A look at Jabil Circuit, Inc. (JBL)'s track record of earnings

Jabil Circuit

Jabil Circuit has a consensus rating of "Hold" and a consensus target price of $32.17. (NYSE:JBL) is under coverage by number of analysts.

William E Peters, President of Jabil Circuit Inc sold 10,000 shares on Mar 14, 2017. The stock is now moving above its 20-Day Simple Moving Average of 9.24% with the 50-Day Simple Moving Average of 9.24 percent.

09/22/2016 - Jabil Circuit, Inc. was downgraded to "hold" by analysts at Needham & Company.

The St. Petersburg, FL-based electronic manufacturing specialist reported Q2 earnings per share (EPS) of $0.48, which was $0.02 better than the Wall Street consensus estimate of $0.46.

The company said revenue for the quarter rose 1.1% to $4.45 billion. Jabil Circuit had a return on equity of 11.81% and a net margin of 1.15%.

Tech Data has delivered an average positive earnings surprise of 8.73% in the trailing four quarters while ADTRAN and Applied Materials have delivered positive earnings surprises of 35.82% and 3.92%, respectively over the same time frame. (NYSE:JBL). Voloridge Investment Mngmt Ltd Llc holds 274,422 shares or 0.14% of its portfolio. Royal Bank of Canada lifted their price target on shares of Jabil Circuit from $24.00 to $27.00 and gave the company a "sector perform" rating in a report on Monday.

At the movement Jabil Circuit, Inc. If you are viewing this report on another website, it was copied illegally and republished in violation of USA & global copyright & trademark laws.

However, Jabil Circuit Diversified Manufacturing Services (DMS) segment has suffered owing to weakness in demand for Apple Inc.'s AAPL iPhone.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Monday, February 13th. $34,069 worth of Jabil Circuit, Inc. Also, EVP Joseph A. Mcgee sold 36,980 shares of Jabil Circuit stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $26.50, for a total value of $265,000.00. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 24.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the sale, the chief executive officer now owns 311,125 shares in the company, valued at $8,300,815. The disclosure for this sale can be found here. Tightening the gaze, stock performance for the last 5 trading days is 2.31%. It improved, as 23 investors sold Jabil Circuit, Inc. shares while 112 reduced holdings. Virginia Retirement Systems ET AL bought a new position in shares of Jabil Circuit during the third quarter worth approximately $209,000. The biggest holder now is Mr. Mark T. Mondello who owns 2,047,619 shares (1.12% of those outstanding), whilst William D. Morean holds 2,013,917 (1.11% of shares outstanding) and William E. Peters holds 753,422 (0.41% of shares outstanding). The stock of Jabil Circuit, Inc. The company reported its last quarter on Feb 17. Post-earnings, Jabil Circuit, Inc. stock ranged between $19.03 and $20.63 after opening the day (03/17/2016) at $20.56.

Related news: