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John Bean Technologies (JBT)
NYSE:JBT
John Bean Technologies (JBT) Stock Price & Analysis
205 Followers
JBT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.03 - $125.52
Previous Close$93.55
Volume202.52K
Average Volume (3M)235.27K
Market Cap
$2.98B
Enterprise Value$3.10B
Total Cash (Recent Filing)$526.70M
Total Debt (Recent Filing)$645.80M
Price to Earnings (P/E)5.0
Beta1.25
Next Earnings
Jul 24, 2024EPS Estimate
$1.23Next Dividend Ex-Date
May 22, 2024Dividend Yield0.43%
Share Statistics
EPS (TTM)18.71
Shares Outstanding31,831,350
10 Day Avg. Volume237,246
30 Day Avg. Volume235,272
Standard Deviation0.10
R-Squared0.48
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)9.29
Price to Sales (P/S)4.97
Price to Cash Flow (P/CF)-34.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.61
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda12.26
Forecast
1Y Price Target
$123.00Price Target Upside31.48% 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 BoardBulls Say, Bears Say
Bulls Say
Financial GuidanceJohn Bean Technologies Corporation reiterates key financial guidance for 2024, signaling confidence in its financial projections and stability.
Operational EfficiencyEBITDA margin is expected to expand, indicating the company's operational efficiency and cost-saving measures are yielding positive effects.
Strategic AcquisitionJBT announces execution of a definitive transaction agreement with Marel, indicating progress towards the expansion of the company.
Bears Say
Financial PerformanceMarel's revenues are down, orders are below management expectations, and margins are below what was anticipated.
High Leverage ConcernThe estimated pro forma net leverage of ~3.5x at year-end 2024 indicates a significant level of debt following the merger.
Segment WeaknessMarel is experiencing softness in key segments with notable margin declines in Meat and Fish categories.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 66 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 77M.
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John Bean Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$123.00 (31.48% Upside)
$123.00 (31.48% Upside)
Blogger Sentiment
Bullish
JBT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 114.5K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.78%
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
▲(31.48% Upside)
Technical Analysis
Best Analysts Covering JBT
1 Year
1 Year Success Rate
6/24 ratings generated profit
1 Year Average Return
-8.49%
assigned a buy rating 13 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 -8.49% per trade.
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