Media coverage about John Bean Technologies (NYSE:JBT) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. John Bean Technologies earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.8466863571922 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several equities analysts have recently weighed in on the stock. ValuEngine upgraded shares of John Bean Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th. TheStreet upgraded shares of John Bean Technologies from a “c+” rating to an “a-” rating in a research note on Thursday, July 26th. Zacks Investment Research upgraded shares of John Bean Technologies from a “sell” rating to a “hold” rating and set a $123.00 target price for the company in a research note on Saturday, July 28th. Finally, BMO Capital Markets lifted their target price on shares of John Bean Technologies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $109.17.

Shares of NYSE:JBT opened at $118.85 on Wednesday. The company has a market cap of $3.74 billion, a P/E ratio of 38.34, a PEG ratio of 1.83 and a beta of 1.21. John Bean Technologies has a 12 month low of $84.81 and a 12 month high of $122.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.33 and a quick ratio of 0.80.

John Bean Technologies (NYSE:JBT) last issued its quarterly earnings data on Wednesday, July 25th. The industrial products company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.05 by $0.19. The company had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $474.59 million. John Bean Technologies had a net margin of 4.43% and a return on equity of 26.58%. John Bean Technologies’s revenue for the quarter was up 27.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 earnings per share. equities research analysts anticipate that John Bean Technologies will post 4.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 4th. Investors of record on Monday, August 20th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, August 17th. This represents a $0.40 annualized dividend and a yield of 0.34%. This is a boost from John Bean Technologies’s previous quarterly dividend of $0.09. John Bean Technologies’s payout ratio is currently 12.90%.

John Bean Technologies Company Profile

John Bean Technologies Corporation designs, manufactures, tests, installs, and services products and systems for the food and beverage, and air transportation industries. The company operates through JBT FoodTech and JBT AeroTech segments. It provides chilling, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, frying, freezing, weighing solutions, X-ray food inspection, and packaging systems for poultry, beef, pork, and seafood, as well as ready-to-eat meals, fruits, vegetables, dairy, and bakery products; solutions to extract, concentrate, and aseptically process citrus, tomato and other fruits, vegetables, and juices; and solutions for the filling, closing, and preservation of fruits, vegetables, soups, sauces, and dairy and pet food products, as well as ready-to-eat meals.

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