John Bean Technologies Corporat with ticker code (JBT) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 125 and 85 calculating the average target price we see $113.25. Given that the stocks previous close was at $106.81 this indicates there is a potential upside of 6.0%. The 50 day MA is $106.03 and the 200 day moving average is $102.62. The market capitalization for the company is $3,266m. Company Website: https://www.jbtc.com
The potential market cap would be $3,463m based on the market consensus.
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, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. Further, the company provides mobile air transportation equipment, such as commercial and defense cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and fixed equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, defense forces, and defense contractors. The company markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.
The company has a dividend yield of 0.38% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.74, revenue per share of 67.69 and a 4.83% return on assets.
