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Goldman Sachs Maintains Jabil(JBL.US) With Buy Rating

Futu News ·  09:31  · Ratings

Goldman Sachs analyst Mark Delaney maintains $Jabil (JBL.US)$ with a buy rating.

According to TipRanks data, the analyst has a success rate of 61.9% and a total average return of 16.8% over the past year.

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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 anticipated that the company would provide a conservative forecast for FY25 revenue and EPS. The provided guidance, which aligns with expectations, is seen as an opportunity for Jabil to exceed forecasts as the economic situation improves and end markets such as semiconductor capital equipment experience recovery.

  • The company's Q4 results surpassed expectations, and the FY25 guidance was more optimistic than anticipated. The shares of the company are experiencing a relief rally, and it is projected that FY26 growth will likely see an upward inflection as end-markets recover, with sufficient capacity already established.

  • An analyst noted that Jabil's fourth-quarter results exceeded expectations, accompanied by a conservative initial outlook for FY25. The company's management anticipates a long-term sales compound annual growth rate of 5%-7%. The outlook for FY25 suggests margin pressure due to lower capacity utilization, with expectations for margin improvement 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.
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