Jabil Circuit Stock Price on June 4, 2024

JBL Stock  USD 110.54  1.68  1.50%   
Below is the normalized historical share price chart for Jabil Circuit extending back to April 29, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jabil Circuit stands at 110.54, as last reported on the 21st of July, with the highest price reaching 113.77 and the lowest price hitting 110.17 during the day.
IPO Date
29th of April 1993
200 Day MA
126.4512
50 Day MA
115.5574
Beta
1.267
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Jabil Stock, it is important to understand the factors that can impact its price. Jabil Circuit holds Efficiency (Sharpe) Ratio of -0.0415, which attests that the entity had a -0.0415% return per unit of risk over the last 3 months. Jabil Circuit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jabil Circuit's Market Risk Adjusted Performance of (2.01), risk adjusted performance of (0.06), and Standard Deviation of 2.41 to validate the risk estimate we provide.
  
At this time, Jabil Circuit's Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 23.5 B this year, although the value of Other Stockholder Equity is projected to rise to (1.3 B). . At this time, Jabil Circuit's Price Sales Ratio is quite stable compared to the past year. Jabil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0415

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Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jabil Circuit is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jabil Circuit by adding Jabil Circuit to a well-diversified portfolio.
Price Book
6.083
Enterprise Value Ebitda
5.7406
Price Sales
0.5039
Shares Float
109 M
Dividend Share
0.32

Jabil Circuit Main Headline on 4th of June 2024

Jabil Circuit dividend paid on 4th of June 2024

Jabil Circuit Valuation on June 4, 2024

It is possible to determine the worth of Jabil Circuit on a given historical date. On June 4, 2024 Jabil was worth 116.13 at the beginning of the trading date compared to the closed value of 114.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jabil Circuit stock. Still, in general, we apply an absolute valuation method to find Jabil Circuit's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jabil Circuit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jabil Circuit's related companies.
 Open High Low Close Volume
  119.40    119.40    115.97    117.23    768,279  
06/04/2024
  116.13    116.13    114.07    114.21    788,435  
  115.00    116.03    113.73    115.97    939,163  
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Open Value
116.13
109.45
Downside
114.21
Closing Value
122.81
Upside

Jabil Circuit Trading Date Momentum on June 4, 2024

On June 05 2024 Jabil Circuit was traded for  115.97  at the closing time. Highest Jabil Circuit's price during the trading hours was 116.03  and the lowest price during the day was  113.73 . The net volume was 939.2 K. The overall trading history on the 5th of June contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 1.54% . The trading delta at closing time to current price is 4.94% .

Jabil Circuit Fundamentals Correlations and Trends

By evaluating Jabil Circuit's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jabil Circuit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jabil financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Jabil Circuit Stock history

Jabil Circuit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jabil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jabil Circuit will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jabil Circuit stock prices may prove useful in developing a viable investing in Jabil Circuit
Last ReportedProjected for Next Year
Common Stock Shares Outstanding156.3 M191.8 M
Net Income Applicable To Common Shares940.7 M987.7 M

Jabil Circuit Stock Technical Analysis

Jabil Circuit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Jabil Circuit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jabil Circuit trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Jabil Circuit Period Price Range

Low
July 21, 2024
0.00  NaN%
High

 0.00 

     

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Jabil Circuit July 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Jabil Circuit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jabil Circuit shares will generate the highest return on investment. By undertsting and applying Jabil Circuit stock market strength indicators, traders can identify Jabil Circuit entry and exit signals to maximize returns

Jabil Circuit Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jabil Circuit's price direction in advance. Along with the technical and fundamental analysis of Jabil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jabil to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Information and Resources on Investing in Jabil Stock

When determining whether Jabil Circuit is a strong investment it is important to analyze Jabil Circuit's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jabil Circuit's future performance. For an informed investment choice regarding Jabil Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jabil Circuit. If investors know Jabil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jabil Circuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
0.32
Earnings Share
11.02
Revenue Per Share
240.182
Quarterly Revenue Growth
(0.20)
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.