JBT Marel (NYSE:JBTM) Reaches New 12-Month Low - What's Next?

Key Points

• JBT Marel shares hit a new 52-week low, falling to $110.15 during Thursday’s trading session. The stock remains below its 50-day and 200-day moving averages of $124.90 and $129.99, respectively.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $164.80. Recent targets include $150 from KeyCorp and Barclays and $175 from Oppenheimer.
• The company reported quarterly EPS of $1.95, below the $2.02 consensus estimate, while generating $981 million in revenue. JBT Marel also pays a quarterly dividend of $0.10 per share, for a 0.4% annualized yield.

JBT Marel Corporation (NYSE:JBTM - Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $110.15 and last traded at $110.5450, with a volume of 46237 shares. The stock had previously closed at $111.41.

Wall Street Analyst Weigh In

JBTM has been the topic of several analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of JBT Marel in a research note on Wednesday, September 2nd. KeyCorp initiated coverage on JBT Marel in a research note on Tuesday, August 25th. They issued an "overweight" rating and a $150.00 price target on the stock. Oppenheimer began coverage on JBT Marel in a research report on Thursday, May 21st. They issued an "outperform" rating and a $175.00 price target on the stock. Wall Street Zen lowered JBT Marel from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Finally, Barclays assumed coverage on JBT Marel in a report on Tuesday, September 8th. They set an "overweight" rating and a $150.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, JBT Marel presently has a consensus rating of "Moderate Buy" and an average target price of $164.80.

JBT Marel Price Performance

The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $5.78 billion, a P/E ratio of 30.41, a PEG ratio of 1.23 and a beta of 0.92. The company has a fifty day simple moving average of $124.90 and a two-hundred day simple moving average of $129.99.

JBT Marel (NYSE:JBTM - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.07). JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. The business had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. Sell-side analysts expect that JBT Marel Corporation will post 8.04 EPS for the current fiscal year.

JBT Marel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a yield of 0.4%. JBT Marel's dividend payout ratio (DPR) is presently 10.90%.

Hedge Funds Weigh In On JBT Marel

Hedge funds and other institutional investors have recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel during the 4th quarter worth $25,000. Parallel Advisors LLC lifted its holdings in shares of JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company's stock valued at $29,000 after purchasing an additional 206 shares in the last quarter. Transamerica Financial Advisors LLC acquired a new position in shares of JBT Marel in the 2nd quarter valued at approximately $41,000. Public Employees Retirement System of Ohio bought a new stake in JBT Marel during the 2nd quarter worth approximately $50,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in JBT Marel during the 2nd quarter worth approximately $51,000. 98.92% of the stock is owned by institutional investors.

JBT Marel Company Profile

JBT Marel Corporation is a global food technology company that develops equipment, systems and services for the processing, preparation, packaging and handling of food and beverages. Its solutions are used by food producers, processors and manufacturers across the poultry, meat, seafood, prepared foods, fruit and vegetables, pet food, dairy and beverage industries.

The company's portfolio includes systems for portioning, weighing, sorting, grading, marinating, cooking, freezing, filling, packaging and automated material handling.

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