John Bean Technologies Corp (JBT) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for John Bean Technologies Corp (NYSE: JBT) is above average at 24.27x, Company’s 36-month beta value is 1.24.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for JBT is 31.43M, and currently, short sellers hold a 13.45% ratio of that floaft. The average trading volume of JBT on December 26, 2024 was 405.60K shares.

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JBT) stock’s latest price update

John Bean Technologies Corp (NYSE: JBT)’s stock price has surge by 2.64relation to previous closing price of 127.44. Nevertheless, the company has seen a 7.90% surge in its stock price over the last five trading sessions. zacks.com reported 2024-12-23 that John Bean satisfies all conditions for its acquisition of Marel and is set to form a leading food and beverage process company.

JBT’s Market Performance

JBT’s stock has risen by 7.90% in the past week, with a monthly rise of 8.18% and a quarterly rise of 39.09%. The volatility ratio for the week is 3.62% while the volatility levels for the last 30 days are 2.65% for John Bean Technologies Corp The simple moving average for the past 20 days is 5.04% for JBT’s stock, with a 30.51% simple moving average for the past 200 days.

Analysts’ Opinion of JBT

Many brokerage firms have already submitted their reports for JBT stocks, with Jefferies repeating the rating for JBT by listing it as a “Hold.” The predicted price for JBT in the upcoming period, according to Jefferies is $130 based on the research report published on December 12, 2024 of the current year 2024.

JBT Trading at 11.06% from the 50-Day Moving Average

After a stumble in the market that brought JBT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.71% of gains for the given period.

Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares surge +5.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.79% upper at present.

During the last 5 trading sessions, JBT rose by +7.90%, which changed the moving average for the period of 200-days by +27.34% in comparison to the 20-day moving average, which settled at $124.53. In addition, John Bean Technologies Corp saw 31.28% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for JBT

Current profitability levels for the company are sitting at:

  • 0.1 for the present operating margin
  • 0.36 for the gross margin

The net margin for John Bean Technologies Corp stands at 0.1. The total capital return value is set at 0.07. Equity return is now at value 9.75, with 5.26 for asset returns.

Based on John Bean Technologies Corp (JBT), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 14.79.

Currently, EBITDA for the company is 269.4 million with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.52. The receivables turnover for the company is 5.07for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.55.

Conclusion

In a nutshell, John Bean Technologies Corp (JBT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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