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John Bean Technologies (JBT)
NYSE:JBT
John Bean Technologies (JBT) Stock Price & Analysis
204 Followers
JBT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.03 - $125.52
Previous Close$93
Volume220.00K
Average Volume (3M)228.59K
Market Cap
$2.96B
Enterprise Value$3.08B
Total Cash (Recent Filing)$526.70M
Total Debt (Recent Filing)$645.80M
Price to Earnings (P/E)4.9
Beta1.25
Next Earnings
Jul 24, 2024EPS Estimate
$1.23Last Dividend Ex-Date
Mar 08, 2024Dividend Yield0.43%
Share Statistics
EPS (TTM)18.71
Shares Outstanding31,831,350
10 Day Avg. Volume263,561
30 Day Avg. Volume228,587
Standard Deviation0.10
R-Squared0.48
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)9.15
Price to Sales (P/S)4.94
Price to Cash Flow (P/CF)-34.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.60
Enterprise Value/Gross Profit3.74
Enterprise Value/Ebitda12.19
Forecast
1Y Price Target
$123.00Price Target Upside34.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
John Bean Technologies News
PremiumCompany Announcements
John Bean Technologies Proposes Takeover of Marel
PremiumCompany Announcements
John Bean Technologies Board Member Resigns, Streamlines Board
PremiumCompany Announcements
Bad News for John Bean Tech Stock: This New Risk Has Been AddedBulls Say, Bears Say
Bulls Say
Financial GuidanceJohn Bean Technologies Corporation reiterates key financial guidance for 2024, signaling confidence in its financial projections and stability.
Market ExpansionJohn Bean Technologies Corporation's increased quoting activity in the North American poultry market is expected to convert into firm orders and subsequent shipments, signaling potential revenue growth.
Strategic AcquisitionThe progress of the Marel transaction suggests strategic growth opportunities and potential long-term benefits for John Bean Technologies Corporation.
Bears Say
Debt LevelsThe estimated pro forma net leverage of ~3.5x at year-end 2024 indicates a significant level of debt following the merger.
Financial PerformanceMarel reported revenues down 8% year over year, with orders below management’s expectations.
ProfitabilityMarel's EBIT margin declined to 7.9%, below the 8.4% consensus.
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Ownership Overview
5.52% Insiders
39.08% Mutual Funds
36.42% Other Institutional Investors
18.98% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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JBT FAQ
What was John Bean Technologies’s price range in the past 12 months?
John Bean Technologies lowest stock price was $88.03 and its highest was $125.52 in the past 12 months.
What is John Bean Technologies’s market cap?
Currently, no data Available
When is John Bean Technologies’s upcoming earnings report date?
John Bean Technologies’s upcoming earnings report date is Jul 24, 2024 which is in 76 days.
How were John Bean Technologies’s earnings last quarter?
John Bean Technologies released its earnings results on May 01, 2024. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.844 by $0.006.
Is John Bean Technologies overvalued?
According to Wall Street analysts John Bean Technologies’s price is currently Undervalued.
Does John Bean Technologies pay dividends?
John Bean Technologies pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 0.43%. See more information on John Bean Technologies dividends here
What is John Bean Technologies’s EPS estimate?
John Bean Technologies’s EPS estimate is $1.23.
How many shares outstanding does John Bean Technologies have?
John Bean Technologies has 31,831,350 shares outstanding.
What happened to John Bean Technologies’s price movement after its last earnings report?
John Bean Technologies reported an EPS of $0.85 in its last earnings report, beating expectations of $0.844. Following the earnings report the stock price went up 1.733%.
Which hedge fund is a major shareholder of John Bean Technologies?
Among the largest hedge funds holding John Bean Technologies’s share is Royce & Associates LLC. It holds John Bean Technologies’s shares valued at 73M.
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John Bean Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$123.00 (34.02% Upside)
$123.00 (34.02% Upside)
Blogger Sentiment
Bullish
JBT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 567.8K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.64%
12-Months-Change
Fundamentals
Return on Equity
11.22%
Trailing 12-Months
Asset Growth
4.31%
Trailing 12-Months
Company Description
John Bean Technologies
John Bean Technologies Corp. is a technology solutions provider, which engages in the food, beverage, and air transportation industries. It operates through the JBT FoodTech and JBT AeroTech business segments. The JBT FoodTech segment designs, manufactures, and services technologically food processing systems for the preparation of meat, seafood and poultry products, ready-to-eat meals, shelf stable packaged foods, bakery products, juice and dairy products, and fruit and vegetable products. The JBT AeroTech segment supplies customized solutions and services used for applications in the air transportation industry, including airport authorities, airlines, airfreight, ground handling companies, the military, and defense contractors. The company was founded on May 12, 1994 and is headquartered in Chicago, IL.
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JBT Company Deck
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JBT Earnings Call
Q1 2024
0:00 / 0:00
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JBT Stock 12 Month Forecast
Average Price Target
$123.00
▲(34.02% Upside)
Technical Analysis
Best Analysts Covering JBT
1 Year
1 Year Success Rate
6/24 ratings generated profit
1 Year Average Return
-8.67%
reiterated a buy rating 3 days ago
Copying Mircea Dobre's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -8.67% per trade.
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