on Jabil in a report on Thursday, September 25th. Barclays increased their price target on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Jabil currently has a consensus rating of “Moderate Buy” and an average price target of $261.29.

Read Our Latest Stock Report on Jabil

Jabil Stock Performance

NYSE JBL traded down $2.78 on Thursday, hitting $213.52. 731,736 shares of the stock were exchanged, compared to its average volume of 1,400,669. The company has a market capitalization of $22.81 billion, a PE ratio of 36.09, a P/E/G ratio of 1.51 and a beta of 1.26. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The business’s fifty day moving average is $210.87 and its 200 day moving average is $211.05. Jabil has a 52 week low of $108.66 and a 52 week high of $237.14.

Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.70 by $0.15. The company had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. Jabil’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Research analysts anticipate that Jabil will post 8.05 EPS for the current fiscal year.

Insider Activity at Jabil

In other news, CFO Gregory B. Hebard sold 6,086 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total value of $1,299,604.44. Following the completion of the sale, the chief financial officer owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $212.20, for a total transaction of $4,244,000.00. Following the completion of the transaction, the chairman owned 1,221,459 shares in the company, valued at $259,193,599.80. This trade represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 131,762 shares of company stock valued at $28,129,921. 1.73% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Jabil

Hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp raised its holdings in shares of Jabil by 0.7% during the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after buying an additional 36,646 shares in the last quarter. Primecap Management Co. CA grew its position in Jabil by 0.7% in the second quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock valued at $743,810,000 after acquiring an additional 24,650 shares during the last quarter. Geode Capital Management LLC raised its stake in Jabil by 2.3% during the second quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock worth $628,519,000 after acquiring an additional 65,949 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Jabil by 5.9% in the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after acquiring an additional 129,212 shares during the last quarter. Finally, Boston Partners boosted its stake in shares of Jabil by 224.4% in the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after purchasing an additional 1,313,338 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

About Jabil

(Get Free Report)

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).

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