Professional
Added to YB: 2024-03-12
Pitch date: 2023-12-31
JBL [bullish]
Jabil Inc.
+113.38%
current return
Author Info
No bio for this author
Company Info
Jabil Inc. provides engineering, manufacturing, and supply chain solutions worldwide. It operates in three segments: Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce.
Market Cap
$27.2B
Pitch Price
$125.35
Price Target
N/A
Dividend
0.12%
EV/EBITDA
12.09
P/E
40.21
EV/Sales
0.94
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Artisan Mid Cap Fund Added on Position - Jabil Inc.
JBL: Pivoting from low-margin manufacturing (2-3%) to high-value areas like healthcare and 5G since 2017. Despite slow demand & a cut fiscal 2024 outlook, strong earnings & cash flow persist. Sold low-growth smartphone biz; posturing for profitable cycle beyond macro headwinds. Increased GardenSM stake.
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