John Bean Technologies Corporation (JBT)

NYSE: JBT · IEX Real-Time Price · USD
90.68
+0.32 (0.35%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.35%
Market Cap 2.89B
Revenue (ttm) 1.67B
Net Income (ttm) 579.80M
Shares Out 31.84M
EPS (ttm) 18.34
PE Ratio 4.94
Forward PE 17.10
Dividend $0.40 (0.44%)
Ex-Dividend Date May 22, 2024
Volume 217,515
Open 90.36
Previous Close 90.36
Day's Range 89.98 - 91.62
52-Week Range 88.03 - 125.88
Beta 1.31
Analysts Buy
Price Target 121.00 (+33.44%)
Earnings Date Jul 30, 2024

About 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 solutio... [Read more]

Sector Industrials
CEO Brian A. Deck
Employees 5,100
Stock Exchange NYSE
Ticker Symbol JBT
Full Company Profile

Financial Performance

In 2023, JBT's revenue was $1.66 billion, an increase of 4.66% compared to the previous year's $1.59 billion. Earnings were $582.60 million, an increase of 324.02%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for JBT stock is "Buy" and the 12-month stock price forecast is $121.0.

Price Target
$121.0
(33.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

JBT Releases 2023 Environmental, Social, and Governance (ESG) Report

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today published its 2023 Environmental, ...

13 hours ago - Business Wire

JBT Corporation Announces the Approval of Required Documents to Launch the Voluntary Takeover Offer for Marel hf.

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Icelandic Finan...

12 days ago - Business Wire

JBT Corporation Schedules a Joint Conference Call to Discuss the Voluntary Takeover Offer to Acquire All Outstanding Marel hf. Shares

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that it expects the Icel...

14 days ago - Business Wire

JBT Corporation Declares Quarterly Dividend

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) announced that on May 10, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The divi...

7 weeks ago - Business Wire

JBT Corporation Reports First Quarter 2024 Results and Reiterates Full Year 2024 Adjusted EBITDA and Adjusted EPS Guidance

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the first quart...

2 months ago - Business Wire

JBT Corporation Announces First Quarter 2024 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. A conference call is scheduled for 09:30 a.m. ...

2 months ago - Business Wire

JBT Corporation Announces the Execution of a Definitive Transaction Agreement with Marel hf., Representing a Significant Milestone Towards the Anticipated Launch of a Voluntary Takeover Offer for All Marel Shares

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced that JBT and Marel hf. (IC...

3 months ago - Business Wire

JBT Corporation Reports Fourth Quarter and Full Year 2023 Results and Establishes 2024 Guidance with Solid Organic Revenue Growth and Continued Margin Expansion

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the fourth quar...

4 months ago - Business Wire

JBT Corporation Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024. A conference call is schedu...

5 months ago - Business Wire

JBT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of JBT Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed merger of JBT Corporation (NYSE: JBT) and Marel hf is fair to JBT shareholders. Halper S...

5 months ago - Business Wire

JBT Corporation Announces Intention to Launch a Voluntary Takeover Offer to Effectuate Merger with Marel hf; also Announces Solid Preliminary 2023 Financial Results and 2024 Guidance

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported continued, strong execution...

5 months ago - Business Wire

Top 3 Industrials Stocks That Could Blast Off In January - EVI Industries (AMEX:EVI), John Bean Techs (NYSE:JBT)

The most oversold stocks in the industrials presents an opportunity to buy into undervalued companies.

Other symbols: EVIUNF
5 months ago - Benzinga

JBT Corporation Receives Extension of PUSU Deadline for Proposal to Merge With Marel

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) (“JBT”), a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced that the Financial...

6 months ago - Business Wire

JBT Corporation Submits Enhanced Proposal to Acquire Marel hf

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), (“JBT” or the “Company”) a leading global technology solutions provider to high-value segments of the food & beverage industry, today confirmed t...

7 months ago - Business Wire

JBT Corporation Confirms Non-Binding Proposal to Acquire Marel

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), (“JBT” or the “Company”) a leading global technology solutions provider to high-value segments of the food & beverage industry, today issued the ...

7 months ago - Business Wire

JBT Corporation Reports Third Quarter 2023 Results

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the third quart...

9 months ago - Business Wire

JBT Corporation Announces Third Quarter 2023 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report third quarter 2023 financial results after the market closes on Tuesday, October 24, 2023. A conference call is scheduled for 10:00 a....

9 months ago - Business Wire

JBT Corporation Reports Second Quarter 2023 Results from Continuing Operations and Completes Sale of AeroTech

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the second quar...

1 year ago - Business Wire

JBT Corporation Announces Second Quarter 2023 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report second quarter 2023 financial results after the market closes on Tuesday, August 1, 2023. A conference call is scheduled for 09:30 a.m...

1 year ago - Business Wire

Oshkosh to pay $800 million to buy John Bean Technologies' AeroTech business to enter the air transportation support market

Vehicles and equipment maker Oshkosh Corp. OSK, -0.22% announced Tuesday an agreement to pay $800 million in cash to buy John Bean Technologies Corp.'s JBT, +2.75% AeroTech business. Shares of both Os...

Other symbols: OSK
1 year ago - Market Watch

JBT Corporation Announces Definitive Agreement to Sell its AeroTech Business

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) today announced that it has entered into a definitive agreement to sell its AeroTech business to Oshkosh Corporation (NYSE: OSK) in an all-cash tr...

Other symbols: OSK
1 year ago - Business Wire

Oshkosh Corporation to Acquire AeroTech Business from JBT Corporation, Adding Market Leader in Attractive Air Transportation Support Sector

OSHKOSH, Wis.--(BUSINESS WIRE)---- $OSK #OshkoshCorporation--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced that it has entered into a de...

Other symbols: OSK
1 year ago - Business Wire

JBT Corporation Reports First Quarter 2023 Results

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the first quart...

1 year ago - Business Wire

JBT Releases 2022 Environmental, Social, and Governance (ESG) Report

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading technology solutions provider to the global food and beverage industry, today published its 2022 Environmental, Social, and Governance ...

1 year ago - Business Wire

JBT Corporation Announces First Quarter 2023 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report first quarter 2023 financial results after the market closes on Tuesday, April 25, 2023. A conference call is scheduled for 10:00 a.m....

1 year ago - Business Wire