Jabil Inc Stock Fair Value – Jabil Reports Record Non-GAAP EPS, Beats Estimates by $0.02 and Revenue by $40M

🌥️Trending News

Jabil Inc ($NYSE:JBL)., a leading American electronics manufacturer, has recently reported a record Non-GAAP earnings per share of $2.60. This impressive result beat expectations by $0.02, and revenue of $8.4 billion exceeded expectations by $40 million. Jabil offers a wide range of services such as supply chain optimization, product design, prototyping and development, engineering and aftermarket repair services. The company has an impressive portfolio of blue-chip clients including Apple, HP, Cisco, Sony and Microsoft. Its focus on innovation and technology has enabled it to become one of the largest and most successful manufacturers in the world.

Its commitment to excellent service and quality products has seen it become a leader in the industry. Jabil’s impressive results indicate its ability to continue to innovate and provide customers with high-quality products and services. These strong results also demonstrate its commitment to meeting the needs of its customers. With its strong financial performance and focus on customer satisfaction, Jabil is well positioned to continue its impressive growth and remain a leader in the electronics manufacturing industry.

Earnings

On November 30, 2021, JABIL INC reported record non-GAAP EPS and beat estimates by $0.02, along with a total revenue of $8567.0M USD and net income of $241.0M USD. This marked an 8.1% increase in net income compared to the previous year, and a total revenue decrease of 11.1% over the same period. In addition, JABIL INC’s total revenue has decreased from $8567.0M USD to $8387.0M USD over the last three years. This earning report marks a rebound for the company, as they beat estimates and reported a higher net income than in previous years.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Jabil Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Jabil Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Jabil Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Jabil Inc are shown below. More…

Stock Price

On Thursday, Jabil Inc. reported record non-GAAP earnings per share (EPS) and beat the estimated earnings by $0.02. Revenues also beat estimates by $40 million. This news saw the stock price of Jabil open at $130.1 and close at $136.4, a rise of 13.1% from its prior closing price of $120.6.

This news was welcomed by investors as the stock price soared on the back of the positive results. Jabil’s strong performance indicates that the company is on a solid footing and is well-positioned to continue its growth trajectory. Live Quote…

Analysis – Jabil Inc Stock Fair Value

At GoodWhale, we have conducted an analysis of the fundamentals of JABIL INC. Using our proprietary Valuation Line, we have determined that the intrinsic value of JABIL INC share is around $81.1. Currently, JABIL INC stock is traded at $136.4, which is overvalued by 68.3%. This suggests that investors should be cautious when it comes to investing in JABIL INC, as the stock may be at risk of pullback. More…

Peers

It is headquartered in St. Petersburg, Florida, and it has been in business since 1966. The company has more than 100,000 employees, and its revenue was $17.9 billion in 2017. Jabil Inc‘s main competitors are Flex Ltd, Venture Corp Ltd, and Suzhou Etron Technologies Co Ltd.

– Flex Ltd ($NASDAQ:FLEX)

Flex Ltd is a leading manufacturer of electronic components and assemblies. The company has a market capitalization of 7.97 billion as of 2022 and a return on equity of 18.46%. Flex Ltd is a diversified company that operates in a variety of industries, including automotive, consumer electronics, communications, computing, and industrial. The company has a strong global presence and is headquartered in Singapore. Flex Ltd is a publicly traded company on the Singapore Stock Exchange.

– Venture Corp Ltd ($SGX:V03)

Venture Corp Ltd is a Singapore-based company that provides electronic manufacturing services. The company has a market cap of 4.64B as of 2022 and a Return on Equity of 12.65%. The company’s primary businesses are in the areas of original design manufacturing, precision engineering, and electronics manufacturing services. The company also provides value-added services such as product development, assembly, and testing.

– Suzhou Etron Technologies Co Ltd ($SHSE:603380)

As of 2022, Suzhou Etron Technologies Co Ltd has a market cap of 4.81B and a Return on Equity of 13.48%. The company is engaged in the research, development, production and sales of optoelectronic products and solutions. The company’s products are used in a wide range of applications, including telecommunications, data communications, consumer electronics, automotive electronics, industrial electronics and medical electronics.

Summary

JABIL Inc. is a technology solutions provider that has recently reported a strong financial performance in its fourth quarter. Its non-GAAP earnings per share of $2.60 surpassed analysts’ estimates by $0.02, while its revenue of $8.4 billion exceeded market expectations by $40 million. This positive news has been reflected in the stock price, which rose in response to the news. Investing in JABIL Inc. can be a sound decision as the company is expected to continue its positive momentum and provide investors with solid returns.

Its strong financial performance is an indication of the company’s ability to make effective decisions that will result in improved performance and profits. Investing in JABIL Inc. could lead to significant returns for long-term investors.