Jabil Inc.’s Stock Price Soars to $124.48, Marking a Robust 4.18% Increase

Jabil Inc. (JBL)

124.48 USD +5.00 (+4.18%) Volume: 1.92M

Discover the latest performance of Jabil Inc.’s stock price, currently at 124.48 USD, experiencing a positive trading session with a 4.18% rise and a trading volume of 1.92M. Despite this, the stock has seen a slight decline year-to-date with a percentage change of -2.29%. Stay updated with JBL’s stock price movements for informed investment decisions.

Latest developments on Jabil Inc.

Jabil Circuit is gearing up for its upcoming earnings call, with analysts revising their forecasts in anticipation of the imminent announcement. These accurate analysts are closely monitoring the company’s performance, which is likely to have a direct impact on the stock price movements today. Investors are eagerly awaiting the earnings report to gain insights into the company’s financial health and future prospects. Stay tuned for updates on how Jabil Circuit‘s earnings call will influence the market trends.

Jabil Inc. on Smartkarma

Analysts at Baptista Research have been closely following Jabil Circuit, a company that achieved approximately $6.8 billion in revenue during the second quarter of fiscal year 2024. This performance was in line with the guidance for the majority of the company’s businesses. In their report titled “Jabil Inc.: What Are Its Latest Advancements In AI? – Major Drivers,” the analysts discuss the company’s latest advancements in AI and provide a bullish outlook on the company’s future.

In another report by Baptista Research, titled “Jabil Inc.: Can The Retronix Acquisition Be A Game Changer? – Major Drivers,” the analysts analyze Jabil Inc.’s mixed results for the previous quarter. While revenues were below the analyst consensus, the company surpassed Wall Street’s earnings expectations. Core operating income reached $499 million, constituting 6% of revenue and marking a significant 120 basis points increase year-over-year. Cash flows from operations amounted to $448 million, with an adjusted free cash flow of $173 million after accounting for net capital expenditures of $275 million.

A look at Jabil Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Jabil Circuit has a positive long-term outlook. With a high Growth score of 5, the company is expected to experience strong growth in the future. This is supported by its Resilience score of 3, indicating that the company is well-positioned to weather any challenges that may arise. Additionally, Jabil Circuit has a Momentum score of 3, suggesting that the company is currently performing well and is likely to continue on this positive trajectory.

Jabil Circuit also has a Value score of 3, which indicates that the company is reasonably priced in the market. However, its Dividend score of 2 suggests that it may not be a strong option for investors seeking regular dividend payments. Overall, Jabil Circuit, Inc. is an electronic manufacturing services provider with a solid reputation for serving international electronics companies across various markets, offering a range of services from circuit design to system assembly.

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