Jabil (JBL) Falls More Steeply Than Broader Market: What Investors Need to Know

Company Performance - Jabil's stock closed at $157.51, reflecting a -1% change from the previous trading day, which lagged behind the S&P 500's daily loss of 0.47% [1] - Over the past month, Jabil's shares experienced a loss of 0.27%, outperforming the Computer and Technology sector's loss of 4.34% and the S&P 500's loss of 1.78% [1] Earnings Estimates - Jabil is expected to report an EPS of$ 1.81, representing a 7.74% increase compared to the same quarter last year [2] - Revenue is forecasted to be $6.41 billion, indicating a 5.25% decline from the corresponding quarter of the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at$ 8.78 per share, with revenue expected to be $27.35 billion, reflecting changes of +3.42% and -5.31% respectively from the previous year [3] - Changes in analyst estimates are crucial as they indicate the evolving nature of near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Jabil has a Forward P/E ratio of 18.13, which is lower than the industry average Forward P/E of 18.92, suggesting that Jabil is trading at a discount [6] - The company has a PEG ratio of 1.45, compared to the industry average PEG ratio of 1.26, indicating a relatively higher valuation when considering growth [7] Industry Context - The Electronics - Manufacturing Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 4, placing it in the top 2% of over 250 industries [8] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]