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Jabil (JBL) Outpaces Stock Market Gains: What You Should Know
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In the latest close session, Jabil (JBL - Free Report) was up +1.95% at $316.74. The stock outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
Shares of the electronics manufacturer have depreciated by 0.49% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.54%, and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Jabil in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on September 30, 2026. The company is forecasted to report an EPS of $4.05, showcasing a 23.1% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $9.61 billion, up 16.51% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $12.74 per share and a revenue of $34.97 billion, demonstrating changes of +30.67% and +17.33%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Jabil. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Jabil possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Jabil is currently trading at a Forward P/E ratio of 18.73. Its industry sports an average Forward P/E of 24.39, so one might conclude that Jabil is trading at a discount comparatively.
One should further note that JBL currently holds a PEG ratio of 0.66. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Electronics - Manufacturing Services stocks are, on average, holding a PEG ratio of 0.67 based on yesterday's closing prices.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 7, finds itself in the top 3% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.
Image: Bigstock
Jabil (JBL) Outpaces Stock Market Gains: What You Should Know
In the latest close session, Jabil (JBL - Free Report) was up +1.95% at $316.74. The stock outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
Shares of the electronics manufacturer have depreciated by 0.49% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.54%, and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Jabil in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on September 30, 2026. The company is forecasted to report an EPS of $4.05, showcasing a 23.1% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $9.61 billion, up 16.51% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $12.74 per share and a revenue of $34.97 billion, demonstrating changes of +30.67% and +17.33%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Jabil. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Jabil possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Jabil is currently trading at a Forward P/E ratio of 18.73. Its industry sports an average Forward P/E of 24.39, so one might conclude that Jabil is trading at a discount comparatively.
One should further note that JBL currently holds a PEG ratio of 0.66. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Electronics - Manufacturing Services stocks are, on average, holding a PEG ratio of 0.67 based on yesterday's closing prices.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 7, finds itself in the top 3% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.