Jabil Slips 3.6% After Underperforming Despite 11.5% Monthly Rally
Shares of Jabil fell 3.62% after underperforming the S&P 500's 1.04% drop, following an 11.49% gain over the past month compared with the Computer & Technology sector's 0.34% rise. Analysts forecast Q4 earnings of $2.56 per share (31.96% growth) on revenue of $7.75 billion (15.21% increase).
1. Stock Performance
Shares of Jabil fell 3.62% in the latest session, underperforming the S&P 500's 1.04% decline and the Dow's 1.66% drop. Over the past month, the stock has gained 11.49% compared with a 0.34% rise for the Computer & Technology sector and 1.75% for the S&P 500.
2. Upcoming Earnings Expectations
Analysts currently forecast fourth-quarter earnings of $2.56 per share, representing 31.96% year-over-year growth, on revenue of $7.75 billion, which would mark a 15.21% increase versus the prior-year period.
3. Valuation Metrics
Jabil trades at a forward P/E multiple of 23.41x, below the industry average of 24.56x, and holds a PEG ratio of 1.58 compared with the Electronics Manufacturing Services sector average of 1.08.
4. Analyst Scores and Rank
The consensus EPS estimate has remained unchanged over the past 30 days, and Jabil holds a hold rating in the current ranking model, reflecting balanced optimism given steady estimate revisions.