Jabil Circuit Inc. (JBL): Today's Featured Electronics Loser

Jabil Circuit (JBL) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 0.1%. By the end of trading, Jabil Circuit fell 58 cents (-2.7%) to $21.08 on average volume. Throughout the day, 4.1 million shares of Jabil Circuit exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $21.06-$21.64 after having opened the day at $21.51 as compared to the previous trading day's close of $21.66. Other company's within the Electronics industry that declined today were: Enova Systems (ENA), down 14.4%, Memsic (MEMS), down 12.9%, Winland Electronics (WEX), down 10.5%, and Daystar Technologies (DSTI), down 7.2%.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. Jabil Circuit has a market cap of $4.72 billion and is part of the technology sector. The company has a P/E ratio of 11.5, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Jabil Circuit a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Jabil Circuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Jabil Circuit Ratings Report.

On the positive front, ClearSign Combustion (CLIR), up 26.2%, Giga-tronics (GIGA), up 9.5%, Sigmatron International (SGMA), up 7.5%, and Hoku (HOKU), up 6.6%, were all gainers within the electronics industry with ASML Holding NV ADR (ASML) being today's featured electronics industry winner.

• Use our electronics section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor (SSG).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Jabil Circuit Inc. click any of the following:

• Jabil Circuit Inc. Stock Price

• Jabil Circuit Inc. Analyst Ratings

• Jabil Circuit Inc. Key Stats & Profile

• Jabil Circuit Inc. Earnings

• Jabil Circuit Inc. Ratio Comparison

• Jabil Circuit Inc. Growth Rates

• Jabil Circuit Inc. Balance Sheet

• Jabil Circuit Inc. Cash Flow

• Jabil Circuit Inc. Income Statement