Impact of Brokerage Rating on Jabil Circuit, Inc.(JBL)

Many Jabil Circuit, Inc.(JBL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Jabil Circuit was Upgraded by Standpoint Research to Buy on Nov 22, 2016.

Company has reported several Insider transactions to the SEC, on Feb 14, 2017, William E Peters (President) sold 11,000 shares at 25.50 per share price.On Feb 14, 2017, William D Jr Muir (Chief Operating Officer) sold 10,000 shares at 25.40 per share price.On Feb 10, 2017, Mark T Mondello (Chief Executive Officer) sold 20,000 shares at 25.00 per share price.

Jabil Circuit Last issued its quarterly earnings results on Dec 15, 2016. The company reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.64. The company had revenue of $5104.90 million for the quarter, compared to analysts expectations of $4913.17 million. The companys revenue was down -2.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Jabil Circuit, Inc. (NYSE:JBL) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.25 by 8 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

Jabil Circuit, Inc. (NYSE:JBL): 8 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $24.13 in Jabil Circuit, Inc. (NYSE:JBL). However, the stock price could fluctuate by $ 2.3 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $27 price target with the lower price estimate is calculated at $20

Jabil Circuit, Inc. (NYSE:JBL) witnessed a decline in the market cap on Tuesday as its shares dropped 1.1% or 0.28 points. After the session commenced at $25.3, the stock reached the higher end at $25.3 while it hit a low of $25.055. With the volume soaring to 1,149,340 shares, the last trade was called at $25.16. The company has a 52-week high of $25.615. The company has a market cap of $4,585 million and there are 182,230,940 shares in outstanding. The 52-week low of the share price is $16.78.

Jabil Circuit, Inc. is a worldwide independent provider of electronic manufacturing services. It designs and manufactures electronic circuit board assemblies and systems for major original equipment manufacturers in the communications, computer peripherals, personal computer, automotive and consumer products industries. It serves its original equipment manufacturer customers with dedicated work cell business units that combine high volume, highly automated continuous flow manufacturing with advanced electronic design and design for manufacturability technologies.


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