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Jabil, Inc. (JBL) Hits Fresh High: Is There Still Room to Run?
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Have you been paying attention to shares of Jabil (JBL - Free Report) ? Shares have been on the move with the stock up 27.5% over the past month. The stock hit a new 52-week high of $349.62 in the previous session. Jabil has gained 50.2% since the start of the year compared to the 11% gain for the Zacks Computer and Technology sector and the 48.6% return for the Zacks Electronics - Manufacturing Services industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on March 18, 2026, Jabil reported EPS of $2.69 versus consensus estimate of $2.54.
For the current fiscal year, Jabil is expected to post earnings of $12.3 per share on $34.02 in revenues. This represents a 26.15% change in EPS on a 14.15% change in revenues. For the next fiscal year, the company is expected to earn $14.35 per share on $37.2 in revenues. This represents a year-over-year change of 16.67% and 9.35%, respectively.
Valuation Metrics
While Jabil has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Jabil has a Value Score of C. The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 27.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 31X. On a trailing cash flow basis, the stock currently trades at 22.1X versus its peer group's average of 28X. Additionally, the stock has a PEG ratio of 1.63. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Jabil currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Jabil passes the test. Thus, it seems as though Jabil shares could have potential in the weeks and months to come.
How Does JBL Stack Up to the Competition?
Shares of JBL have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Sanmina Corporation (SANM - Free Report) . SANM has a Zacks Rank of #1 (Strong Buy) and a Value Score of C, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Sanmina Corporation beat our consensus estimate by 30.58%, and for the current fiscal year, SANM is expected to post earnings of $11.22 per share on revenue of $14.27 billion.
Shares of Sanmina Corporation have gained 71.5% over the past month, and currently trade at a forward P/E of 19.9X and a P/CF of 29.54X.
The Electronics - Manufacturing Services industry is in the top 5% of all the industries we have in our universe, so it looks like there are some nice tailwinds for JBL and SANM, even beyond their own solid fundamental situation.
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Jabil, Inc. (JBL) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of Jabil (JBL - Free Report) ? Shares have been on the move with the stock up 27.5% over the past month. The stock hit a new 52-week high of $349.62 in the previous session. Jabil has gained 50.2% since the start of the year compared to the 11% gain for the Zacks Computer and Technology sector and the 48.6% return for the Zacks Electronics - Manufacturing Services industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on March 18, 2026, Jabil reported EPS of $2.69 versus consensus estimate of $2.54.
For the current fiscal year, Jabil is expected to post earnings of $12.3 per share on $34.02 in revenues. This represents a 26.15% change in EPS on a 14.15% change in revenues. For the next fiscal year, the company is expected to earn $14.35 per share on $37.2 in revenues. This represents a year-over-year change of 16.67% and 9.35%, respectively.
Valuation Metrics
While Jabil has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Jabil has a Value Score of C. The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 27.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 31X. On a trailing cash flow basis, the stock currently trades at 22.1X versus its peer group's average of 28X. Additionally, the stock has a PEG ratio of 1.63. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Jabil currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Jabil passes the test. Thus, it seems as though Jabil shares could have potential in the weeks and months to come.
How Does JBL Stack Up to the Competition?
Shares of JBL have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Sanmina Corporation (SANM - Free Report) . SANM has a Zacks Rank of #1 (Strong Buy) and a Value Score of C, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Sanmina Corporation beat our consensus estimate by 30.58%, and for the current fiscal year, SANM is expected to post earnings of $11.22 per share on revenue of $14.27 billion.
Shares of Sanmina Corporation have gained 71.5% over the past month, and currently trade at a forward P/E of 19.9X and a P/CF of 29.54X.
The Electronics - Manufacturing Services industry is in the top 5% of all the industries we have in our universe, so it looks like there are some nice tailwinds for JBL and SANM, even beyond their own solid fundamental situation.