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JBL - Jabil: A Beat A Raise And A $1 Billion Stock Buyback
September, 06 2021 05:37 PM
Jabil Inc.
Manufacturing and electronic design services company Jabil continues its hot streak with a strong FQ3 beat on both the top- and bottom-lines. The company also raised guidance for FQ4 and announced a $1 billion stock buyback plan. With a forward P/E of only 11.2x, JBL shares continue to be undervalued and trade at a significantly lower multiple than does the overall market. JBL could easily return 30%+ over the coming year. For further details see:
Jabil: A Beat, A Raise, And A $1 Billion Stock Buyback
Stock Information
Company Name:
Jabil Inc.
Stock Symbol:
JBL
Market:
NYSE
Website:
jabil.com
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