John Bean Technologies (NYSE:JBT) will be announcing its earnings results after the market closes on Monday, February 26th. Analysts expect the company to announce earnings of $1.08 per share for the quarter.
John Bean Technologies (NYSE JBT) opened at $118.85 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.28 and a quick ratio of 0.82. The firm has a market capitalization of $3,751.86, a price-to-earnings ratio of 44.02, a P/E/G ratio of 2.16 and a beta of 1.32. John Bean Technologies has a 52-week low of $80.70 and a 52-week high of $120.55.
Several research analysts recently weighed in on JBT shares. Zacks Investment Research raised John Bean Technologies from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a research report on Thursday, October 26th. Robert W. Baird increased their target price on John Bean Technologies from $107.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Bank of America lowered John Bean Technologies from a “neutral” rating to an “underperform” rating in a research report on Friday, December 8th. Finally, Wells Fargo & Co set a $125.00 target price on John Bean Technologies and gave the stock a “buy” rating in a research report on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $107.25.
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.
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