The trailing 12-month price-to-earnings ratio is 17.8, the mean fiscal year estimated price-to-earnings ratio is 15.66, based on earnings of $1.99 per share this year.
For the same fiscal period year-over-year, revenue has improved to $3.80 billion in the last fiscal year compared to $2.95 billion in the previous year. The bottom line has rising earnings year-over-year of $774.68 million for the last fiscal year compared to $386.50 million in the previous year.
During the last month, the stock has fallen -3.41%. The shares are trading right in between the 200-day moving average providing support and the 90-day moving average presenting resistance. Short interest is small at just over 3%. The earnings multiple is a little rich compared to Microsoft (MSFT) and other tech companies, but so is the growth.
Industry and peer comparison:Jabil Circuit (JBL) The Company: JBL is a worldwide independent provider of electronic manufacturing services. JBL trades an average of 3.1 million shares per day with a market cap of $4 Billion. JBL is anticipated to report rising third-quarter earnings after the market closes on Tuesday. The consensus estimate is currently 56 cents a share, an improvement of 7 cents (12.5 percent) from 49 cents during the same period last year. The trailing 12-month price-to-earnings ratio is 9.3, the mean fiscal year estimate price-to-earnings ratio is 8.3, based on earnings of $2.25 a share this year. Investors are receiving 32 cents in dividends for a yield of 1.71 %. In the last month, JBL has dropped -3.21%, like most of the market. Overall I would rate the stock as oversold and due for a bounce. The short interest isn't elevated so don't expect a short squeeze; however, the stock is beat up enough to bounce on its own. JBL will have to put up the numbers on the board, but if they do, expect a nice move higher.
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