|Bid||30.96 x 800|
|Ask||0.00 x 800|
|Day's Range||30.83 - 31.24|
|52 Week Range||21.49 - 31.24|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||29.30|
|Earnings Date||Jun 12, 2019 - Jun 17, 2019|
|Forward Dividend & Yield||0.32 (1.20%)|
|1y Target Est||31.22|
CNBC's Eric Chemi, Kate Rogers and Seema Mody break down earnings for Adobe, Ulta Beauty and Jabil. Alli McCartney, managing director at UBS, examines the numbers alongside CNBC's Mike Santoli.
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]After several months of aggressive posturing and painful tariffs, the trade war may finally reach a positive resolution. Recently, Treasury Secretary Steven Mnuchin said the trade talks with China were close to the "final round." With this news, investors can choose to dial up the risk-reward ratio with cutting-edge tech stocks.Tacitly, the thawing in U.S.-China relations is an admission that the tariffs have hurt both sides. But now it appears that the Trump administration can bring the trade tensions to an end. If so, this would obviously greenlight recently embattled tech stocks. However, speculators can take a position now before the wave of intense buying interest takes over.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you're feeling confident towards this latest diplomatic headline, I'd also look into smartphone stocks. Although "peak smartphone" is a serious problem, it largely affects individual, premium competitors like Apple (NASDAQ:AAPL). But mobility and connectivity themselves will continue to mold and shape our personal and professional lives.Whether it's the integration of digital assistants in our homes, or the brave new world of automated transportation, all these innovations are rooted in the Internet of Things. That means smartphone stocks, no matter how volatile they get, offer viable longer-term opportunities. * 7 Stocks to Buy for Spring Season Growth Here then are four tech stocks that leverage connectivity for profitability: Alphabet (GOOG, GOOGL)If you have a long-term outlook on tech stocks, it's mandatory that you consider Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). For one thing, GOOG stock represents total domination of the internet. Google ranks as the world's number-one search engine. At 93% market share, it's not even close.But what I really like about GOOGL stock is that management acts like they have something to prove. One example is Waymo, their autonomous driving company.Another reason to consider GOOGL is it's smartphone business. Between its Android OS and its Pixel phones, Google should continue to profit from smartphone proliferation. Jabil (JBL)Typically, most investors of tech stocks focus on the industry's front face. That's only natural, as they generate the most media attention. However, underlining the direct competitors within the consumer-electronics arena are manufacturing services companies like Jabil (NYSE:JBL). As the tech space expands into greater areas of our lives, JBL stock residually benefits.But what separates Jabil from rivals in the space is that the organization has expanded with the industry. Today, JBL stock offers exposure to multiple capabilities, including 3D printing, driver-assistance systems, cloud computing and medical technologies.Additionally, the tech firm has significant implications for smartphone stocks. Modern smart devices can't market themselves merely on connectivity. As consumer expectations rise, so does demand for smaller and thinner devices. That presents manufacturing and functionality challenges, but they're also areas in which Jabil thrives. * 7 Stocks to Buy for Spring Season Growth JBL stock has skyrocketed this year, gaining nearly 25%. Admittedly, shares are a bit overheated for my liking. But I'd seriously consider any dips as buying opportunities. Ceragon Networks (CRNT)When most folks think about tech stocks, they usually conjure up images of Silicon Valley. While some of the greatest names in the sector hail from the region, another top location is Israel.And although Tel Aviv-based Ceragon Networks (NASDAQ:CRNT) isn't necessarily a household name, CRNT stock is positioned to benefit from the transition to 5G. Ceragon specializes in wireless backhaul solutions, meaning their services will see increased demand as networks and manufacturers make the transition.Additionally, the company has business in the communications for the maritime and energy industries. Like commercial telecom, these sectors will more than likely offer sustained revenue channels.CRNT stock has suffered significant volatility. But despite the nearer-term risks, I believe the longer-term fundamentals will eventually support the share price. Xiaomi (XIACY)To conclude my list of cutting-edge tech stocks, I'm going to go extremely speculative with Xiaomi (OTCMKTS:XIACY). Xiaomi is a Chinese firm, so you can expect volatile trading based on trade-war news.At the same time, I see massive opportunities for smartphone stocks that focus on low-cost mobile solutions. As smartphones spread to markets where consumers make less money, companies like Apple will have difficulty penetrating profitably. However, low-cost Chinese leaders like Xiaomi thrive in this environment. * 7 Stocks to Buy for Spring Season Growth It's crazy-risky, but XIACY stock nonetheless offers a compelling narrative.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 4 Tech Stocks on the Cutting Edge of Connectivity appeared first on InvestorPlace.
The New York private equity firm is paying a premium of about 26 percent above the Bay Area company's closing price from Friday.
Jabil (JBL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Jabil Inc. (NYSE:JBL), with a market cap of US$4.5b, often get neglected by retail investors. Surprisingly though, when acco...
Jabil Inc NYSE:JBLView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for JBL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting JBL. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding JBL are favorable with net inflows of $71.02 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. JBL credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Jabil Inc (NYSE: JBL )'s operating margin and free cash flow trends are likely to inflect over the next 12 months, while increased diversity in the company’s businesses and improved profit streams should ...
Raymond James analyst Adam Tindle upgraded the electronics-manufacturing firm to Strong Buy from Market Perform, and established a $34 price target. Apple represents 28% of Jabil’s sales.
"We got courted but when it comes down to it, we're a St. Pete company," Jabil's CEO said.
Inevitable downturns are part of the investment process; however, we see no reason to alter our enthusiasm for the long-term prospects of our broadly diversified portfolios of what we believe to be undervalued stocks, suggests Chris Quigley, value investor and contributing editor to The Prudent Speculator.
Jabil, one of the Tampa Bay area’s largest public companies, raised its revenue in the second quarter by 14 percent. The electronics manufacturer for the second quarter ending Feb. 28 reported $6.1 billion in net revenue compared to $5.3 billion for the same period last year. “I’m extremely pleased with our outstanding second quarter results, which further demonstrate the success of our diversification strategy,” said Jabil CEO Mark Mondello in a statement.
Broadcom posted earnings per share of $5.55, while analysts polled by Refnitiv expected a profit of $5.23. AT&T T —AT&T shares rose 0.4 percent after Raymond James upgraded the telecom giant to outperform, citing a more attractive valuation relative to rival Verizon . Raymond James also said the stock could outperform the entire telecom sector this year.
Check out the companies making headlines after the bell:Shares of Ulta Beauty ULTA jumped more than 4 percent in extended trading Thursday following the release of the beauty company's better-than-expected fourth-quarter earnings.
On a per-share basis, the St Petersburg, Florida-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 64 cents per share. The results ...
NEW YORK, NY / ACCESSWIRE / March 14, 2019 / Jabil Inc (NYSE: JBL ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on March 14, 2019, 2018 at 4:30 PM Eastern ...
Jabil Circuit (NYSE: JBL ) unveils its next round of earnings this Thursday, March 14. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement Earnings and Revenue Based on management's ...
S&P Ratings predicts that Apple’s iPhone revenue will drop by around 15% in fiscal 2019, and a continuing decline continues, it would hurt the creditworthiness of its suppliers.