27-Sep-2024
Analysts Offer Insights on Technology Companies: BlackBerry (BB), Intuit (INTU) and Jabil (JBL)
TipRanks (Fri, 27-Sep 6:40 AM ET)
Benzinga (Thu, 26-Sep 12:34 PM ET)
Jabil unveils plans to cut jobs as it beats earnings forecast, shares rise
Seeking Alpha News (Thu, 26-Sep 8:36 AM ET)
Earnings Snapshot: Jabil tops FQ4 estimates; plans to cut jobs, sees $150M-$200M restructuring costs
Seeking Alpha News (Thu, 26-Sep 7:57 AM ET)
Jabil Non-GAAP EPS of $2.30 beats by $0.08, revenue of $6.96B beats by $380M
Seeking Alpha News (Thu, 26-Sep 7:44 AM ET)
Jabil Posts Fourth Quarter and Fiscal Year 2024 Results
Business Wire (Thu, 26-Sep 7:30 AM ET)
Options Volatility and Implied Earnings Moves Today, September 26, 2024
TipRanks (Thu, 26-Sep 7:05 AM ET)
Benzinga (Thu, 26-Sep 2:52 AM ET)
Here's the major earnings before the open tomorrow
Seeking Alpha News (Wed, 25-Sep 6:00 PM ET)
Jabil Q4 2024 Earnings Preview
Seeking Alpha News (Wed, 25-Sep 10:47 AM ET)
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
Jabil trades on the NYSE stock market under the symbol JBL.
As of September 27, 2024, JBL stock price declined to $122.34 with 1,881,520 million shares trading.
JBL has a beta of 1.40, meaning it tends to be more sensitive to market movements. JBL has a correlation of 0.18 to the broad based SPY ETF.
JBL has a market cap of $13.88 billion. This is considered a Large Cap stock.
Last quarter Jabil reported $7 billion in Revenue and $2.30 earnings per share. This beat revenue expectation by $374 million and exceeded earnings estimates by $.08.
In the last 3 years, JBL traded as high as $156.94 and as low as $48.80.
The top ETF exchange traded funds that JBL belongs to (by Net Assets): VTI, VOO, VB, COWZ, VBR.
JBL has underperformed the market in the last year with a return of +16.6%, while SPY returned +35.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JBL shares. However, JBL has outperformed the market in the last 3 month and 2 week periods, returning +13.4% and +15.5%, while SPY returned +4.9% and +2.0%, respectively. This indicates JBL has been having a stronger performance recently.
JBL support price is $123.87 and resistance is $129.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JBL shares will trade within this expected range on the day.