Jabil (NYSE:JBL) Downgraded by Zacks Research to “Hold”

Jabil (NYSE:JBL) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research firms have also issued reports on JBL. Bank of America restated a “buy” rating and issued a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. JPMorgan Chase & Co. boosted their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. The Goldman Sachs Group raised their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Robert W. Baird lifted their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

NYSE:JBL opened at $338.93 on Monday. The company’s 50-day moving average price is $343.54 and its 200-day moving average price is $314.32. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The company has a market cap of $35.52 billion, a P/E ratio of 42.31, a P/E/G ratio of 1.09 and a beta of 1.30. Jabil has a twelve month low of $189.60 and a twelve month high of $428.93.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, sell-side analysts forecast that Jabil will post 11.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.35% of the company’s stock.

Institutional Trading of Jabil

A number of hedge funds and other institutional investors have recently modified their holdings of JBL. Rakuten Securities Inc. acquired a new position in Jabil in the second quarter valued at about $25,000. Greenline Wealth Management LLC purchased a new position in shares of Jabil during the 4th quarter worth approximately $28,000. Veracity Capital LLC increased its holdings in Jabil by 4,144.3% in the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after purchasing an additional 3,647 shares during the last quarter. Virtus Advisers LLC acquired a new position in Jabil during the fourth quarter worth $32,000. Finally, DV Equities LLC acquired a new position in Jabil during the fourth quarter worth $34,000. 93.39% of the stock is owned by institutional investors and hedge funds.

About Jabil

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.