Jabil Story

<div class='circular--portrait' style='background:#006400;color: #FFE4E1;font-size:3em;'>JBL</div>
JBL -- USA Stock  

USD 34.32  1.42  3.97%

With so much uncertainty about the technology space, it is fair to summarize Jabil Inc against current market trends. As expected, Jabil is starting to reaffirm its true potential as stakeholders are becoming more and more confident in the future outlook. The returns on the market and returns on Jabil appear more or less related for the last few months. Sluggish essential indicators of the company may also denote signs of medium-term losses for Jabil stakeholders. Jabil Inc is scheduled to announce its earnings today. The next earnings report is expected on the 15th of December 2020. The stock continues to experience an active upward rally.
Published over a month ago
View all stories for Jabil | View All Stories
Is Jabil (NYSE:JBL) outlook positive for October?
The company's average rating is Buy from 6 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Jabil market sentiment investors' perception of the future value of Jabil. Let us look at a few aspects of Jabil technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Jabil Inc. In general, we focus on analyzing Jabil stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jabil's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Jabil's intrinsic value. In addition to deriving basic predictive indicators for Jabil, we also check how macroeconomic factors affect Jabil price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Jabil Stands against Peers?

Analyzing Jabil competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Jabil across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Jabil Competition Details

How Jabil utilizes its cash?

To perform a cash flow analysis of Jabil, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Jabil is receiving and how much cash it distributes out in a given period. The Jabil cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Jabil Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 1.16 Billion

Closer look at Jabil Mean Deviation

Jabil Inc has current Mean Deviation of 1.69. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
1.69
SUM = Summation notation
RET DEV = Sum of return deviations of Jabil
N = Number of calculation points for selected time horizon
Let's now compare Jabil Mean Deviation to its closest peers:
JBL
FN
MU
DSWL
ELTK
JBL1.6900553691460052
FN1.77
MU1.82
DSWL1.43
ELTK3.06

Our take on today Jabil hike

New downside deviation is at 2.85. Jabil Inc currently demonstrates below-verage downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.02. However, we do advice investors to further question Jabil Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on Jabil

While some firms under the electronic components industry are still a bit expensive, Jabil may offer a potential longer-term growth to stakeholders. The inconsistency in the assessment between current Jabil valuation and our trade advice on Jabil is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Jabil.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Jabil Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com