The provider of worldwide electronic manufacturing services and solutions could present risks regarding customer concentration and valuation, analysts said.
"We continue to see upside to analysts' EPS, but this is offset by customer concentration and valuation," analysts said, adding, "To the extent that additional EPS upside is driven by Apple (AAPL) , we believe that the increasing exposure to this large customer could weigh on the multiple and partly offset upward revisions."
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Shares of Jabil closed up 1.18% at $21.35 yesterday.
Separately, TheStreet Ratings team rates JABIL CIRCUIT INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate JABIL CIRCUIT INC (JBL) a HOLD. The primary factors that have impacted our rating are mixed --some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins."