For its fourth fiscal quarter (ending August 31), Jabil Inc (NYSE: JBL) has reported E.P.S. of $1.20 compared to $1.18 a year ago. For the latest four quarters through August 31, E.P.S. were $11.34 versus $6.15 for the same period a year ago.
Recent Price Action
Jabil Inc (NYSE: JBL) stock closed at $126.65 on 9/26/24 after a major increase of 11.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 244% of normal. The stock has risen 17.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
JBL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Jabil has a current Value Trend Rating of D (Negative). 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 poor Power Rating of 28, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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