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.
Investment analysts gave a few price targets for JBT. The most optimistic price target was 110, implying potential capital gains of 18.28 percent. The most pessimistic price target was 88, implying potential capital losses of -5.38 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.78 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their 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, 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. 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. Today's price is 47.81 percent above the 52-week low, and 6.25 percent below the 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 market cap of JBT is $2.94 billion. JBT will post this quarters earnings in days, on 0000-00-00.