Jabil Inc (NYSE: JBL)’s stock price has plunge by 0.49relation to previous closing price of 127.55. Nevertheless, the company has seen a -2.69% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-11-18 that Jabil (JBL) reachead $128.29 at the closing of the latest trading day, reflecting a +0.02% change compared to its last close.
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 11.64x, Company’s 36-month beta value is 1.24.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for JBL is 108.07M, and currently, short sellers hold a 2.86% ratio of that floaft. The average trading volume of JBL on November 21, 2024 was 1.41M shares.
JBL’s Market Performance
JBL stock saw an increase of -2.69% in the past week, with a monthly gain of 3.35% and a quarterly increase of 19.64%. The volatility ratio for the week is 1.76%, and the volatility levels for the last 30 days are 2.04% for Jabil Inc (JBL). The simple moving average for the past 20 days is -0.73% for JBL’s stock, with a 5.55% simple moving average for the past 200 days.
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 4.39% 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 -18.33% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +4.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.92% upper at present.
During the last 5 trading sessions, JBL fell by -2.69%, which changed the moving average for the period of 200-days by -1.22% in comparison to the 20-day moving average, which settled at $129.12. In addition, Jabil Inc saw 0.61% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JBL starting from McCoy Frederic E., who sale 4,283 shares at the price of $122.28 back on Oct 31 ’24. After this action, McCoy Frederic E. now owns 142,472 shares of Jabil Inc, valued at $523,739 using the latest closing price.
McKay Francis, the SVP, Chief Procurement Officer of Jabil Inc, sale 11,755 shares at $121.71 during a trade that took place back on Oct 31 ’24, which means that McKay Francis is holding 41,507 shares at $1,430,699 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 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 1.66. The interest coverage ratio of the stock is 7.26.
Currently, EBITDA for the company is 2.13 billion with net debt to EBITDA at 0.49. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. 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 a nutshell, Jabil Inc (JBL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
