Jabil Inc. (JBL) closed the session at $327.74, marking a decrease of $13.06 (-3.83%) compared to the previous close of $340.80. The trading volume stood at $254,048, representing a 22.13% increase relative to the average volume. The asset experienced notable price fluctuations amidst today's trading session.
JBL's latest quarterly earnings report was announced on Tuesday, March 17th. The earnings per share came in at 2.69, surpassing the consensus estimate of 2.51.
The company's forward dividend yield is 0.098%, with a dividend per share of 8 cents over the most recent quarter and 32 cents trailing twelve months.
Jabil Inc. reported a free cash flow of $506 million. Notable cash activities included acquisitions netting at -$768 million and debt repayment amounting to -$909 million. The company ended the period with $1.83 billion in cash.
Revenues for the period totaled $8.28 billion, resulting in a gross profit of $746 million. Operating income stood at $387 million, leading to a net income of $223 million. Earnings per share (EPS) and diluted EPS were reported at $2.09 and $2.08, respectively.
Key ratios include a net profit margin of 2.69%, return on equity of 16.59%, and a price-to-earnings ratio of 31.64, reflecting the asset's financial performance and valuation.
JBL's balance sheet shows total assets of $20.63 billion and total liabilities of $19.28 billion. The company held $1.83 billion in cash and cash equivalents, with net debt amounting to $2.56 billion.
This comprehensive overview encapsulates Jabil Inc.'s financial performance and market activity for the day.
Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides electronic design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.