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.
A number of analysts gave price targets for JBT. The most optimistic price target was 110, implying a possible profit of 18.28 percent. The lowest price target was 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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.17 percent. If we look at the last 90 days instead, we find a net average change of -0.98 percent in FY estimates.
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, compared to 2 analysts that revised their FY estimates downwards.
JBT has an estimated earnings growth rate of 13.83 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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 trailing 52-weeks, JBT hit 99.20 at the highest peak, while it's lowest trading point was 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 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 market cap of JBT is $2.94 billion. JBT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.