John Bean Technologies (JBT) Set to Announce Earnings on Tuesday

John Bean Technologies (NYSE:JBT - Get Free Report) is scheduled to be issuing its quarterly earnings data on Tuesday, April 23rd.

John Bean Technologies (NYSE:JBT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.36 by $0.04. John Bean Technologies had a net margin of 33.53% and a return on equity of 12.15%. The firm had revenue of $444.60 million for the quarter, compared to analysts' expectations of $445.81 million. During the same period in the previous year, the company posted $1.49 earnings per share. John Bean Technologies's revenue was up .8% compared to the same quarter last year. On average, analysts expect John Bean Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

John Bean Technologies Trading Down 1.5 %

Shares of JBT stock traded down $1.35 during mid-day trading on Monday, reaching $90.36. The company's stock had a trading volume of 428,234 shares, compared to its average volume of 215,938. The company's 50 day simple moving average is $99.52 and its 200-day simple moving average is $100.85. The company has a quick ratio of 1.78, a current ratio of 2.27 and a debt-to-equity ratio of 0.43. John Bean Technologies has a 12-month low of $88.97 and a 12-month high of $125.88. The firm has a market capitalization of $2.88 billion, a PE ratio of 4.80, a price-to-earnings-growth ratio of 1.45 and a beta of 1.29.

John Bean Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Monday, March 11th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.44%. John Bean Technologies's dividend payout ratio (DPR) is currently 2.12%.

Analyst Ratings Changes

Separately, Robert W. Baird reaffirmed an "outperform" rating and issued a $121.00 price objective on shares of John Bean Technologies in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $121.00.

About John Bean Technologies

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.