Jabil Outperforms Market with 14.2% Monthly Rally and 31.96% EPS Growth
Jabil shares climbed 2.99% yesterday after outpacing the S&P 500’s 0.47% gain and have rallied 14.19% over the past month versus the Computer and Technology sector’s 1.96% loss. Analysts project Q1 EPS of $2.56 (up 31.96%) on revenue of $7.75 billion (up 15.21%).
1. Recent Stock Performance
Jabil shares closed at $265.96, rising 2.99% and beating the S&P 500’s 0.47% gain, the Dow’s 0.04% rise and Nasdaq’s 0.9% increase. Over the past month, the stock has jumped 14.19% while the Computer and Technology sector lost 1.96%.
2. Upcoming Earnings Estimates
Analysts forecast first-quarter EPS of $2.56, a 31.96% increase year-over-year, on expected revenue of $7.75 billion, up 15.21% from the same period last year. Consensus for the fiscal year calls for EPS of $11.58 (up 18.77%) and revenue of $32.42 billion (up 8.8%).
3. Forward Valuation Metrics
Jabil trades at a forward P/E of 22.3, below the Electronics Manufacturing Services average of 24.71, with a PEG ratio of 1.51 versus the industry’s 1.04. Stable analyst estimate revisions have sustained a buy rating on the stock.
4. Industry Positioning
The Electronics Manufacturing Services industry ranks in the top 2% of over 250 industries, holding a Zacks Industry Rank of 4, which underscores the sector’s relative strength within Computer and Technology.