share_log

Barclays Maintains Jabil(JBL.US) With Buy Rating, Maintains Target Price $157

Futu News ·  Sep 27 17:32  · Ratings

Barclays analyst George Wang CFA maintains $Jabil (JBL.US)$ with a buy rating, and maintains the target price at $157.

According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 6.0% over the past year.

AnalystRecentRatingAutoNews_202426_20240927_ce14c57eb206d1fd28984486d61da3ad79420e91_1727526763070403_nn_en

Furthermore, according to the comprehensive report, the opinions of $Jabil (JBL.US)$'s main analysts recently are as follows:

  • Following Jabil's Q4 earnings report and annual investor briefing, it was noted that the guidance for future revenue and EPS was consistent with expectations. It is believed there is potential for Jabil to exceed this guidance should the macroeconomic situation enhance and certain end markets, including semiconductor capital equipment, experience recovery.

  • The company's fourth-quarter results surpassed expectations, and its guidance for fiscal year 2025 was more optimistic than anticipated. Observations indicate that the company's shares are experiencing a relief rally, with the potential for growth in fiscal year 2026 as end-markets begin to recover and sufficient capacity is available.

  • The firm's assessment reflects a stronger-than-anticipated Q4 performance, accompanied by a cautious initial outlook for FY25 as anticipated. Management anticipates a long-term sales compound annual growth rate of 5%-7%. Projections for FY25 earnings per share suggest margin compression due to reduced capacity utilization, with expectations for margin enhancements throughout FY25.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment