John Bean Technologies (JBT) to Release Quarterly Earnings on Wednesday

John Bean Technologies (NYSE:JBT - Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect John Bean Technologies to post earnings of $0.82 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

John Bean Technologies (NYSE:JBT - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The industrial products company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.04. The firm had revenue of $444.60 million for the quarter, compared to the consensus estimate of $445.81 million. John Bean Technologies had a net margin of 33.53% and a return on equity of 12.15%. John Bean Technologies's quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the firm posted $1.49 EPS. 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 Stock Performance

NYSE:JBT traded up $2.19 during mid-day trading on Friday, hitting $90.80. The stock had a trading volume of 294,221 shares, compared to its average volume of 217,741. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 4.82, a P/E/G ratio of 1.44 and a beta of 1.29. The company has a 50 day simple moving average of $98.78 and a 200-day simple moving average of $100.61. John Bean Technologies has a 52 week low of $88.03 and a 52 week high of $125.88. The company has a current ratio of 2.27, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43.

John Bean Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Monday, March 11th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.40 annualized dividend and a yield of 0.44%. John Bean Technologies's dividend payout ratio is presently 2.12%.

Analysts Set New Price Targets

Separately, Robert W. Baird reiterated 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 analyst has rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, John Bean Technologies presently has a consensus rating of "Moderate Buy" and an average price target 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.