Jabil Circuit (JBL) earnings: what to expect

10:35 am ET, 15 Dec 2018

Jabil Circuit, Inc. (JBL) shares are trading at $21.84, down -2% on Friday. The company is announcing its quarterly earnings results on Monday before the market opens. What's driving Jabil's stock price? What's JBL stock price forecast?

Jabil Circuit provides electronic manufacturing services. The stock fell 17% in the past year.  It is now available at an attractive forward P/E ratio of 7, which presents a significant discount compared to Jabil's industry peers.

Investors are showing interest in the company because of its expertise in automation and continuous flow manufacturing. On the other hand, a few bearish investors worry about lower margins going forward. Last quarter’s revenue rose 15% to $5.77 billion and earnings per share came at $0.70 compared to $0.64 for the same period last year.

First-quarter fiscal year 2019 results will be released after market close on December 18, 2018.  Analysts expect the company to earn $0.87 per share on revenue of $6.10 billion. The company beat analysts’ estimates in the previous four quarters.

What is the sentiment towards the JBL stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending positive;
  • The mid-term sentiment (3-6 months) is trending negative;
  • The long-term sentiment (9-12 months) is trending negative. 

Over the last month, Jabil Circuit, Inc. (JBL) returned -6.39%.

Jabil Circuit, Inc. (JBL) forward P/E ratio is 7.48.

Jabil Circuit, Inc. (JBL) average analyst price target ($32.33) is 32.17% above its current price ($24.46).

For the latest price and information on Jabil Circuit, Inc., please visit Finstead and search for "JBL price" or "JBL news".

Jabil (JBL) stock is down: why?

12:31 pm ET, 25 Sep 2018

Jabil Circuit, Inc. (JBL) shares are trading at $27.26, down 9% today.  The company announced its Q4 quarterly earnings results on Tuesday before market opening-- Q4 results beat estimates with a 15% year-over-year revenue growth.  However, the stock is down.  What's driving JBL stock price?

Jabil is a leading contract manufacturing company. The stock has yielded a 12% return in 2018. Looking at the fundamental analysis, it's worth pointing that the stock may be cheap--JBL forward P/E ratio is only 9.97.

JBL stock has been getting a lot of interest lately because of the company's focus on serving factory automation and robotics markets. On the other hand, certain investors worry about the falling cash flow due to higher working capital requirements. 

Heavy trading of the stock following the earnings beat for its fiscal fourth quarter of the year might be the cause of the decline.  Margin and profit concerns are weighing heavily on Jabil's shares today--and investors are still wondering whether Jabil is becoming less dependent on Apple (AAPL) and other big clients.  Even though the stock is down 9% today,  it is still up 12% year-to-date.

What is the sentiment towards the JBL stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is positive;
  • The mid-term sentiment (3-6 months) is positive;
  • The long-term sentiment (9-12 months) is trending positive. 

Over the last month, Jabil Circuit, Inc. (JBL) returned +5.53%.

Jabil Circuit, Inc. (JBL) forward P/E ratio is 9.97, and it's low compared to its industry peers' P/E ratios.

Jabil Circuit, Inc. (JBL) average analyst price target ($33.20) is 13.7% above its current price ($29.20).

For the latest price and information on Jabil Circuit, Inc., please visit Finstead and search for "JBL price" or "JBL news".

Jabil Circuit, Inc. (JBL) Stock Guide

Updated at: 2:11 am ET, 18 Sep 2020

Before we start: if you're looking for JBL stock price, you can quickly find it out by visiting Finny and typing "JBL quote". If you're looking for a quick scoop on JBL stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "JBL". You'll get all this info in one place. Or you can just type "JBL news" to get the latest stock news.

Looking to buy or sell Jabil Circuit, Inc. (JBL)? Interested in getting the full scoop on JBL, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this JBL stock guide, we'll address key questions about JBL, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are JBL earnings?
2. What is JBL dividend?
3. What is JBL dividend yield?
4. What is JBL stock forecast (i.e., prediction)?
5. JBL buy or sell? What is JBL Finny Score?
6. What are the reasons to buy JBL? Why should I buy JBL stock?
7. What are the reasons to sell JBL? Why should I sell JBL stock?
8. What are JBL key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are JBL earnings?

JBL trailing 12-month earnings per share (EPS) is $0.26.

2. What is JBL dividend?

JBL forward dividend is $0.32.

3. What is JBL dividend yield?

JBL forward dividend yield is 0.94%.

Analyst Predictions

4. What is JBL stock forecast (i.e., prediction)?

Based on JBL analyst price targets, JBL stock forecast is $39.89 (for a year from now). That means the average analyst price target for JBL stock is $39.89. The prediction is based on 13 analyst estimates.

The low price target for JBL is $33.00, while the high price target is $48.00.

JBL analyst rating is Hold.

Analysis

5. JBL buy or sell? What is JBL Finny Score?

#{finnyScore:78}Our quantitative analysis shows 7 reasons to buy and 2 reasons to sell JBL, resulting in Finny Score of 78.

6. What are the reasons to buy JBL? Why should I buy JBL stock?

Here are the reasons to buy JBL stock:

  • Jabil should benefit from broad industry tailwinds such as mobility, cloud, and big data.
  • The Internet of Things should provide further growth opportunities for Jabil.
  • Supply chain software should be a lucrative niche for Jabil to expand in.
  • JBL quarterly revenue growth was 3.30%, higher than the industry and sector average revenue growth (1.79% and 0.89%, respectively). See JBL revenue growth chart.
  • JBL forward dividend yield is 0.94%, higher than the industry (0.35%) and sector (0.26%) forward dividend yields. See JBL forward dividend chart.
  • JBL forward P/E ratio is 9.61, which is low compared to its industry peers’ P/E ratios. See JBL forward P/E ratio chart.
  • JBL Price/Sales ratio is 0.20, which is low compared to its industry peers’ P/S ratios. See JBL forward Price/Sales ratio chart.
  • JBL PEG ratio (P/E adjusted for growth) is 1.15, which is low compared to its industry peers’ PEG ratios. See JBL PEG chart.
  • JBL average analyst price target ($39.89) is above its current price ($32.97). See JBL price target chart.
  • JBL Enterprise Value/Revenue multiple is 0.28, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See JBL Enterprise Value/Revenue chart.

7. What are the reasons to sell JBL? Why should I sell JBL stock?

Let's look at the reasons to sell JBL stock (i.e., the bear case):

  • Jabil derives a significant portion of revenue from the production of Apple’s iPhones, for better or worse. It would be a devastating blow to Jabil if it were to ever lose all of Apple’s iPhone business.
  • Jabil’s exposure to cyclical markets makes its revenue and margins susceptible to economic downturns.
  • Jabil’s competitors are also expanding their own value-added services capabilities, inhibiting Jabil’s attempts to differentiate itself.
  • JBL profitability is declining. The YoY profit margin change was -0.29 percentage points. See JBL profitability chart.
  • JBL short interest (days to cover the shorts) ratio is 3.8. The stock garners more short interest than the average industry, sector or S&P 500 stock. See JBL short interest ratio chart.

Key Stats

8. What are JBL key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for JBL:

Metrics JBL
Price $34.92
Average Price Target / Upside $39.89 / 14.23%
Average Analyst Rating Hold
Forward Dividend Yield 0.94%
Industry Contract Manufacturers
Sector Technology
Number of Employees 199,000
Market Cap $5.18B
Forward P/E Ratio 9.61
Price/Book Ratio 0.2
Revenue (TTM) $26.54B
YoY Quarterly Revenue Growth 3.30%
Profit Margin 0.15%

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