John Bean Technologies Co. Receives Consensus Rating of “Moderate Buy” from Three Ratings Firms
August 11, 2023
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John Bean Technologies ($NYSE:JBT) Co. (JBT) is a leading global supplier of technology products and services used in the food and beverage industry. Their products range from industrial processing and packaging equipment to automation technologies, including total process control systems and robotics. Recently, three ratings firms have published their consensus rating for JBT shares. This is great news for investors, as the Moderate Buy rating indicates that these firms are confident in the company’s stock performance and potential for growth.
The three ratings firms currently covering JBT are Zacks Investment Research, Stifel Financial Corp. and BMO Capital Markets. All three of these firms have issued highly positive outlooks on JBT shares and believe that the stock will continue to perform well over the long-term. Investors can feel confident that they are making a sound investment when they purchase JBT shares.
Stock Price
This came as JBT’s stock opened at $110.9 and ended the day at $112.3, representing a 1.2% increase from the previous closing price of $111.0. Analysts anticipate that the company’s stock will continue to show positive growth over the course of the next year. The “Moderate Buy” rating comes as JBT continues to expand its operations and strengthen its presence in the market. Recently, the company has acquired multiple businesses in order to diversify its portfolio and increase its customer base.
Additionally, JBT has implemented cutting-edge technologies and processes to improve product quality and efficiency in the production process, which has had a positive impact on its stock. Overall, the “Moderate Buy” rating from 3 ratings firms is a sign of confidence in JBT’s future prospects and suggests that investors can expect to see positive returns over the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JBT. More…
| Total Revenues | Net Income | Net Margin |
| 1.97k | 128.3 | 6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JBT. More…
| Operations | Investing | Financing |
| 160.1 | -406.8 | 239.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JBT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.59k | 1.67k | 28.95 |
Key Ratios Snapshot
Some of the financial key ratios for JBT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.2% | -5.8% | 8.4% |
| FCF Margin | ROE | ROA |
| 4.1% | 11.5% | 4.0% |
Analysis
At GoodWhale, we believe that it’s important to stay informed when making decisions about your investments. That’s why we provide guidance to help analyze the fundamentals of JOHN BEAN TECHNOLOGIES. Based on our Risk Rating, JOHN BEAN TECHNOLOGIES is a medium risk investment in terms of financial and business aspects. If you want to delve deeper into the business and financial areas with potential risks, become a registered user of GoodWhale and explore our detailed analysis. With GoodWhale, you can make informed decisions about your investments and help ensure that your portfolio is maximizing its returns. More…
Peers
The company’s products are used by customers in more than 100 countries around the world. John Bean Technologies Corp has a strong competitive position in the market, with a wide range of products and a global customer base. The company’s competitors include Dover Corp, Shenzhen Genvict Technologies Co Ltd, Crawford United Corp.
– Dover Corp ($NYSE:DOV)
Dover Corporation is a global manufacturer of industrial products and components. The company’s products are used in a variety of industries, including aerospace, transportation, energy, and medical. Dover’s products are sold through a network of distributors and retailers. The company has a market cap of 18.29B as of 2022 and a Return on Equity of 22.89%. Dover is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol DOV.
– Shenzhen Genvict Technologies Co Ltd ($SZSE:002869)
Shenzhen Genvict Technologies Co Ltd has a market cap of 4.08B as of 2022. The company’s return on equity is -3.9%.
Shenzhen Genvict Technologies Co Ltd is a leading provider of Internet of Things (IoT) solutions. The company’s products and solutions are used in a wide range of industries, including smart city, transportation, energy, environment, healthcare, and manufacturing.
– Crawford United Corp ($OTCPK:CRAWA)
Crawford United Corp is a publicly traded company with a market capitalization of $61.6 million as of 2022. The company has a return on equity of 10.27%. Crawford United Corp is engaged in the business of providing engineering, construction and maintenance services to the energy, industrial and commercial markets.
Summary
John Bean Technologies Co. (JBT) is a technology company with a strong portfolio of products and services across multiple industries. According to recent analyst ratings, JBT is rated as a Moderate Buy, indicating that the company is expected to perform well. Investors should consider JBT as an investment option due to its strong fundamentals and product portfolio, as well as its impressive financial performance in recent years. However, potential investors should conduct their own research and analysis before making any decision to invest in the company.
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