Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Jabil Inc before investing.

In this article, we go over a few key elements for understanding Jabil Inc’s stock price such as:

• Jabil Inc’s current stock price and volume
• Why Jabil Inc’s stock price changed recently
• Upgrades and downgrades for JBL from analysts
• JBL’s stock price momentum as measured by its relative strength

About Jabil Inc (JBL)

Before we jump into Jabil Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Jabil Inc. is a manufacturing solutions provider. The Company provides comprehensive electronics design, production and product management services to companies in various industries and end markets. It operates through two segments: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). EMS segment is focused on leveraging information technology, supply chain design and engineering, technologies centered on core electronics, utilizing its manufacturing infrastructure and its ability to serve a broad range of end markets. EMS segment includes customers in the fifth generation (5G), wireless and cloud, digital print and retail, industrial and semi-capital equipment, and networking and storage industries. DMS segment provides engineering solutions, which is focused on material sciences, machining, tooling and others. DMS segment includes customers in the automotive and transportation, connected devices, healthcare and packaging industries.

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Jabil Inc’s Stock Price as of Market Close

As of April 19, 2024, 4:00 PM, CST, Jabil Inc’s stock price was $118.75.

Jabil Inc is down 8.36% from its previous closing price of $129.59.

During the last market session, Jabil Inc’s stock traded between $129.11 and $132.10. Currently, there are 125.20 million shares of Jabil Inc stock available for purchase.

Jabil Inc’s price-earnings (P/E) ratio is currently at 11.1, which is low compared to the Electronic Equipment & Parts industry median of 21.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Jabil Inc Stock Price History

Jabil Inc’s (JBL) price is currently down 11.35% so far this month.

During the month of April, Jabil Inc’s stock price has reached a high of $141.45 and a low of $117.56.

Over the last year, Jabil Inc has hit prices as high as $156.94 and as low as $75.48. Year to date, Jabil Inc’s stock is up 74.12%.

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What Caused Jabil Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 18, 2024, there were 8 analysts who downgraded Jabil Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Jabil Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Jabil Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Jabil Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Jabil Inc (JBL) by visiting AAII Stock Evaluator.

Relative Price Strength of Jabil Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 18, 2024, Jabil Inc has a weighted four-quarter relative price strength of 7.10%, which translates to a Momentum Score of 83 and is considered to be Very Strong.

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Jabil Inc Stock Price: Bottom Line

As of April 19, 2024, Jabil Inc’s stock price is $118.75, which is down 8.36% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Jabil Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.