This summary was created by AI, based on 1 opinions in the last 12 months.
Jabil Circuit, with symbol JBL-N, has recently announced weak sales and slashed guidance, but its stock is still up 70% this year. Despite being known for supplying Apple, its earnings have tripled in the past 5 years and it offers steady earnings growth over the past decade. Overall, the company has seen significant growth and maintained a strong position in the market.
He just bought it. It's cheap at 10x forward earnings. They're in a hot business--a in logistics and supply chains. A very cheap stock. They've gotten into new markets. It's low-risk given the low multiple. They will guide to an earnings number of $10/share. Earnings will be released on Wednesday. This is a long-term hold.
The problem he is having with this is the same problem he is having with many of the others in the contract manufacturing space. The margins are so thin. Their pre-tax margin is about 3%, so if they make a mistake, it costs them a lot and there is not a lot of opportunity to make up profit.
Jabil Circuit is a American stock, trading under the symbol JBL-N on the New York Stock Exchange (JBL). It is usually referred to as NYSE:JBL or JBL-N
In the last year, 1 stock analyst published opinions about JBL-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Jabil Circuit.
Jabil Circuit was recommended as a Top Pick by on . Read the latest stock experts ratings for Jabil Circuit.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Jabil Circuit In the last year. It is a trending stock that is worth watching.
On 2024-11-22, Jabil Circuit (JBL-N) stock closed at a price of $131.12.
It just pre-announced weak sales and slashed guidance, but it's still up 70% this year. Earnings have tripled in the past 5 years. They do more than supply Apple. Offer steady earnings grow in the past decade.