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

Futu News ·  Sep 30 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, expectations were set for a conservative forecast for FY25 revenue and EPS. The provided guidance, which aligns with anticipations, presents a possibility for Jabil to surpass these projections as the overall economic environment enhances and certain sectors such as semiconductor capital equipment experience a recovery.

  • The company's Q4 results surpassed expectations, and its FY25 guidance was more optimistic than anticipated. There is a noticeable relief rally in the company's shares, and with end-markets on the mend and sufficient capacity on hand, growth is expected to pick up as we look towards FY26.

  • The firm's assessment of Jabil's Q4 results identified them as surpassing expectations, alongside a preliminary and anticipated cautious outlook for FY25. The company's leadership anticipates a long-term sales compound annual growth rate of 5%-7%, and projections for FY25 EPS suggest margin pressures due to lower capacity utilization, with expectations of margin improvements 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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