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NYSE:JBT

John Bean Technologies (JBT) Stock Price, News & Analysis

John Bean Technologies logo
$124.78 +1.18 (+0.95%)
(As of 12/20/2024 05:40 PM ET)

About John Bean Technologies Stock (NYSE:JBT)

Key Stats

Today's Range
$122.11
$126.38
50-Day Range
$95.14
$127.12
52-Week Range
$82.64
$128.23
Volume
994,971 shs
Average Volume
294,284 shs
Market Capitalization
$3.97 billion
P/E Ratio
23.15
Dividend Yield
0.32%
Price Target
$133.67
Consensus Rating
Moderate Buy

Company Overview

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. It serves baby food, bakery and confectionery, citrus processing, fruits and nuts, juices, non-food, pet food, pharmaceutical, plant- based beverages and protein, poultry, meat, and seafood, ready meals, oils, soups, sauces, seasoning and dressings, automotive, building material, tissue, paper, and packaging, hospitals, pharma and life sciences, fast moving consumer goods, manufacturing, warehousing, and other industries. The company markets and sells its products and solutions through direct sales force, independent distributors, sales representatives, and technical service teams. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

John Bean Technologies Stock Analysis - MarketRank™

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25th Percentile Overall Score

JBT MarketRank™: 

John Bean Technologies scored higher than 25% of companies evaluated by MarketBeat, and ranked 148th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    John Bean Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    John Bean Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about John Bean Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for John Bean Technologies are expected to grow by 8.03% in the coming year, from $5.23 to $5.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of John Bean Technologies is 23.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of John Bean Technologies is 23.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Earnings Growth Ratio

    John Bean Technologies has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    John Bean Technologies has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    10.24% of the float of John Bean Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    John Bean Technologies has a short interest ratio ("days to cover") of 8.8.
  • Change versus previous month

    Short interest in John Bean Technologies has recently increased by 17.09%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    John Bean Technologies has a dividend yield of 0.33%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    John Bean Technologies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of John Bean Technologies is 7.42%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, John Bean Technologies will have a dividend payout ratio of 7.08% next year. This indicates that John Bean Technologies will be able to sustain or increase its dividend.

  • Read more about John Bean Technologies' dividend.
  • Percentage of Shares Shorted

    10.24% of the float of John Bean Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    John Bean Technologies has a short interest ratio ("days to cover") of 8.8.
  • Change versus previous month

    Short interest in John Bean Technologies has recently increased by 17.09%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    John Bean Technologies has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for John Bean Technologies this week, compared to 5 articles on an average week.
  • Search Interest

    3 people have searched for JBT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, John Bean Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.96% of the stock of John Bean Technologies is held by insiders.

  • Percentage Held by Institutions

    98.92% of the stock of John Bean Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about John Bean Technologies' insider trading history.
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JBT Stock News Headlines

John Bean Technologies to Acquire Marel and Rebrand
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Seaport Res Ptn Issues Negative Outlook for JBT Earnings
Seaport Res Ptn Analysts Reduce Earnings Estimates for JBT
See More Headlines

JBT Stock Analysis - Frequently Asked Questions

John Bean Technologies' stock was trading at $99.45 at the beginning of 2024. Since then, JBT shares have increased by 25.5% and is now trading at $124.78.
View the best growth stocks for 2024 here
.

John Bean Technologies Co. (NYSE:JBT) announced its earnings results on Tuesday, October, 22nd. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.09. The firm's quarterly revenue was up 12.4% compared to the same quarter last year.

John Bean Technologies subsidiaries include Prevenio, AutoCoding Systems Ltd, Prime Equipment Group LLC, Proseal UK Limited, LEKTRO Inc, FTNON, Schröder, and others.

John Bean Technologies' top institutional shareholders include Champlain Investment Partners LLC (4.26%), Victory Capital Management Inc. (3.57%), Royce & Associates LP (2.70%) and Conestoga Capital Advisors LLC (2.69%). Insiders that own company stock include Brian A Deck, Caroline Maury Devine and Carlos Fernandez.
View institutional ownership trends
.

Shares of JBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that John Bean Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

Last Earnings
10/22/2024
Ex-Dividend for 12/27 Dividend
12/13/2024
Today
12/21/2024
Dividend Payable
12/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
Industrial Machinery
CUSIP
47783910
Employees
5,100
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$133.67
High Stock Price Target
$150.00
Low Stock Price Target
$121.00
Potential Upside/Downside
+7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$582.60 million
Pretax Margin
9.72%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$6.99 per share
Book Value
$46.76 per share

Miscellaneous

Free Float
31,537,000
Market Cap
$3.97 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:JBT) was last updated on 12/21/2024 by MarketBeat.com Staff
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