Jabil (JBL) closed at $247.46 in the latest trading session, marking a +2.64% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.83%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq added 1.38%.
The stock of electronics manufacturer has fallen by 6.64% in the past month, lagging the Computer and Technology sector's loss of 3.51% and the S&P 500's loss of 2.65%.
Market participants will be closely following the financial results of Jabil in its upcoming release. The company plans to announce its earnings on March 18, 2026. The company is expected to report EPS of $2.5, up 28.87% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $7.75 billion, indicating a 15.21% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $11.55 per share and a revenue of $32.42 billion, demonstrating changes of +18.46% and +8.8%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Jabil. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Jabil boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Jabil is at present trading with a Forward P/E ratio of 20.87. This valuation marks a discount compared to its industry average Forward P/E of 22.47.
Meanwhile, JBL's PEG ratio is currently 1.41. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. JBL's industry had an average PEG ratio of 0.94 as of yesterday's close.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 6, this industry ranks in the top 3% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Jabil, Inc. (JBL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
