About John Bean Technologies (NYSE:JBT)
John Bean Technologies Corporation (JBT) is a technology solutions provider to the segments of the food and beverage industry with focus on proteins, liquid foods and automated system solutions. It operates through two segments: JBT FoodTech and JBT AeroTech. The JBT FoodTech segment designs, manufactures and services technologically food processing systems used for fruit juice production, frozen food production, in-container food production, automated systems and convenience food preparation by the food industry. The product offerings of its FoodTech businesses include Protein, Liquid Foods and Automated Systems. The JBT AeroTech segment designs, manufactures and services technologically airport ground support and gate equipment and provides services for airport authorities; airlines, airfreight, and ground handling companies; the defense contractors, and other industries. The product offerings of its AeroTech businesses include Mobile Equipment, Fixed Equipment and Airport Services.
Industry, Sector and Symbol:
- Industry: Industrial Machinery
- Sub-Industry: Industrial Machinery
- Sector: Industrials
- Symbol: NYSE:JBT
- CUSIP: 47783910
- Web: www.jbtcorporation.com
- Debt-to-Equity Ratio: 0.91%
- Current Ratio: 1.28%
- Quick Ratio: 0.82%
Sales & Book Value:
- Trailing P/E Ratio: 38.63
- Forward P/E Ratio: 36.57
- P/E Growth: 2.2
- Annual Sales: $1.3505 billion
- Price / Sales: 2.62
- Cash Flow: $4.02 per share
- Price / Cash: 27.84
- Book Value: $13.63 per share
- Price / Book: 8.21
- Annual Dividend: $0.40
- Dividend Yield: 0.4%
- Trailing EPS: $2.70
- Net Income: $67.6 million
- Net Margins: 6.27%
- Return on Equity: 25.42%
- Return on Assets: 7.72%
- Employees: 5,000
- Outstanding Shares: 31,570,000
Frequently Asked Questions for John Bean Technologies (NYSE:JBT)
What is John Bean Technologies' stock symbol?
John Bean Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "JBT."
How often does John Bean Technologies pay dividends? What is the dividend yield for John Bean Technologies?
John Bean Technologies declared a quarterly dividend on Friday, August 11th. Investors of record on Monday, August 21st will be given a dividend of $0.10 per share on Tuesday, September 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date is Thursday, August 17th. This is a positive change from John Bean Technologies's previous quarterly dividend of $0.09. View John Bean Technologies' Dividend History.
How were John Bean Technologies' earnings last quarter?
John Bean Technologies Co. (NYSE:JBT) announced its quarterly earnings data on Monday, October, 23rd. The industrial products company reported $0.82 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.04. The industrial products company earned $420.80 million during the quarter, compared to the consensus estimate of $414.17 million. John Bean Technologies had a return on equity of 25.42% and a net margin of 6.27%. The firm's revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 earnings per share. View John Bean Technologies' Earnings History.
When will John Bean Technologies make its next earnings announcement?
What guidance has John Bean Technologies issued on next quarter's earnings?
John Bean Technologies issued an update on its FY17 earnings guidance on Monday, October, 23rd. The company provided earnings per share guidance of $3.00-3.10 for the period, compared to the Thomson Reuters consensus estimate of $3.03.
Where is John Bean Technologies' stock going? Where will John Bean Technologies' stock price be in 2017?
7 brokers have issued 1-year price objectives for John Bean Technologies' shares. Their predictions range from $88.00 to $115.00. On average, they anticipate John Bean Technologies' share price to reach $101.67 in the next year. View Analyst Ratings for John Bean Technologies.
Who are some of John Bean Technologies' key competitors?
Some companies that are related to John Bean Technologies include MSC Industrial Direct Company (MSM), Albany International Corporation (AIN), EnPro Industries (NPO), Altra Industrial Motion Corp. (AIMC), Standex International Corporation (SXI), Tennant Company (TNC), Kadant (KAI), Lydall (LDL), Energy Recovery (ERII), Flow International Corp (FLOW), Amtech Systems (ASYS), Intevac (IVAC), Manitex International (MNTX) and Key Technology (KTEC).
Who are John Bean Technologies' key executives?
John Bean Technologies' management team includes the folowing people:
- Thomas W. Giacomini, Chairman of the Board, President, Chief Executive Officer
- Brian A. Deck, Chief Financial Officer, Executive Vice President
- James L. Marvin, Executive Vice President, General Counsel, Secretary
- Jason T. Clayton, Executive Vice President - Human Resources
- David C. Burdakin, Executive Vice President and Division President- JBT AeroTech
- Carlos Fernandez, Executive Vice President, President - Liquid Foods
- , Bio & Compensation -
- Debarshi Sengupta, Executive Vice President, Corporate Development
- Steven R. Smith, Executive Vice President, President - Protein
- Megan J. Rattigan, Vice President, Controller
- James E. Goodwin, Presiding Lead Independent Director
Who owns John Bean Technologies stock?
John Bean Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (5.40%), JPMorgan Chase & Co. (3.31%), Eagle Asset Management Inc. (2.70%), Bamco Inc. NY (2.45%), Artisan Partners Limited Partnership (2.33%) and Dimensional Fund Advisors LP (2.23%). Company insiders that own John Bean Technologies stock include Caroline Maury Devine, Mark K Montague, Megan J Rattigan and Steven R Smith. View Institutional Ownership Trends for John Bean Technologies.
Who sold John Bean Technologies stock? Who is selling John Bean Technologies stock?
John Bean Technologies' stock was sold by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, Allianz Asset Management GmbH, Russell Investments Group Ltd., Braun Stacey Associates Inc., Westfield Capital Management Co. LP, Artisan Partners Limited Partnership, Nationwide Fund Advisors and EAM Investors LLC. Company insiders that have sold John Bean Technologies company stock in the last year include Caroline Maury Devine, Megan J Rattigan and Steven R Smith. View Insider Buying and Selling for John Bean Technologies.
Who bought John Bean Technologies stock? Who is buying John Bean Technologies stock?
John Bean Technologies' stock was bought by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Eagle Asset Management Inc., Global X MANAGEMENT CO LLC, American Century Companies Inc., Vident Investment Advisory LLC, Wells Fargo & Company MN, RK Capital Management LLC and Channing Capital Management LLC. View Insider Buying and Selling for John Bean Technologies.
How do I buy John Bean Technologies stock?
Shares of John Bean Technologies can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is John Bean Technologies' stock price today?
One share of John Bean Technologies stock can currently be purchased for approximately $111.90.
How big of a company is John Bean Technologies?
John Bean Technologies has a market capitalization of $3.46298 billion and generates $1.3505 billion in revenue each year. The industrial products company earns $67.6 million in net income (profit) each year or $2.70 on an earnings per share basis. John Bean Technologies employs 5,000 workers across the globe.
How can I contact John Bean Technologies?
MarketBeat Community Rating for John Bean Technologies (NYSE JBT)MarketBeat's community ratings are surveys of what our community members think about John Bean Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
John Bean Technologies' mailing address is 70 W MADISON SUITE 4400, CHICAGO IL, 60602. The industrial products company can be reached via phone at 312-861-5900 or via email at [email protected]
Analysts' Consensus Ratings for John Bean Technologies (NYSE:JBT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||$101.67 (9.15% downside)|Consensus Price Target History for John Bean Technologies (NYSE:JBT)
Analysts' Ratings History for John Bean Technologies (NYSE:JBT)
(Data available from 11/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/25/2017||Robert W. Baird||Boost Price Target||Outperform||$107.00 -> $115.00||N/A|
|6/2/2017||J P Morgan Chase & Co||Initiated Coverage||Neutral -> Neutral||$88.00||Low|
|5/18/2017||Bank of America Corporation||Initiated Coverage||Neutral -> Neutral||$89.00||Medium|
|4/12/2017||CL King||Upgrade||Neutral -> Buy||$103.00||Low|
|4/10/2017||BMO Capital Markets||Reiterated Rating||Outperform||$105.00||Medium|
|3/13/2017||Wells Fargo & Company||Initiated Coverage||Outperform -> Outperform||Low|
|2/28/2017||Sidoti||Upgrade||Neutral -> Buy||$110.00||N/A|
|6/17/2016||BB&T Corporation||Initiated Coverage||Buy||$75.00||N/A|
|4/19/2016||William Blair||Initiated Coverage||Outperform||$70.00||N/A|
Earnings History for John Bean Technologies (NYSE:JBT)Earnings History by Quarter for John Bean Technologies (NYSE JBT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018|| || || || || || || || |
|10/23/2017||Q3 2017||$0.78||$0.82||$414.17 million||$420.80 million||View||N/A|
|7/31/2017||Q2 2017||$0.51||$0.58||$381.49 million||$386.10 million||View||N/A|
|4/25/2017||Q1 2017||$0.53||$0.59||$314.69 million||$344.50 million||View||N/A|
|2/27/2017||Q416||$0.67||$0.85||$386.51 million||$405.00 million||View||N/A|
|10/26/2016||Q316||$0.57||$0.68||$260.00 million||$349.60 million||View||N/A|
|7/26/2016||Q216||$0.56||$0.67||$304.19 million||$328.80 million||View||N/A|
|4/26/2016||Q116||$0.29||$0.34||$265.03 million||$267.10 million||View||N/A|
|2/23/2016||Q415||$0.62||$0.70||$326.40 million||$354.40 million||View||Listen|
|10/27/2015||Q315||$0.37||$0.43||$260.75 million||$273.00 million||View||Listen|
|7/27/2015||Q215||$0.43||$0.48||$251.93 million||$254.60 million||View||Listen|
|4/29/2015||Q115||$0.17||$0.27||$208.20 million||$225.00 million||View||Listen|
|2/17/2015||Q414||$0.55||$0.61||$297.10 million||$295.40 million||View||Listen|
|11/5/2014||Q314||$0.30||$0.36||$240.80 million||$243.00 million||View||N/A|
|8/6/2014||Q214||$0.35||$0.45||$247.70 million||$248.00 million||View||Listen|
|5/5/2014||Q114||$0.03||$0.15||$203.35 million||$198.00 million||View||Listen|
|3/4/2014||Q413||$0.57||$0.46||$302.30 million||$288.10 million||View||Listen|
|10/31/2013||Q313||$0.25||$0.27||$223.20 million||$233.50 million||View||N/A|
|8/6/2013||Q2 2013||$0.27||$0.30||$223.30 million||$226.90 million||View||N/A|
|5/7/2013||Q1 2013||$0.19||$0.14||$209.70 million||$185.70 million||View||N/A|
|3/6/2013||Q4 2012||$0.62||$0.64||$284.50 million||$293.00 million||View||N/A|
|11/5/2012||Q312||$0.20||$0.21||$205.00 million||$205.30 million||View||N/A|
Earnings Estimates for John Bean Technologies (NYSE:JBT)
2017 EPS Consensus Estimate: $2.92
2018 EPS Consensus Estimate: $3.85
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for John Bean Technologies (NYSE:JBT)
|Most Recent Dividend:||9/5/2017|
|Dividend Growth:||5.60% (3 Year Average)|
|Payout Ratio:||14.81% (Trailing 12 Months of Earnings) |
13.07% (Based on This Year's Estimates)
10.87% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for John Bean Technologies (NYSE JBT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for John Bean Technologies (NYSE JBT)
Insider Ownership Percentage: 1.81%Insider Trades by Quarter for John Bean Technologies (NYSE JBT)
Institutional Ownership Percentage: 99.25%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/29/2017||Steven R Smith||EVP||Sell||10,000||$86.78||$867,800.00|| |
|8/22/2017||Caroline Maury Devine||Director||Sell||2,000||$88.16||$176,320.00|| |
|8/18/2017||Megan J Rattigan||VP||Sell||3,103||$87.27||$270,798.81|| |
|11/7/2016||Mark K Montague||VP||Sell||2,500||$78.87||$197,175.00|| |
|11/4/2016||Mark K Montague||VP||Sell||5,000||$77.80||$389,000.00|| |
|8/2/2016||Steven R Smith||EVP||Sell||3,000||$66.50||$199,500.00|| |
|3/8/2016||Mark K Montague||EVP||Sell||6,000||$54.53||$327,180.00|| |
|3/3/2016||Mark K Montague||EVP||Sell||4,000||$54.27||$217,080.00|| |
|3/9/2015||Steven R Smith||EVP||Sell||3,000||$34.00||$102,000.00|| |
|3/5/2015||Mark K Montague||EVP||Sell||7,000||$34.22||$239,540.00|| |
|6/5/2014||Brian A Deck||CFO||Buy||3,000||$28.71||$86,130.00|| |
|3/14/2014||Charles Cannon, Jr.||Chairman||Sell||11,643||$30.44||$354,412.92|| |
|3/13/2014||Charles Cannon, Jr.||Chairman||Sell||18,144||$30.44||$552,303.36|| |
|3/12/2014||David Burdakin||VP||Buy||4,000||$30.87||$123,480.00|| |
|3/11/2014||Charles Cannon, Jr.||Chairman||Sell||16,800||$31.21||$524,328.00|| |
|2/25/2014||Charles Cannon, Jr.||Chairman||Sell||3,500||$29.32||$102,620.00|| |
|2/21/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.13||$174,780.00|| |
|2/19/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.41||$176,460.00|| |
|2/14/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.37||$176,220.00|| |
|2/12/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.56||$177,360.00|| |
|2/10/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.00||$180,000.00|| |
|2/6/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.78||$178,680.00|| |
|2/4/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.91||$179,460.00|| |
|1/31/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.89||$185,340.00|| |
|1/29/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.68||$184,080.00|| |
|1/27/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$31.35||$188,100.00|| |
|1/23/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$32.48||$194,880.00|| |
|1/21/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$32.37||$194,220.00|| |
|1/21/2014||Juan Podesta||VP||Sell||3,000||$32.32||$96,960.00|| |
|1/16/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$32.12||$192,720.00|| |
|1/16/2014||Juan Podesta||VP||Sell||3,000||$32.00||$96,000.00|| |
|1/14/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.75||$184,500.00|| |
|1/10/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.40||$182,400.00|| |
|1/9/2014||Ronald Mambu||CFO||Sell||2,902||$30.48||$88,452.96|| |
|1/8/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$30.21||$181,260.00|| |
|1/8/2014||Juan Podesta||VP||Sell||3,000||$30.10||$90,300.00|| |
|1/8/2014||Ronald Mambu||CFO||Sell||8,000||$30.21||$241,680.00|| |
|1/6/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.26||$175,560.00|| |
|1/6/2014||Ronald Mambu||CFO||Sell||4,000||$29.67||$118,680.00|| |
|1/2/2014||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.17||$175,020.00|| |
|12/30/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$29.59||$177,540.00|| |
|12/26/2013||John Lee||VP||Sell||6,000||$29.56||$177,360.00|| |
|12/23/2013||John Lee||VP||Sell||6,000||$28.98||$173,880.00|| |
|12/20/2013||Juan Podesta||VP||Sell||3,000||$28.81||$86,430.00|| |
|12/19/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$28.10||$168,600.00|| |
|12/17/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$28.02||$168,120.00|| |
|12/17/2013||Ronald Mambu||CFO||Sell||7,596||$28.03||$212,915.88|| |
|12/13/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$27.69||$166,140.00|| |
|12/13/2013||Ronald Mambu||CFO||Sell||8,000||$27.69||$221,520.00|| |
|12/11/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$28.11||$168,660.00|| |
|12/11/2013||Ronald Mambu||CFO||Sell||8,000||$28.14||$225,120.00|| |
|12/9/2013||Charles Cannon, Jr.||Chairman||Sell||6,000||$28.65||$171,900.00|| |
|12/9/2013||Ronald Mambu||CFO||Sell||8,000||$28.65||$229,200.00|| |
|12/5/2013||Charles Cannon, Jr.||Chairman||Sell||9,393||$28.31||$265,915.83|| |
|12/5/2013||Ronald Mambu||CFO||Sell||8,000||$28.29||$226,320.00|| |
|12/3/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$29.00||$348,000.00|| |
|12/3/2013||Ronald Mambu||CFO||Sell||8,000||$29.00||$232,000.00|| |
|11/29/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$29.66||$355,920.00|| |
|11/29/2013||Ronald Mambu||CFO||Sell||8,000||$29.65||$237,200.00|| |
|11/26/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$29.28||$351,360.00|| |
|11/26/2013||Ronald Mambu||CFO||Sell||8,000||$29.28||$234,240.00|| |
|11/22/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$28.47||$341,640.00|| |
|11/22/2013||Ronald Mambu||CFO||Sell||8,000||$28.48||$227,840.00|| |
|11/20/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$27.85||$334,200.00|| |
|11/20/2013||Juan Podesta||VP||Sell||3,679||$27.87||$102,533.73|| |
|11/20/2013||Ronald Mambu||CFO||Sell||8,000||$27.86||$222,880.00|| |
|11/14/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$27.60||$331,200.00|| |
|11/14/2013||Ronald Mambu||CFO||Sell||8,000||$27.61||$220,880.00|| |
|11/12/2013||Charles Cannon, Jr.||Chairman||Sell||9,303||$27.09||$252,018.27|| |
|11/12/2013||Ronald Mambu||CFO||Sell||8,000||$27.07||$216,560.00|| |
|11/6/2013||Charles Cannon, Jr.||Chairman||Sell||12,000||$27.19||$326,280.00|| |
|11/6/2013||Ronald Mambu||CFO||Sell||8,000||$27.20||$217,600.00|| |
|11/4/2013||Charles H Cannon Jr||Chairman||Sell||12,000||$27.03||$324,360.00|| |
|11/4/2013||John Lee||VP||Sell||3,044||$27.42||$83,466.48|| |
|11/4/2013||Ronald D Mambu||CFO||Sell||8,000||$27.02||$216,160.00|| |
|9/6/2013||Mark K Montague||VP||Sell||7,500||$22.84||$171,300.00|| |
|9/4/2013||John Lee||VP||Sell||7,000||$21.83||$152,810.00|| |
|9/3/2013||Juan Podesta||VP||Sell||7,500||$22.11||$165,825.00|| |
|8/28/2013||Steven Smith||VP||Sell||3,741||$22.54||$84,322.14|| |
Headline Trends for John Bean Technologies (NYSE:JBT)
Latest Headlines for John Bean Technologies (NYSE JBT)
John Bean Technologies (NYSE JBT) Chart for Friday, November, 17, 2017