Analyst Ratings for John Bean Technologies Corp. (JBT)Updated: 2017-07-27
John Bean Technologies Corp. (NYSE:JBT) was awarded an average rating of Overweight from investment analysts following the stock. JBT had previously received a consensus rating of Overweight a month ago.
5 analysts declared JBT a buy, 2 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for JBT by the analysts covering the stock. The highest price target was 110, implying potential capital gains of 18.28 percent. The most pessimistic price target was 88, which equates to a potential downside of -5.38 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.78 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.17 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.98 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of JBT's earnings is estimated by analysts to be 13.83 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. JBT has a PEG ratio of 2.53.
JBT has a 52-week high of 99.20 and a 52-week low of 62.92. Today's price is 47.81 percent above the 52-week low, and below the high by 6.25 percent. JBT has a price/earnings ratio of 34.98. Investors typically compare the P/E ratio to a company's peers in the industry. The JBT value stock report compares JBT to some of its peers using value stock charts. The stock has a market capitalization of $2.94 billion. JBT will post this quarters earnings in days, on 0000-00-00.