Jabil Stock Today

JBL
 Stock
  

USD 70.63  0.18  0.26%   

Market Performance
9 of 100
Odds Of Distress
Less than 13
Jabil Circuit is selling for 70.63 as of the 28th of November 2022. This is a 0.26 percent increase since the beginning of the trading day. The stock's lowest day price was 70.1. Jabil Circuit has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Jabil Circuit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2022 and ending today, the 28th of November 2022. Click here to learn more.
CUSIP
466313103
Fiscal Year End
August
Business Domain
Technology Hardware & Equipment
IPO Date
29th of April 1993
Category
Technology
Classification
Information Technology
Jabil Inc. provides manufacturing services and solutions worldwide. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida. Jabil Circuit operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 134.64 M outstanding shares of which 2.46 M shares are currently shorted by investors with about 2.0 days to cover. More on Jabil Circuit

Moving together with Jabil Circuit

+0.7CLRContinental Resources DelistingPairCorr
+0.87HPHelmerich Payne Sell-off TrendPairCorr
Follow Valuation Options Odds of Bankruptcy
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Jabil Circuit Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jabil Circuit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jabil Circuit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Over 91.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Payment of 10 shares by Daryn Smith of Jabil Circuit subject to Rule 16b-3
CEOKenneth Wilson
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Jabil Circuit report their recommendations after researching Jabil Circuit's financial statements, talking to executives and customers, or listening in on Jabil Circuit's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Jabil Circuit. The Jabil consensus assessment is calculated by taking the average forecast from all of the analysts covering Jabil Circuit.
Strong Buy4 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Jabil Circuit based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Jabil Circuit financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted183.8 M144.4 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares180.1 M141.2 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets4.725.4769
Fairly Down
Increasing
Very volatile
Net Cash Flow from Operations1.3 B1.7 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities14.8 B13.7 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities18.6 B17.3 B
Significantly Up
Increasing
Slightly volatile
Gross Margin7.377.8619
Notably Down
Increasing
Very volatile
Total Debt3.3 B3.8 B
Fairly Down
Increasing
Slightly volatile
Asset Turnover2.141.8409
Fairly Up
Decreasing
Slightly volatile
Current Assets15 B13.9 B
Significantly Up
Increasing
Slightly volatile
Total Assets21.3 B19.7 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Jabil Circuit's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Jabil Circuit's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jabil Circuit's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Jabil Circuit's financial leverage. It provides some insight into what part of Jabil Circuit's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Jabil Circuit's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Jabil Circuit deploys its capital and how much of that capital is borrowed.
Liquidity
Jabil Circuit cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.73 B in debt with debt to equity (D/E) ratio of 1.52, which is OK given its current industry classification. Jabil Circuit has a current ratio of 0.99, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Jabil Circuit until it has trouble settling it off, either with new capital or with free cash flow. So, Jabil Circuit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jabil Circuit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jabil to invest in growth at high rates of return. When we think about Jabil Circuit's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.31 Billion
Jabil Circuit (JBL) is traded on New York Stock Exchange in USA and employs 250,000 people. The company currently falls under 'Mid-Cap' category with total capitalization of 9.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jabil Circuit's market, we take the total number of its shares issued and multiply it by Jabil Circuit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Jabil Circuit runs under Technology sector within Electronic Components industry. The entity has 134.64 M outstanding shares of which 2.46 M shares are currently shorted by investors with about 2.0 days to cover. Jabil Circuit has about 1.49 B in cash with 1.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.1.
Check Jabil Circuit Probability Of Bankruptcy
Ownership
Jabil Circuit secures a total of 134.64 Million outstanding shares. The majority of Jabil Circuit outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Jabil Circuit to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Jabil Circuit. Please pay attention to any change in the institutional holdings of Jabil Circuit as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Jabil Ownership Details

Jabil Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Jabil Circuit jumping above the current price in 90 days from now is near 1%. The Jabil Circuit probability density function shows the probability of Jabil Circuit stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.131. This indicates Jabil Circuit market returns are highly reactive to returns on the market. As the market goes up or down, Jabil Circuit is expected to follow. Additionally, the company has an alpha of 0.1388, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 70.63HorizonTargetOdds Above 70.63
99.10%90 days
 70.63 
0.88%
Based on a normal probability distribution, the odds of Jabil Circuit to move above the current price in 90 days from now is near 1 (This Jabil Circuit probability density function shows the probability of Jabil Stock to fall within a particular range of prices over 90 days) .

Jabil Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Jabil Circuit that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Jabil Circuit's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Jabil Circuit's value.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares9.3 K266 K
Zweigdimenna Associates LlcCommon Shares9.3 K271 K
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Jabil Circuit Historical Income Statement

Jabil Circuit Income Statement is one of the three primary financial statements used for reporting Jabil's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Jabil Circuit revenue and expense. Jabil Circuit Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Jabil Circuit Net Loss Income from Discontinued Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Loss Income from Discontinued Operations is estimated at 10.64 Million. Net Income to Non Controlling Interests is expected to hike to about 2.5 M this year, although the value of Cost of Revenue will most likely fall to nearly 27.4 B. View More Fundamentals

Jabil Stock Against Markets

Picking the right benchmark for Jabil Circuit stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jabil Circuit stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jabil Circuit is critical whether you are bullish or bearish towards Jabil Circuit at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jabil Circuit without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jabil Circuit Corporate Directors

Jabil Circuit corporate directors refer to members of a Jabil Circuit board of directors. The board of directors generally takes responsibility for the Jabil Circuit's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Jabil Circuit's board members must vote for the resolution. The Jabil Circuit board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lawrence Murphy - Independent DirectorProfile
Martha Brooks - Independent DirectorProfile
Steven Raymund - Independent DirectorProfile
John Plant - Independent DirectorProfile

Invested in Jabil Circuit?

The danger of trading Jabil Circuit is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jabil Circuit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jabil Circuit. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jabil Circuit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the Jabil Circuit information on this page should be used as a complementary analysis to other Jabil Circuit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Jabil Circuit price analysis, check to measure Jabil Circuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jabil Circuit is operating at the current time. Most of Jabil Circuit's value examination focuses on studying past and present price action to predict the probability of Jabil Circuit's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jabil Circuit's price. Additionally, you may evaluate how the addition of Jabil Circuit to your portfolios can decrease your overall portfolio volatility.
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Is Jabil Circuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jabil Circuit. If investors know Jabil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jabil Circuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.92
Market Capitalization
9.5 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0493
Return On Equity
0.43
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine Jabil Circuit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.