John Bean Technologies Corporation (JBT)
| Market Cap | 2.87B |
| Revenue (ttm) | 1.66B |
| Net Income (ttm) | 582.60M |
| Shares Out | 31.79M |
| EPS (ttm) | 18.13 |
| PE Ratio | 4.97 |
| Forward PE | 17.56 |
| Dividend | $0.40 (0.44%) |
| Ex-Dividend Date | Mar 8, 2024 |
| Volume | 216,157 |
| Open | 92.86 |
| Previous Close | 91.58 |
| Day's Range | 89.34 - 92.86 |
| 52-Week Range | 88.97 - 125.88 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 121.00 (+34.19%) |
| Earnings Date | May 7, 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for JBT stock is "Buy" and the 12-month stock price forecast is $121.0.
News
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...
JBT Corporation Declares Quarterly Dividend
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) announced that on February 28, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The...
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...
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...
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...
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...
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.
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...
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...
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 ...
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...
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....
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...
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...
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...
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...
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...
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...
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 ...
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....
JBT Corporation Reports Fourth Quarter and Full Year 2022 Results
Fourth Quarter 2022 Highlights: Consolidated revenue of $599 million increased 20 percent year over year Earnings per share of $1.17 and adjusted earnings per share of $1.49, a year-over-year increase...
JBT Corporation Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call Schedule
CHICAGO , Feb. 9, 2023 /PRNewswire/ -- JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2022 financial results before the market opens on Tuesday, February 21, 2023. A conference c...
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 repre...
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 schedu...
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 t...