Note stock forecast valuation models peg forward P/E at 15

Note stock forecast valuation models peg forward P/E at 15.2, beneath industry average, implying considerable upside if earnings surprises materialize this quarter. However, on closer scrutiny, the post-earnings drop in Jabil stock looks like a buying opportunity. Let's look at the reasons why. Meanwhile, 1.945 million continuing claims were filed. This marked a slight move down from 1.951 million the week prior, which had been the highest level since November 2021. Economists see an increase in continuing claims as a sign that those out of work are taking longer to find new jobs. The latest note stock forecast suggests short-term resistance at $45.20 with a breakout likely if Q2 earnings surpass consensus estimates by more than 5%. Technical RSI points to a healthy momentum above