Home News Stock to Watch: Jabil (NYSE: JBL)

Stock to Watch: Jabil (NYSE: JBL)

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Jabil is part of the technology sector and is in the computer hardware industry. The company CEO is Mark T. Mondello. Jabil Inc is a provider of electronic manufacturing services and solutions. It provides electronic design, production and product management services to companies in the aerospace and defense, automotive.

Previous Intraday Trading Performance:

The JBL stock showed a previous change of 4.40% with an open at 25.36 and a close of 26.10. It reached an intraday high of 26.13 and a low of 25.29.

Business Wire:  Jabil’s Third Quarter of Fiscal Year 2019 Earnings Announcement Set

Liquidity:

The stock has a market cap of $4.0b with 152.9m shares outstanding, of which the float is 141.8m shares. Trading volume reached 821,943 shares compared to its average volume of 1,034,565 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Jabil shares returned 1.28% and in the past 30 trading days it returned -15.53%. Over three months, it changed -8.60%. In one year it has changed -8.74% and within that year its 52-week high was 31.50 and its 52-week low was 21.49. JBL stock is 21.45% above its 52 Week Low.

Our calculations show a 200 day moving average of 26.69 and a 50 day moving average of 28.52. Currently JBL stock is trading -2.21% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  Jabil’s Third Quarter of Fiscal Year 2019 Earnings Announcement Set

Earnings:

The last annual fiscal EPS for the company was reported at 0.49 that ended on 31st of August 2018, which according to the previous close, that is a PE of 53.27. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.69. The TTM EPS is 2.42, which comes to a TTM PE of 10.79. Historically, the PE high was 53.27 and the PE low was 8.50. If the stock reached its PE low, that would represent a price of 20.56, which is a decrease of -21.22%.

Below was the last reported quarterly diluted earnings per share:

Feb19 (Reported on 03/14/2019): 0.43
Nov18 (Reported on 12/18/2018): 0.76
Aug18 (Reported on 09/25/2018): -0.34
May18 (Reported on 06/14/2018): 0.25
Feb18 (Reported on 03/15/2018): 0.21

The dividend per share is currently 0.32, which is a dividend yield of 1.23%. Also, the payout ratio is 13.22%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 40.20, which means it is possibly undervalued and has a margin of safety of 35.07%.

Indicators to Watch:

Short-interest was 4,986,230, which was 3.26% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.40. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.77.

Business Wire:  Medical Properties Trust Acquires 46% Interest in $900 Million Portfolio of Premier Swiss Hospitals

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.86%, return on assets is 1.52%, profit margin is 0.75%, price-to-sales is 0.21 and price-to-book is 2.07.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 4  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.