What is Seaport Res Ptn’s Estimate for JBT FY2025 Earnings?

John Bean Technologies Co. (NYSE:JBT) – Analysts at Seaport Res Ptn reduced their FY2025 EPS estimates for John Bean Technologies in a research note issued to investors on Wednesday, October 23rd. Seaport Res Ptn analyst W. Liptak now anticipates that the industrial products company will post earnings of $5.63 per share for the year, down from their prior forecast of $5.67. The consensus estimate for John Bean Technologies’ current full-year earnings is $5.18 per share.

John Bean Technologies Stock Down 3.1 %

JBT stock opened at $114.41 on Friday. The stock has a market capitalization of $3.64 billion, a P/E ratio of 21.23, a P/E/G ratio of 1.33 and a beta of 1.25. The firm has a 50-day simple moving average of $94.26 and a 200-day simple moving average of $94.05. The company has a quick ratio of 1.96, a current ratio of 2.54 and a debt-to-equity ratio of 0.43. John Bean Technologies has a 52 week low of $82.64 and a 52 week high of $118.55.

John Bean Technologies (NYSE:JBT) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. The business had revenue of $453.80 million during the quarter, compared to analysts’ expectations of $442.20 million. John Bean Technologies had a net margin of 10.25% and a return on equity of 10.30%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.11 earnings per share.

Institutional Trading of John Bean Technologies

Several large investors have recently bought and sold shares of JBT. Diversified Trust Co grew its stake in John Bean Technologies by 36.6% during the 1st quarter. Diversified Trust Co now owns 13,216 shares of the industrial products company’s stock valued at $1,386,000 after acquiring an additional 3,541 shares in the last quarter. Pullen Investment Management LLC purchased a new stake in John Bean Technologies during the 1st quarter valued at about $437,000. Texas Permanent School Fund Corp grew its stake in John Bean Technologies by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 27,865 shares of the industrial products company’s stock valued at $2,923,000 after acquiring an additional 360 shares in the last quarter. Duality Advisers LP boosted its holdings in John Bean Technologies by 20.6% in the 1st quarter. Duality Advisers LP now owns 4,655 shares of the industrial products company’s stock valued at $488,000 after purchasing an additional 796 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in John Bean Technologies in the 1st quarter valued at about $238,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

John Bean Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.40 annualized dividend and a yield of 0.35%. John Bean Technologies’s dividend payout ratio is presently 7.42%.

John Bean Technologies Company Profile

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.