Zacks Research Research Analysts Lower Earnings Estimates for John Bean Technologies Co. (NYSE:JBT)

John Bean Technologies Co. (NYSE:JBTFree Report) – Analysts at Zacks Research cut their FY2025 earnings per share (EPS) estimates for John Bean Technologies in a research note issued on Tuesday, March 26th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $5.44 per share for the year, down from their prior forecast of $5.45. The consensus estimate for John Bean Technologies’ current full-year earnings is $5.17 per share. Zacks Research also issued estimates for John Bean Technologies’ FY2026 earnings at $5.87 EPS.

Separately, Robert W. Baird reissued an “outperform” rating and set a $121.00 price target on shares of John Bean Technologies in a research report on Monday, January 22nd. One analyst has rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $121.00.

Check Out Our Latest Report on JBT

John Bean Technologies Stock Up 3.5 %

JBT traded up $3.55 on Wednesday, hitting $103.79. 56,631 shares of the company were exchanged, compared to its average volume of 196,920. John Bean Technologies has a 12 month low of $89.96 and a 12 month high of $125.88. The company has a market cap of $3.30 billion, a PE ratio of 5.33, a PEG ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.78 and a current ratio of 2.27. The stock’s fifty day moving average is $100.77 and its 200-day moving average is $102.09.

John Bean Technologies (NYSE:JBTGet Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.04. John Bean Technologies had a return on equity of 12.15% and a net margin of 33.53%. The company had revenue of $444.60 million for the quarter, compared to analyst estimates of $445.81 million. During the same period in the previous year, the company posted $1.49 earnings per share. The company’s quarterly revenue was up .8% compared to the same quarter last year.

John Bean Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Monday, March 11th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.39%. The ex-dividend date was Friday, March 8th. John Bean Technologies’s payout ratio is 2.12%.

Institutional Investors Weigh In On John Bean Technologies

Institutional investors have recently made changes to their positions in the stock. Money Concepts Capital Corp bought a new stake in shares of John Bean Technologies in the fourth quarter valued at approximately $29,000. Pinebridge Investments L.P. bought a new stake in John Bean Technologies during the second quarter worth $41,000. Belpointe Asset Management LLC lifted its stake in John Bean Technologies by 124.0% during the first quarter. Belpointe Asset Management LLC now owns 392 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 217 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in John Bean Technologies during the first quarter worth $59,000. Finally, State of Wyoming bought a new stake in John Bean Technologies during the second quarter worth $73,000. 98.92% of the stock is currently owned by institutional investors.

About John Bean Technologies

(Get Free Report)

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.

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Earnings History and Estimates for John Bean Technologies (NYSE:JBT)

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