With 1.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.42 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $131.51 whereas the lowest price it dropped to was $129.48. The 52-week range on JBL shows that it touched its highest point at $156.94 and its lowest point at $95.85 during that stretch. It currently has a 1-year price target of $145.62. With its current market cap of 14.85 billion, JBL has annualized dividend of $0.32 while the current yield stands at 0.24%. JBL paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 1.24.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JBL was up-trending over the past week, with a rise of 2.23%, but this was up by 4.87% over a month. Three-month performance surged to 20.63% while six-month performance rose 9.63%. The stock gained 0.48% in the past year, while it has gained 2.92% so far this year. A look at the trailing 12-month EPS for JBL yields 11.02 with Next year EPS estimates of 10.01. For the next quarter, that number is 1.88. This implies an EPS growth rate of 2.31% for this year and 15.18% for next year. EPS is expected to grow by 10.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 43.90%.
Float and Shares Shorts:
At present, 113.74 million JBL shares are outstanding with a float of 108.07 million shares on hand for trading. On 2024-10-31, short shares totaled 3.09 million, which was 274.0 higher than short shares on 1727654400. In addition to Mr. Mark T. Mondello as the firm’s Executive Chairman, Mr. Michael Dastoor serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.95263 of JBL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, JBL reported revenue of $6964000000.0 and operating income of $370000000.0. The EBITDA in the recently reported quarter was $485000000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JBL since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With JBL analysts setting a high price target of 160.0 and a low target of 128.0, the average target price over the next 12 months is 144.87875. Based on these targets, JBL could surge 22.03% to reach the target high and fall by -2.38% to reach the target low. Reaching the average price target will result in a growth of 10.49% from current levels.
Analysts have provided yearly estimates in a range of $8.41124 being high and $8.39126 being low. For JBL, this leads to a yearly average estimate of $8.40125. The surprise factor in the prior quarter was $1.85. Based on analyst estimates, the high estimate for the next quarter is $2.08 and the low estimate is $1.63. The average estimate for the next quarter is thus $1.87.
