Jabil Inc (JBL): Uncovering A True Diamond In The Rough

Jabil Inc (NYSE:JBL) currently has a daily average trading volume of 1.62M but it saw 1115217 shares traded in last market. With a market cap of 13.71B USD, the company’s current market price of $113.69 came rising about 3.35 while comparing to the previous closing price of $110.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.94 and as low as $100.18.

Taking a look at 20-day trading activity of Jabil Inc (JBL) gives us an average price of $114.02, while its current price level is -27.56% below from 52-week high level whereas it is 13.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $115.96 while that of 200 days or SMA-200 reads an average of $126.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 3.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.80 which implies that the stock is in neutral territory.

#####

#####

Barclays issued its recommendations for the stock as it initiated the price target for the stock is $134.

Over the week, JBL’s stock price is moving 4.75% up while it is -0.17% when we observe its performance for the past one month. Year-to-date it is -10.76% down and over the past year, the stock is showing an upside performance of 2.14%.

#####

Currently, Jabil Inc’s total number of outstanding shares is 131.29M. Company’s return on investment (ROI) stands at 25.83% and return on equity (ROE) at 56.07%. It has a price to earnings ratio (P/E ratio) of 10.35 while having a 12.38 of forward P/E ratio. Stock’s beta reads 1.27. Stock has a price to book (P/B) ratio of 5.93 while price to sale or P/S ratio amounts to 0.45. Its return on asset (ROA) is 7.62% on average.

#####