Seaport Res Ptn Analysts Reduce Earnings Estimates for JBT

John Bean Technologies Co. (NYSE:JBTFree Report) – Investment analysts at Seaport Res Ptn reduced their Q1 2025 EPS estimates for shares of John Bean Technologies in a note issued to investors on Wednesday, December 11th. Seaport Res Ptn analyst W. Liptak now anticipates that the industrial products company will earn $0.89 per share for the quarter, down from their prior estimate of $0.92. The consensus estimate for John Bean Technologies’ current full-year earnings is $5.23 per share. Seaport Res Ptn also issued estimates for John Bean Technologies’ Q3 2025 earnings at $1.48 EPS and FY2025 earnings at $5.59 EPS.

Other equities analysts have also issued reports about the stock. CJS Securities began coverage on shares of John Bean Technologies in a research report on Thursday. They set an “outperform” rating and a $150.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of John Bean Technologies in a research report on Thursday. They issued a “hold” rating and a $130.00 price target for the company.

Get Our Latest Stock Analysis on JBT

John Bean Technologies Stock Down 3.3 %

JBT opened at $122.87 on Friday. The stock has a fifty day moving average of $114.54 and a 200-day moving average of $100.91. The company has a market capitalization of $3.91 billion, a P/E ratio of 22.80, a P/E/G ratio of 1.74 and a beta of 1.24. John Bean Technologies has a fifty-two week low of $82.64 and a fifty-two week high of $128.23. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.00 and a current ratio of 2.55.

John Bean Technologies (NYSE:JBTGet Free Report) last announced its earnings results on Tuesday, October 22nd. The industrial products company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. The company had revenue of $453.80 million for the quarter, compared to analyst estimates of $442.20 million. John Bean Technologies had a return on equity of 10.16% and a net margin of 10.25%. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.11 earnings per share.

Institutional Trading of John Bean Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC boosted its stake in John Bean Technologies by 113.2% in the second quarter. CWM LLC now owns 324 shares of the industrial products company’s stock valued at $31,000 after buying an additional 172 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of John Bean Technologies in the 3rd quarter valued at approximately $39,000. Wilmington Savings Fund Society FSB bought a new stake in shares of John Bean Technologies during the 3rd quarter valued at approximately $39,000. Innealta Capital LLC acquired a new position in John Bean Technologies during the 2nd quarter worth approximately $73,000. Finally, Kimelman & Baird LLC bought a new position in John Bean Technologies in the 2nd quarter valued at approximately $85,000. Institutional investors own 98.92% of the company’s stock.

John Bean Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.40 annualized dividend and a yield of 0.33%. John Bean Technologies’s dividend payout ratio is 7.42%.

About John Bean Technologies

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for John Bean Technologies (NYSE:JBT)

Receive News & Ratings for John Bean Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Bean Technologies and related companies with MarketBeat.com's FREE daily email newsletter.