John Bean Technologies Corporation (JBT)

NYSE: JBT · IEX Real-Time Price · USD
93.06
-0.40 (-0.43%)
Dec 2, 2022 4:00 PM EST - Market closed
-0.43%
Market Cap 2.93B
Revenue (ttm) 2.06B
Net Income (ttm) 124.80M
Shares Out 31.86M
EPS (ttm) 3.88
PE Ratio 23.98
Forward PE 16.75
Dividend $0.40 (0.43%)
Ex-Dividend Date Aug 19, 2022
Volume 89,208
Open 92.32
Previous Close 93.46
Day's Range 91.78 - 93.88
52-Week Range 81.59 - 164.52
Beta 1.40
Analysts Buy
Price Target 107.10 (+15.1%)
Earnings Date Oct 27, 2022

About JBT

John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, X-ray food inspection, and food safety solutions. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating... [Read more]

Industry Machinery
CEO Thomas Giacomini
Employees 7,200
Stock Exchange NYSE
Ticker Symbol JBT
Full Company Profile

Financial Performance

In 2021, JBT's revenue was $1.87 billion, an increase of 8.13% compared to the previous year's $1.73 billion. Earnings were $118.40 million, an increase of 8.82%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for JBT stock is "Buy." The 12-month stock price forecast is 107.1, which is an increase of 15.09% from the latest price.

Price Target
$107.1
(15.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

John Bean (JBT) Q3 Earnings Surpass Estimates, Increase Y/Y

John Bean (JBT) reports year-over-year improvement in Q3 revenues and earnings. The company however witnessed a decline in its order levels.

1 month ago - Zacks Investment Research

John Bean (JBT) Q3 Earnings Surpass Estimates

JBT (JBT) delivered earnings and revenue surprises of 4.10% and 0.97%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

JBT Corporation Reports Third Quarter 2022 Results

Third Quarter 2022 Highlights: Consolidated revenue of $555 million, representing a 16 percent increase year over year Earnings per share of $1.07 and adjusted earnings per share of $1.27, which represe...

1 month ago - PRNewsWire

John Bean (JBT) Earnings Expected to Grow: Should You Buy?

JBT (JBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

JBT Corporation Announces Third Quarter 2022 Earnings Release and Conference Call Schedule

CHICAGO , Oct. 13, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT) will report third quarter 2022 financial results after the market closes on Wednesday, October 26, 2022. A conference call is schedule...

1 month ago - PRNewsWire

John Bean Technologies (JBT) Closes Bevcorp Buyout for $290M

John Bean Technologies (JBT) concludes the Bevcorp buyout, fortifying its footprint in the beverage processing and packaging market.

3 months ago - Zacks Investment Research

JBT Corporation Completes Bevcorp Acquisition

CHICAGO , Sept. 1, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has completed the...

3 months ago - PRNewsWire

JBT Corporation Announces New Appointments for Carlos Fernandez and Augusto Rizzolo

CHICAGO , Aug. 18, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today that Carlos Fernande...

3 months ago - PRNewsWire

JBT Corporation Declares Quarterly Dividend

CHICAGO , Aug. 11, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced that on August 11, 2022, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common ...

3 months ago - PRNewsWire

John Bean (JBT) Q2 Earnings and Revenues Lag Estimates

JBT (JBT) delivered earnings and revenue surprises of -4.24% and 2.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

JBT Corporation Reports Second Quarter 2022 Results and Signs Definitive Agreement to Acquire Bevcorp

Second Quarter 2022 Highlights: Revenue of $542 million, representing a 14 percent increase year over year Earnings per share of $1.04, or $1.13 as adjusted Total backlog of $1.1 billion increased 25 pe...

4 months ago - PRNewsWire

7 Undervalued Small-Cap Stocks to Buy Now

These undervalued small-cap stocks to buy do have value and could outperform in both the short term and long term. The post 7 Undervalued Small-Cap Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: AVNSBCCGFFPRLBSONOSSTK
4 months ago - InvestorPlace

Earnings Preview: John Bean (JBT) Q2 Earnings Expected to Decline

JBT (JBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

JBT Corporation Announces Second Quarter 2022 Earnings Release and Conference Call Schedule

CHICAGO , July 14, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT) will report second quarter 2022 financial results after the market closes on Wednesday, July 27, 2022. A conference call is scheduled ...

4 months ago - PRNewsWire

John Bean (JBT) Buys Alco, Expands Growth in Food Processing

John Bean's (JBT) latest buyout strengthens its product offering in further processing, mainly expanding convenience meal lines and alternative and plant-based protein technology.

5 months ago - Zacks Investment Research

JBT Corporation Acquires Alco-food-machines

CHICAGO , July 1, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-...

5 months ago - PRNewsWire

JBT (JBT) Moves 8.1% Higher: Will This Strength Last?

JBT (JBT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

5 months ago - Zacks Investment Research

Why John Bean (JBT) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

6 months ago - Zacks Investment Research

Why Is JBT (JBT) Up 2.2% Since Last Earnings Report?

JBT (JBT) reported earnings 30 days ago. What's next for the stock?

6 months ago - Zacks Investment Research

John Bean (JBT) Bets on Order Trends, Buyouts Amid Cost Woes

John Bean Technologies (JBT) to benefit from strong order levels, strategic acquisition program and innovative products. High costs and supply chain disruption remain headwinds.

6 months ago - Zacks Investment Research

Why John Bean (JBT) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

6 months ago - Zacks Investment Research

John Bean (JBT) Revenues and Earnings Beat Estimates in Q1

John Bean (JBT) Q1 results reflect the impact of higher demand and inflated costs and supply chain disruptions.

7 months ago - Zacks Investment Research

John Bean (JBT) Beats Q1 Earnings and Revenue Estimates

JBT (JBT) delivered earnings and revenue surprises of 55.36% and 6.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

JBT Corporation Reports First Quarter 2022 Results

First Quarter 2022 Highlights: Achieved orders of $566 million, representing a 16% increase year over year Revenue of $469 million and earnings per share of $0.80, or $0.87 as adjusted  Record backlog o...

7 months ago - PRNewsWire

Is a Surprise Coming for John Bean Technologies (JBT) This Earnings Season?

John Bean Technologies (JBT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

7 months ago - Zacks Investment Research