John Bean Technologies (JBT) Given Daily Media Impact Score of 0.19
Media stories about John Bean Technologies (NYSE:JBT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. John Bean Technologies earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 45.8843579178949 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of research firms recently issued reports on JBT. Zacks Investment Research upgraded John Bean Technologies from a “hold” rating to a “buy” rating and set a $129.00 price target on the stock in a research note on Tuesday, November 28th. Robert W. Baird raised their price target on John Bean Technologies from $107.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $105.57.
John Bean Technologies (JBT) opened at $115.15 on Friday. John Bean Technologies has a 12 month low of $80.70 and a 12 month high of $120.55. The firm has a market capitalization of $3,616.09, a P/E ratio of 40.33, a price-to-earnings-growth ratio of 2.30 and a beta of 1.35. The company has a quick ratio of 0.82, a current ratio of 1.28 and a debt-to-equity ratio of 0.91.
John Bean Technologies (NYSE:JBT) last announced its earnings results on Monday, October 23rd. The industrial products company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.04. John Bean Technologies had a return on equity of 25.51% and a net margin of 5.41%. The company had revenue of $420.80 million for the quarter, compared to the consensus estimate of $414.17 million. During the same period last year, the business posted $0.69 EPS. The company’s revenue was up 20.4% on a year-over-year basis. equities research analysts predict that John Bean Technologies will post 3.06 earnings per share for the current fiscal year.
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About John Bean Technologies
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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