Weiss Ratings Reiterates Hold (C-) Rating for JBT Marel (NYSE:JBTM)

JBT Marel (NYSE:JBTM - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Other equities analysts have also recently issued research reports about the company. Robert W. Baird set a $169.00 target price on JBT Marel in a report on Friday, October 3rd. William Blair raised shares of JBT Marel from a "market perform" rating to an "outperform" rating in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $156.00.

JBT Marel Stock Performance

JBT Marel stock opened at $145.05 on Wednesday. The company's 50-day moving average price is $139.87 and its 200-day moving average price is $124.73. JBT Marel has a twelve month low of $90.08 and a twelve month high of $148.76. The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The company has a market cap of $7.54 billion, a PE ratio of -63.34, a price-to-earnings-growth ratio of 2.00 and a beta of 1.21.

JBT Marel (NYSE:JBTM - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.27 by $0.22. The company had revenue of $934.80 million during the quarter, compared to analyst estimates of $898.77 million. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.The company's quarterly revenue was up 132.4% on a year-over-year basis. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. On average, equities research analysts forecast that JBT Marel will post 5.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its position in JBT Marel by 29.6% in the 3rd quarter. GAMMA Investing LLC now owns 963 shares of the company's stock valued at $135,000 after buying an additional 220 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in shares of JBT Marel during the second quarter valued at approximately $28,000. EverSource Wealth Advisors LLC bought a new stake in shares of JBT Marel during the second quarter valued at approximately $28,000. JTC Employer Solutions Trustee Ltd bought a new stake in shares of JBT Marel during the second quarter valued at approximately $29,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of JBT Marel during the second quarter valued at approximately $29,000. 98.92% of the stock is currently owned by institutional investors.

About JBT Marel

JBT Marel 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.

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