Jabil (JBL)
April 24, 2023
We reiterate our Outperform and bump up our target from $95 to $100 on the shares of Jabil (JBL; $78.81; O/P) after hosting an investor visit last Wednesday (4/19) to its rapidly expanding operations in…
March 16, 2023
Jabil (JBL; $78.37; O/P) produced a healthy FQ2 (Feb) sales, margin and EPS beat, held back somewhat by higher interest costs related mainly to some higher than expected inventories that we see proving highly transitory….
March 16, 2023
Jabil (JBL; $80.33; O/P) reported FQ2 (Feb) “core” non-GAAP EPS of $1.88, which beat our $1.84 and the Street’s $1.85 on sales of $8,134mm (vs. our $8,000mm and the Street’s $8,089mm) and despite ~$0.05 of…
March 9, 2023
We reiterate our Outperform on Jabil shares (JBL; $84.84; O/P) ahead of its FQ2 (Feb) results and outlook, scheduled for next Thursday (3/16 before market). We are comfortable with our FQ2E sales, operating margin, and…
January 24, 2023
We raise our target on the shares of Jabil (JBL; $81.17; O/P) from $85 to $95, which is a bit of a “housekeeping call” after our bullish meetings at the Consumer Electronics Show in Las…
January 9, 2023
We reiterate our Outperform on the shares of Jabil (JBL; $67.98) after hosting an investor meeting at the Consumer Electronics Show (CES) in Las Vegas with Kenny Wilson, who takes over as CEO in May,…
December 15, 2022
We reiterate our Outperform on the shares of Jabil (JBL; $69.22) as we bump up F2023E (Aug) EPS from $8.25 to $8.40 (+10% YoY) and adjust F2024E EPS from $9.00 to $9.20 (+10%) after FQ1…
December 15, 2022
Jabil (JBL; $72.60; O/P) reported FQ1 (Nov) “core” non-GAAP EPS of $2.31, which was ahead of our $2.25 and the Street’s $2.24 on sales of $9,635mm (vs. our $9,300mm and the Street’s $9,290mm). As per…
December 8, 2022
We expect FQ1 (Nov) results from Jabil (JBL; $71.72; O/P) at least living up to Street expectations and see management reiterating F2023E (Aug) guidance when it reports next Thursday (12/15 before market). However, we would…
November 4, 2022
This morning, Jabil (JBL; $65.46; O/P) announced that its Board appointed Kenny Wilson as the company’s next CEO, taking over from current CEO Mark Mondello, who will remain on the Board of Directors as Executive…