In the past week, JBL stock has gone down by -0.19%, with a monthly gain of 9.71% and a quarterly surge of 11.68%. The volatility ratio for the week is 1.74%, and the volatility levels for the last 30 days are 2.30% for Jabil Inc. The simple moving average for the past 20 days is 1.11% for JBL’s stock, with a 2.32% simple moving average for the past 200 days.
Is It Worth Investing in Jabil Inc (NYSE: JBL) Right Now?
The price-to-earnings ratio for Jabil Inc (NYSE: JBL) is above average at 11.26x. The 36-month beta value for JBL is also noteworthy at 1.25. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
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The public float for JBL is 109.07M, and at present, short sellers hold a 3.18% of that float. The average trading volume of JBL on October 23, 2024 was 1.50M shares.
JBL) stock’s latest price update
Jabil Inc (NYSE: JBL)’s stock price has gone decline by -0.28 in comparison to its previous close of 124.37, however, the company has experienced a -0.19% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-10-14 that Collaboration Showcased at the 2024 OCP Global Summit to Deliver AMD and Intel-Based Server Platforms for Enhanced Cloud Security SAN JOSE, Calif. and ST. PETERSBURG, Fla.
Analysts’ Opinion of JBL
Barclays, on the other hand, stated in their research note that they expect to see JBL reach a price target of $151, previously predicting the price at $153. The rating they have provided for JBL stocks is “Overweight” according to the report published on January 17th, 2024.
Barclays gave a rating of “Overweight” to JBL, setting the target price at $134 in the report published on September 07th of the previous year.
JBL Trading at 9.71% from the 50-Day Moving Average
After a stumble in the market that brought JBL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.98% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares surge +9.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.56% upper at present.
During the last 5 trading sessions, JBL fell by -0.19%, which changed the moving average for the period of 200-days by -2.17% in comparison to the 20-day moving average, which settled at $122.66. In addition, Jabil Inc saw -2.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JBL starting from Crowley Matthew, who sale 2,271 shares at the price of $123.54 back on Oct 22 ’24. After this action, Crowley Matthew now owns 15,564 shares of Jabil Inc, valued at $280,551 using the latest closing price.
MATTHEW CROWLEY, the Officer of Jabil Inc, proposed sale 2,271 shares at $123.54 during a trade that took place back on Oct 22 ’24, which means that MATTHEW CROWLEY is holding shares at $280,551 based on the most recent closing price.
Stock Fundamentals for JBL
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.09 for the gross margin
The net margin for Jabil Inc stands at 0.05. The total capital return value is set at 0.23. Equity return is now at value 60.31, with 7.55 for asset returns.
Based on Jabil Inc (JBL), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 3.37. The interest coverage ratio of the stock is 9.52.
Currently, EBITDA for the company is 2.13 billion with net debt to EBITDA at 0.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.51. The receivables turnover for the company is 6.27for trailing twelve months and the total asset turnover is 1.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
In summary, Jabil Inc (JBL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
