Jabil (JBL) closed at $115.97, up 1.54% from the previous day, outperforming the S&P 500. In the past month, the stock dropped by 2.74%, below the sector and S&P gains. Earnings per share (EPS) are projected to be $1.90, with revenue expected at $6.51 billion for the upcoming quarter.

Analyst estimates for Jabil indicate a 4.52% decrease in EPS and a 23.23% drop in revenue year-over-year. The Zacks Rank system, which ranks Jabil as a Hold, considers estimate changes in predicting stock performance. Jabil’s valuation metrics show a Forward P/E ratio of 13.58 and a PEG ratio of 1.32.

The Electronics – Manufacturing Services industry, to which Jabil belongs, ranks in the top 20% of all industries based on Zacks Industry Rank. Investors are advised to track these metrics on Zacks.com. Additionally, Zacks experts have identified 7 elite stocks, including Jabil, as the “Most Likely for Early Price Pops.” Download the report for free for the next 30 days.

Read more at Nasdaq: Why Jabil (JBL) Outpaced the Stock Market Today