Jabil Inc.’s Stock Price Stumbles at $122.34, Marks a 3.40% Decline

Jabil Inc. (JBL)

122.34 USD -4.31 (-3.40%) Volume: 1.99M

Jabil Inc.’s stock price stands at 122.34 USD, experiencing a dip of -3.40% this trading session with a trading volume of 1.99M, reflecting a year-to-date percentage change of -3.97%. Stay updated on JBL’s stock market performance for insightful investment decisions.

Latest developments on Jabil Inc.

Jabil Circuit, a leading circuit board maker and Apple supplier, saw a significant surge in its stock price today following the release of strong fourth-quarter results. The company beat estimates with better-than-expected earnings and revenue, leading to a jump in shares. Additionally, Jabil announced a successful buyback program and a restructuring plan, further boosting investor confidence. This positive news has propelled Jabil Circuit to the top of the stock movers list today, alongside other tech companies like Micron and Super Micro Computer.

Jabil Inc. on Smartkarma

Analysts on Smartkarma are bullish on Jabil Circuit, with Tech Supply Chain Tracker highlighting challenges in Taiwan’s energy policy and the positive impact of recycling technology on reducing e-waste. The report also mentions Google’s implementation of DataGemma for improved system accuracy. On the other hand, Baptista Research focuses on Jabil’s strong financial performance in the third quarter of fiscal year 2024, surpassing revenue expectations by $265 million. The company’s success is attributed to its focus on AI, data center markets, and strong performance in connected devices and networking sectors.

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

Looking at the Smartkarma Smart Scores for Jabil Circuit, the company seems to have a positive long-term outlook. With a strong growth score of 5, Jabil Circuit is positioned well for expansion and development in the future. Additionally, the company’s resilience and momentum scores of 3 each indicate a stable and steady performance in the market. While the value and dividend scores are not as high, the overall outlook for Jabil Circuit appears promising based on the Smart Scores.

Jabil Circuit, Inc. is an electronic manufacturing services provider catering to various industries such as communications, personal computer, consumer, and automotive markets. The company offers a range of services including circuit design, prototype assembly, system assembly, repair, and warranty services. With a focus on growth and a solid foundation in place, Jabil Circuit is poised to continue its success in the electronic manufacturing industry.

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