Jabil Inc Stock Intrinsic Value – Fort Washington Investment Advisors OH reduces stake in Jabil by selling 466 shares
March 29, 2024
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Jabil Inc ($NYSE:JBL). is a global manufacturing services company that provides electronic manufacturing services and solutions to a diverse range of industries. The company’s stock is listed on the New York Stock Exchange under the ticker symbol “JBL.” Recently, it was reported that Fort Washington Investment Advisors Inc. OH, a wealth management firm based in Ohio, has reduced its stake in Jabil Inc. by selling 466 shares of the company’s stock. While the exact reason for Fort Washington’s decision to reduce its stake in Jabil Inc. is unknown, it is not uncommon for investment firms to regularly review and adjust their portfolios. This could be a strategic move to reallocate their investments or to take advantage of market conditions.
Despite the sell-off of 466 shares, Fort Washington still holds a significant number of Jabil Inc. shares, which suggests that they have confidence in the company’s long-term prospects. The company has adapted to the changing market conditions and has seen a surge in demand for its healthcare and technology-related services, which has helped offset any potential losses in other sectors. Jabil Inc. remains a strong player in the global manufacturing services industry and has shown resilience in the face of challenges. Investors should continue to keep an eye on the company’s performance and any developments that may impact its stock in the future.
Market Price
This move was announced on Thursday, when JABIL INC‘s stock opened at $135.7 and closed at $134.0. This represents a decrease of 1.5% from the previous closing price of $135.9. This reduction in stake by Fort Washington Investment Advisors Inc. OH is significant, as they previously held a considerable amount of shares in Jabil Inc.
However, it should be noted that this sale only represents a fraction of their overall stake in the company. It is not uncommon for large investment firms to make changes to their portfolios, and this move may simply be a strategic decision for Fort Washington. The timing of this sale is also worth mentioning, as it comes amidst a slight decrease in JABIL INC’s stock price. While the stock has been performing well in recent months, with steady increases in value, it experienced a small dip of 1.5% on the day of the sale. This could be a factor in Fort Washington’s decision to reduce their stake in the company. It is unclear at this time what prompted Fort Washington Investment Advisors Inc. OH to sell these shares of Jabil Inc. However, it is worth noting that JABIL INC has been making headlines lately, with several notable developments and partnerships announced in the past year. It is possible that Fort Washington saw this as an opportune time to sell some of their shares in the company. Overall, while this news may come as a surprise to some, it is important to remember that changes in stakeholding by large investment firms are not uncommon in the stock market. It will be interesting to see how Jabil Inc.’s stock price reacts in the coming days and weeks following this sale by Fort Washington Investment Advisors Inc. OH. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jabil Inc. More…
| Total Revenues | Net Income | Net Margin |
| 33.45k | 789 | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jabil Inc. More…
| Operations | Investing | Financing |
| 2.02k | -622 | -1.06k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jabil Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 19.41k | 16.88k | 19.71 |
Key Ratios Snapshot
Some of the financial key ratios for Jabil Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.6% | 28.4% | 4.6% |
| FCF Margin | ROE | ROA |
| 3.0% | 35.9% | 5.0% |
Analysis – Jabil Inc Stock Intrinsic Value
As a financial analyst at GoodWhale, I have conducted a thorough analysis of JABIL INC‘s financials and have come to some key conclusions. Firstly, based on our proprietary Valuation Line, the fair value of JABIL INC’s share is estimated to be around $85.7. This means that the current stock price of $134.0 is overvalued by 56.4%. In order to determine the fair value, we looked at various financial metrics such as revenue growth, profitability, and cash flow. Additionally, the company’s cash flow has been positive and stable, indicating a strong financial position. Based on these factors, we believe that JABIL INC’s fair value should be around $85.7. This means that investors may want to be cautious when considering purchasing the stock at its current price, as it is significantly overvalued. In conclusion, as a financial analyst at GoodWhale, I recommend investors to carefully consider the valuation of JABIL INC before making any investment decisions. While the company has shown strong financial performance, the current stock price is significantly higher than its estimated fair value. It is important to conduct further research and analysis before making any investment decisions. 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
Fort Washington Investment Advisors Inc. OH has recently sold 466 shares of Jabil Inc., a major manufacturing solutions provider. This move indicates a decrease in confidence from the investment advisors in the company’s performance and potential for growth. As a result, it is crucial for investors to carefully analyze the company’s financials, market trends, and competitive landscape before making any investment decisions. It is also important to consider the long-term outlook and potential growth opportunities for Jabil Inc. before investing in the company’s stock.
