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Jabil (JBL) Dips More Than Broader Market: What You Should Know
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Jabil (JBL - Free Report) closed at $302.80 in the latest trading session, marking a -2.75% move from the prior day. This change lagged the S&P 500's daily loss of 0.59%. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq lost 0.65%.
Coming into today, shares of the electronics manufacturer had lost 14.96% in the past month. In that same time, the Computer and Technology sector lost 0.02%, while the S&P 500 lost 1.37%.
The investment community will be closely monitoring the performance of Jabil in its forthcoming earnings report. The company is scheduled to release its earnings on September 30, 2026. The company is expected to report EPS of $4.05, up 23.1% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $9.61 billion, indicating a 16.51% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.74 per share and revenue of $34.97 billion, indicating changes of +30.67% and +17.33%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Jabil. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Jabil is currently a Zacks Rank #3 (Hold).
In terms of valuation, Jabil is presently being traded at a Forward P/E ratio of 18.77. This denotes a discount relative to the industry average Forward P/E of 23.65.
One should further note that JBL currently holds a PEG ratio of 0.66. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Electronics - Manufacturing Services was holding an average PEG ratio of 0.65 at yesterday's closing price.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 6, placing it within the top 3% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Jabil (JBL) Dips More Than Broader Market: What You Should Know
Jabil (JBL - Free Report) closed at $302.80 in the latest trading session, marking a -2.75% move from the prior day. This change lagged the S&P 500's daily loss of 0.59%. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq lost 0.65%.
Coming into today, shares of the electronics manufacturer had lost 14.96% in the past month. In that same time, the Computer and Technology sector lost 0.02%, while the S&P 500 lost 1.37%.
The investment community will be closely monitoring the performance of Jabil in its forthcoming earnings report. The company is scheduled to release its earnings on September 30, 2026. The company is expected to report EPS of $4.05, up 23.1% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $9.61 billion, indicating a 16.51% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.74 per share and revenue of $34.97 billion, indicating changes of +30.67% and +17.33%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Jabil. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Jabil is currently a Zacks Rank #3 (Hold).
In terms of valuation, Jabil is presently being traded at a Forward P/E ratio of 18.77. This denotes a discount relative to the industry average Forward P/E of 23.65.
One should further note that JBL currently holds a PEG ratio of 0.66. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Electronics - Manufacturing Services was holding an average PEG ratio of 0.65 at yesterday's closing price.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 6, placing it within the top 3% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.