Last Updated: 08 Nov 2024
Executive Summary
John Bean Technologies Corporation (JBT) is a leading provider of technology solutions for the food and beverage industry and equipment and services for the air transportation industries. The company has a strong financial position with a market capitalization of $3.8 billion and an EBITDA of $266.6 million. JBT's stock price is currently trading at $116.69, slightly below its 52-week high of $122. Analysts have a mixed outlook on the stock, with one rating it a Strong Buy, one a Buy, one a Hold, and one a Sell.
Company Overview
JBT is headquartered in Chicago, Illinois and has operations in over 100 countries. The company's food and beverage solutions include equipment for processing, packaging, and distribution. JBT's air transportation solutions include equipment for baggage handling, security screening, and aircraft maintenance.
Fundamental Analysis
JBT's financial performance has been strong in recent years. The company's revenue has grown at a compound annual growth rate (CAGR) of 5.4% over the past five years. JBT's earnings per share (EPS) have also grown at a CAGR of 10.3% over the same period. The company's profit margin is 10.2% and its return on equity (ROE) is 9.75%.
JBT's balance sheet is also strong. The company has $1.2 billion in cash and equivalents and $1.5 billion in debt. JBT's debt-to-equity ratio is 0.67, which is below the industry average.
Technical Analysis
JBT's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 60, which indicates that the stock is overbought.
Short Term Outlook
Analysts have a mixed outlook on JBT's stock in the short term. One analyst has a Strong Buy rating on the stock, while another has a Sell rating. The consensus price target for JBT's stock is $117.
Long Term Outlook
Analysts are more bullish on JBT's stock in the long term. The consensus price target for JBT's stock in 12 months is $130.
Analyst Recommendations
Analysts have a mixed outlook on JBT's stock. One analyst has a Strong Buy rating on the stock, one has a Buy rating, one has a Hold rating, and one has a Sell rating. The consensus price target for JBT's stock is $117.
