NYSE:JBT

John Bean Technologies (JBT) Stock Price, News & Analysis

$93.55
+0.06 (+0.06%)
(As of 05/17/2024 ET)
Today's Range
$93.00
$94.26
50-Day Range
$88.61
$105.00
52-Week Range
$88.03
$125.88
Volume
202,523 shs
Average Volume
267,012 shs
Market Capitalization
$2.98 billion
P/E Ratio
4.99
Dividend Yield
0.43%
Price Target
$121.00

John Bean Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.3% Upside
$121.00 Price Target
Short Interest
Bearish
4.14% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of John Bean Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.37%
From $5.14 to $5.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Industrial Products Sector

84th out of 166 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

4th out of 4 stocks

JBT stock logo

About John Bean Technologies Stock (NYSE:JBT)

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. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. It serves baby food, bakery and confectionery, citrus processing, fruits and nuts, juices, non-food, pet food, pharmaceutical, plant- based beverages and protein, poultry, meat, and seafood, ready meals, oils, soups, sauces, seasoning and dressings, automotive, building material, tissue, paper, and packaging, hospitals, pharma and life sciences, fast moving consumer goods, manufacturing, warehousing, and other industries. The company markets and sells its products and solutions through direct sales force, independent distributors, sales representatives, and technical service teams. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

JBT Stock Price History

JBT Stock News Headlines

JBT Corporation Declares Quarterly Dividend
Q1 2024 John Bean Technologies Corp Earnings Call
John Bean Technologies Corporation (JBT)
JBT: Raising target price to $94.00
John Bean Technologies Corp.
JBT Corporation Declares Quarterly Dividend
JBT Corporation Declares Quarterly Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 3/25 Dividend
3/08/2024
Dividend Payable
3/25/2024
Last Earnings
5/01/2024
Today
5/19/2024
Ex-Dividend for 6/6 Dividend
5/22/2024
Dividend Payable
6/06/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
Industrial Machinery
CUSIP
47783910
Employees
5,100
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$121.00
High Stock Price Target
$121.00
Low Stock Price Target
$121.00
Potential Upside/Downside
+29.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$582.60 million
Pretax Margin
9.73%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$7.00 per share
Book Value
$46.84 per share

Miscellaneous

Free Float
31,525,000
Market Cap
$2.98 billion
Optionable
Optionable
Beta
1.29

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Key Executives


JBT Stock Analysis - Frequently Asked Questions

Should I buy or sell John Bean Technologies stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for John Bean Technologies in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" JBT shares.
View JBT analyst ratings
or view top-rated stocks.

What is John Bean Technologies' stock price target for 2024?

2 analysts have issued 1 year target prices for John Bean Technologies' stock. Their JBT share price targets range from $121.00 to $121.00. On average, they anticipate the company's stock price to reach $121.00 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for JBT
or view top-rated stocks among Wall Street analysts.

How have JBT shares performed in 2024?

John Bean Technologies' stock was trading at $99.45 at the start of the year. Since then, JBT shares have decreased by 5.9% and is now trading at $93.55.
View the best growth stocks for 2024 here
.

Are investors shorting John Bean Technologies?

John Bean Technologies saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,300,000 shares, an increase of 13.0% from the April 15th total of 1,150,000 shares. Based on an average daily volume of 223,900 shares, the short-interest ratio is currently 5.8 days. Approximately 4.1% of the company's stock are sold short.
View John Bean Technologies' Short Interest
.

When is John Bean Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our JBT earnings forecast
.

How were John Bean Technologies' earnings last quarter?

John Bean Technologies Co. (NYSE:JBT) announced its quarterly earnings results on Wednesday, May, 1st. The industrial products company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.03. The industrial products company earned $392.30 million during the quarter, compared to the consensus estimate of $396.55 million. John Bean Technologies had a net margin of 36.12% and a trailing twelve-month return on equity of 10.56%. The business's revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share.

How often does John Bean Technologies pay dividends? What is the dividend yield for John Bean Technologies?

John Bean Technologies announced a quarterly dividend on Friday, May 10th. Investors of record on Thursday, May 23rd will be given a dividend of $0.10 per share on Thursday, June 6th. This represents a $0.40 annualized dividend and a yield of 0.43%. The ex-dividend date is Wednesday, May 22nd.
Read our dividend analysis for JBT
.

Is John Bean Technologies a good dividend stock?

John Bean Technologies (NYSE:JBT) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.43%. The dividend payout ratio is 2.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBT will have a dividend payout ratio of 7.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JBT.

What guidance has John Bean Technologies issued on next quarter's earnings?

John Bean Technologies issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 5.050-5.450 for the period, compared to the consensus EPS estimate of 5.160. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion.

What is Brian Deck's approval rating as John Bean Technologies' CEO?

3 employees have rated John Bean Technologies Chief Executive Officer Brian Deck on Glassdoor.com. Brian Deck has an approval rating of 70% among the company's employees.

What other stocks do shareholders of John Bean Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other John Bean Technologies investors own include AbbVie (ABBV), Walt Disney (DIS), Enterprise Products Partners (EPD), International Business Machines (IBM), Johnson & Johnson (JNJ), NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), Alibaba Group (BABA) and Five Below (FIVE).

Who are John Bean Technologies' major shareholders?

John Bean Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.07%), Champlain Investment Partners LLC (4.85%), Conestoga Capital Advisors LLC (2.91%), Bamco Inc. NY (2.04%), Mirae Asset Global Investments Co. Ltd. (0.97%) and Price T Rowe Associates Inc. MD (0.63%). Insiders that own company stock include Brian A Deck, Carlos Fernandez, Caroline Maury Devine, James L Marvin and James M Ringler.
View institutional ownership trends
.

How do I buy shares of John Bean Technologies?

Shares of JBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does John Bean Technologies have any subsidiaries?
The following companies are subsidiares of John Bean Technologies: A & B Process Systems Corp., A&B Process Systems, A&B Renewable Gas Systems LLC, Aircraft Maintenance Support Services Ltd., AutoCoding Systems Limited, AutoCoding Systems Ltd, AutoCoding Systems Pty Limited, Avure Technologies Inc., Avure Technologies Incorporated, Avure U.S. Inc., Barber Holdings Limited, Barber Trading Limited, CMS Technology Inc, Cooling Applied Technologies Inc., E.M.D. S.A. de C.V., FTNON, Innovative Food Technologies LLC, International Packaging Solutions Limited, JBT AeroTech (Proprietary) Ltd., JBT AeroTech Corporation, JBT AeroTech Jamaica Ltd., JBT AeroTech Singapore Pte Ltd., JBT AeroTech UK Limited, JBT Airport Services Corporation, JBT Contract Services LLC, JBT Equipment Finance LLC, JBT FTNON B.V., JBT Food and Dairy Systems B.V., JBT Food and Dairy Systems Mexico S.A. de C.V., JBT Food and Dairy Systems SARL, JBT Holdings B.V., JBT Holdings LLC, JBT International (Thailand) Ltd., JBT Kunshan Holdings Ltd., JBT Lektro Inc., JBT Malaysia Sdn. Bhd., JBT Ningbo Holdings Ltd., JBT Shanghai Holdings Ltd., JBT Shenzhen Holdings Ltd., Jetway Systems Asia Inc., John Bean Technologies (Kunshan) Company Ltd., John Bean Technologies (Ningbo) Company Ltd., John Bean Technologies (Proprietary) Ltd., John Bean Technologies (Shanghai) Company Ltd., John Bean Technologies (Thailand) Ltd., John Bean Technologies AB, John Bean Technologies Argentina S.R.L., John Bean Technologies Australia Ltd., John Bean Technologies B.V., John Bean Technologies Canada Limited, John Bean Technologies Chile Limitada, John Bean Technologies Corporation, John Bean Technologies Europe B.V., John Bean Technologies Foodtech Spain S.L., John Bean Technologies GmbH, John Bean Technologies Hong Kong Ltd., John Bean Technologies India Pvt. Ltd., John Bean Technologies K.K., John Bean Technologies LLC, John Bean Technologies Ltd., John Bean Technologies Middle East FZE, John Bean Technologies Máquinas e Equipamentos Industriais Ltda., John Bean Technologies N.V., John Bean Technologies NZ Limited, John Bean Technologies OOO, John Bean Technologies Philippines Corp., John Bean Technologies S.A., John Bean Technologies S.P.A., John Bean Technologies S.R.O., John Bean Technologies S.p. Z.o.o., John Bean Technologies Singapore Holdings Pte. Ltd., John Bean Technologies Singapore Pte. Ltd., John Bean Technologies South Africa Holding B.V., John Bean Technologies Spain Holding B.V., John Bean Technologies Spain S.L.U., John Bean Technologies Switzerland GmbH, John Bean Technologies de Mexico S. de R.L. de C.V., LEKTRO Inc, Newco 1001 Limited, Novus X-Ray LLC, PLF International Limited, PLF International Ltd., PT John Bean Technologies Indonesia, Precise Cutting & Conveying Systems LLC, Prevenio, Prime Equipment Group LLC, Proseal America Holdings LLC, Proseal America Inc., Proseal Australia PTY Ltd, Proseal Holdings Limited, Proseal UK Limited, Schröder, Schröder Maschinenbau GmbH & Co. KG, Schröder Maschinenbau Verwaltungs GmbH, The Mozza-Lessa Sales Company LLC, Tipper Tie Alpina GmbH, Tipper Tie Inc., Tipper Tie Technopack GmbH, and Urtasun Tecnología Alimentaria S.L..
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This page (NYSE:JBT) was last updated on 5/19/2024 by MarketBeat.com Staff

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