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 a possible profit of 18.28 percent. The most pessimistic analyst gave a price target of 88, which equates to a potential downside of -5.38 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -2.78 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

The growth rate of JBT's earnings is estimated by analysts to be 13.83 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. JBT has a PEG ratio of 2.53.

In the last 52-weeks, JBT has achieved a high of 99.20 and a low of 62.92. The current market price is above the trailing year's low by 47.81 percent, and 6.25 percent lower than its 52-week high. JBT has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.