William Blair Predicts JBT Marel FY2027 Earnings

Key Points

• William Blair analysts forecast JBT Marel's earnings per share (EPS) for FY2027 to be $9.00, compared to a current consensus estimate of $5.21 per share.
• JBT Marel reported strong quarterly earnings, achieving $1.49 EPS, surpassing estimates of $1.27, with revenues up 132.4% year-over-year.
• The company recently announced a quarterly dividend of $0.10 per share, with a scheduled payment date on September 2nd.

JBT Marel Corporation (NYSE:JBTM - Free Report) - Investment analysts at William Blair issued their FY2027 earnings per share (EPS) estimates for JBT Marel in a research report issued on Wednesday, August 6th. William Blair analyst R. Sparenblek anticipates that the company will post earnings per share of $9.00 for the year. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for JBT Marel's current full-year earnings is $5.21 per share.

JBT Marel Trading Up 0.6%

Shares of JBT Marel stock traded up $0.78 during trading hours on Friday, reaching $135.46. The stock had a trading volume of 42,922 shares, compared to its average volume of 559,495. The firm has a 50 day simple moving average of $126.62 and a two-hundred day simple moving average of $120.77. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of -59.15, a P/E/G ratio of 2.13 and a beta of 1.24. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 0.35. JBT Marel has a 1 year low of $82.64 and a 1 year high of $144.66.

JBT Marel (NYSE:JBTM - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.22. The firm had revenue of $934.80 million for 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 firm's revenue was up 132.4% on a year-over-year basis.

Institutional Investors Weigh In On JBT Marel

A number of hedge funds have recently bought and sold shares of JBTM. Police & Firemen s Retirement System of New Jersey acquired a new position in JBT Marel during the 2nd quarter valued at approximately $1,419,000. Bailard Inc. bought a new stake in shares of JBT Marel in the 2nd quarter worth $228,000. Geode Capital Management LLC bought a new stake in shares of JBT Marel in the 2nd quarter worth $141,026,000. PNC Financial Services Group Inc. bought a new stake in shares of JBT Marel in the 2nd quarter worth $348,000. Finally, Wealth Alliance LLC bought a new stake in shares of JBT Marel in the 2nd quarter worth $276,000. Institutional investors and hedge funds own 98.92% of the company's stock.

Insider Activity at JBT Marel

In related news, EVP Luiz Augusto Rizzolo sold 1,271 shares of the firm's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $118.55, for a total transaction of $150,677.05. Following the sale, the executive vice president directly owned 6,342 shares in the company, valued at approximately $751,844.10. This trade represents a 16.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.69% of the company's stock.

JBT Marel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel's payout ratio is currently -17.47%.

JBT Marel Company Profile

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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