John Bean Technologies Corporation (JBT)
NYSE: JBT · IEX Real-Time Price · USD
90.18
-0.39 (-0.43%)
Apr 17, 2024, 4:00 PM EDT - Market closed
John Bean Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for JBT stock has a target of 121, which predicts an increase of 34.18% from the current stock price of 90.18.
Analyst Consensus: Buy
* Price targets were last updated on Jan 22, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for JBT is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Reiterates $121 | Buy | Reiterates | $121 | +34.18% | Jan 22, 2024 |
| Baird | Baird | Buy Reiterates $128 | Buy | Reiterates | $128 | +41.94% | Jun 30, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $135 → $120 | Buy | Maintains | $135 → $120 | +33.07% | Nov 2, 2022 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 27, 2022 |
| B of A Securities | B of A Securities | Sell Maintains $94 → $100 | Sell | Maintains | $94 → $100 | +10.89% | Apr 27, 2022 |
Financial Forecast
Revenue This Year
1.77B
from 1.66B
Increased by 6.34%
Revenue Next Year
1.87B
from 1.77B
Increased by 5.76%
EPS This Year
5.21
from 18.13
Decreased by -71.24%
EPS Next Year
5.74
from 5.21
Increased by 10.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.8B | 2.0B | 2.7B | 3.2B |
| Avg | 1.8B | 1.9B | 2.6B | 3.1B |
| Low | 1.7B | 1.8B | 2.5B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.1% | 10.7% | 45.7% | 21.1% |
| Avg | 6.3% | 5.8% | 40.1% | 16.5% |
| Low | 2.6% | 0.9% | 36.0% | 13.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.57 | 6.20 | 9.52 | 10.42 |
| Avg | 5.21 | 5.74 | 9.16 | 10.02 |
| Low | 4.98 | 5.20 | 8.89 | 9.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -69.3% | 18.8% | 65.9% | 13.7% |
| Avg | -71.2% | 10.1% | 59.6% | 9.4% |
| Low | -72.5% | -0.2% | 54.9% | 6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.