Jabil Inc (NYSE: JBL) stock closed at $115.24 on 11/29/23 after a major decline of -11.8%. Moreover, trading volume in this decline was exceptionally high at 525% of normal. The stock has declined -13.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, JBL is expected to continue to be a major Value Builder.
Jabil has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Jabil has a neutral Appreciation Score of 49 but a very high Power Rating of 100, triggering the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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