The company initiated guidance for the third quarter of fiscal 2017. Oracle Corporation (NYSE:ORCL) shares edged up 0.61% to $43.05 on Wednesday.
Looking ahead, Jabil forecast Q3 EPS of $0.16 to $0.39, a very wide range that could badly miss analysts' $0.28 view.
Over the past five trading sessions shares of MeetMe, Inc. The company's 50-day moving average price is $25.32 and its 200 day moving average price is $22.87. The Stock now has the market capitalization of $4.9 Billion, P/E (price to earnings ttm) of 24.48 and Weekly volatility of 1.32% and monthly volatility of 1.57% respectively. Company shares have been seen trading 3.22% off of the 52 week high and 68.37% away from the 52 week low.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, February 13th.
Electronics manufacturing services revenues (representing 60% of revenues) came in at about $2.7 billion, up 1% year over year. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.00. The stock was sold at an average price of $26.50, for a total value of $265,000.00. The biggest holder now is Mr. Mark T. Mondello who owns 2,047,619 shares (1.12% of those outstanding), whilst William D. Morean holds 2,013,917 (1.11% of shares outstanding) and William E. Peters holds 753,422 (0.41% of shares outstanding). The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Following the transaction, the president now directly owns 743,422 shares in the company, valued at approximately $19,700,683. The disclosure for this sale can be found here. They now have a sector perform rating on the stock.
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MEN'S BASKETBALL: Notre Dame narrowly escapes Princeton's upset bid in first round
Notre Dame led 52-45 and was trying to reestablish control when Farrell threw a wild cross-court pass that sailed out of bounds. Senior guard Steve Vasturia has said, "We have a great opportunity ahead of us to make a deep run in this tournament".
09/22/2016 - Jabil Circuit, Inc. was downgraded to "hold" by analysts at Needham & Company.
Several brokerages have weighed in on JBL. For the past month, Jabil Circuit, Inc.'s stock has been 6.05%, 25.94% for the last quarter, 30.79% for the past six months and 27.97% for the past 52 weeks.
12/17/2015 - Jabil Circuit, Inc. had its " rating reiterated by analysts at Stifel Nicolaus. They noted that the move was a valuation call.
03/01/2017 - Jabil Circuit, Inc. was downgraded to " by analysts at Standpoint Research.
Jabil circuit, Inc provides electronic manufacturing services and solutions throughout the world. Finally, Deutsche Bank AG reaffirmed a "hold" rating and set a $22.00 price objective (up from $20.00) on shares of Jabil Circuit in a report on Monday, December 19th. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 0 Sell, 0 Hold and 0 Underweight. For the quarter ending Feb-17, 9 analysts have a mean sales target of 4,367.41 million whilst for the year ending Aug-17, 10 analysts have a mean target of 18,697.60 million. The Company's operating segments include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). Its DMS segment is focused on providing engineering solutions and a focus on material sciences and technologies.