Jabil's stock drops 1.01% as it lags behind S&P 500 and Nasdaq

From Nasdaq: 2024-12-09 18:15:05

In the latest trading session, Jabil (JBL) closed at $134.27, marking a -1.01% move from the prior day, lagging behind the S&P 500 and Nasdaq losses. The company’s shares have decreased 0.08% in the last month, not keeping up with sector gains.

Jabil is set to announce its earnings on December 18, 2024, with analysts expecting earnings of $1.87 per share, a 28.08% decline. The Zacks Consensus Estimates predict full-year earnings of $8.68 per share, a 2.24% change from the previous year.

Market experts advise monitoring recent shifts in analyst projections for Jabil, as estimate revisions are correlated with share price momentum. Jabil currently holds a Zacks Rank of #3 (Hold), with a Forward P/E ratio of 15.64 and a PEG ratio of 1.45.

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Read more at Nasdaq: Jabil (JBL) Suffers a Larger Drop Than the General Market: Key Insights