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.
Many analysts weighed in on price targets for JBT. The most optimistic price target was 110, implying potential capital gains of 18.28 percent. The minimum price target given was 88, which equates to a potential downside of -5.38 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -2.78 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.17 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.98 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of JBT to grow at a rate of 13.83 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of JBT is 2.53.
In the last 52-weeks, JBT has achieved a high of 99.20 and a low of 62.92. Currently the stock is 47.81 percent higher than its low, 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's next earnings release will be on 0000-00-00, which is days away.