Consensus Estimates and Trading Data for Jabil Inc. (JBL)

In the past 52-week period, shares of Jabil Inc. (NYSE:JBL) have moved within the range of $20.32 to $31.70. On the stock’s most recent trading day, the company’s shares ended the regular session at $28.42, which is 10.35% lower than its 52-week high.

Jabil Inc. (JBL) has demonstrated a 20-day simple moving average (SMA) of -0.59%, and a 50-day SMA of -3.87%. This public company’s current market capitalization stands at $4.93 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Jabil Inc. (JBL) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Aug. 2017, Jabil Inc. (JBL) delivered a 3.28% surprise with its net revenue. Sales reached $5.02 billion during the three-month period, compared to the average analyst estimate of $4.86 billion.

Meanwhile, during the same quarter Jabil Inc. (JBL) delivered a 4.37% earnings surprise. Net earnings for the quarter were posted at $0.64 per share, whereas Wall Street had forecast $0.61 per share.

Ownership at Jabil Inc. (JBL), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Jabil Inc. (JBL) has 0.18 billion shares outstanding currently, 97.23% of which belong to institutional investors. Those institutional holdings amount to $4.86 billion.

Additionally, according to the most recent 13F filing from Jabil Inc. (JBL), there were 39 new positions totaling 1,786,619 shares of the company’s stock. There were 48 sold out positions, on the other hand, totaling 3,661,887 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Jabil Inc. (JBL) has had a 20-day average volume of 2,212,215 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,219,674 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,943,118 shares with 67% of long-term indicators pointing to Sell.