The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President William E. Peters sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 20th. The shares were sold at an average price of $21.90, for a total transaction of $43,800.00. Average sales estimate is measured after the consensus analysis of 10 Analysts. Standpoint Research lowered Jabil Circuit from a “buy” rating to a “hold” rating and set a $26.00 target price on the stock.in a research note on Thursday.
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On 09/21/2016, UBS released a statement for Jabil Circuit, Inc. Citigroup Inc. upped their target price on Jabil Circuit from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday.
One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 2.58 from polled analysts at Reuters One Month Ago. (NYSE:JBL) have given stock price projections where they expect the number to be within the next year. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock.
Boasting a price of $23.73, Jabil Circuit, Inc. The stock tapped a 52-week high of US$6.76 while the 12-month Consensus Price Target is US$0.
Moving toward technical analysis, the current ratio, or the liquidity ratio of a firm was calculated 1.00 as compared to its debt to equity ratio stands at 0.86.
Brokerage firm Briley Maintains its rating on Jabil Circuit (NYSE:JBL).
Jabil Circuit Inc. (NYSE:JBL)’s earnings per share growth ratio for the past 5 years was noted as 14% while revenue increase for the past 5 years was 5.9%. Analysts had an estimated revenue of $4.27B.
During the previous year Jabil Circuit, Inc.’s shares have increased by 16.68% from 18.99 to 22.16.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Earnings per share were $0.28. The ex-dividend date of this dividend was Thursday, August 11th. It has a dividend yield of 1.43%. Jabil Circuit’s dividend payout ratio (DPR) is presently 24.24%. FMR LLC increased its position in Jabil Circuit by 57.2% in the second quarter. Insiders own 2.90% of the company’s stock. JPMorgan Chase & Co. raised its stake in Jabil Circuit by 251.6% in the first quarter.
For the fourth quarter of fiscal year 2016, U.S. GAAP (as defined below) operating income was $93.8 million and U.S. GAAP net diluted earnings per share was $0.20. State Street Corp now owns 6,957,106 shares of the company’s stock worth $134,060,000 after buying an additional 29,792 shares during the last quarter. JPMorgan Chase & Co. now owns 1,632,426 shares of the company’s stock valued at $31,457,000 after buying an additional 1,168,082 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.
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Jabil Circuit Inc. provides electronic manufacturing services and solutions.
