Investors are poised to add John Bean Technologies Corp (JBT) Stock to their long term portfolios

At the time of writing, John Bean Technologies Corp [JBT] stock is trading at $122.92, up 1.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The JBT shares have lost -1.67% over the last week, with a monthly amount glided 4.36%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

John Bean Technologies Corp [NYSE: JBT] stock has seen the most recent analyst activity on December 12, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $130. On October 27, 2022, downgrade downgraded it’s rating to Mkt Perform. JP Morgan upgraded its rating to a Neutral but stick to its price target of $130 on October 04, 2021. Robert W. Baird upgraded its rating to a Outperform but $151 remained the price target by the analyst firm on May 26, 2021. Seaport Global Securities upgraded its rating to Buy for this stock on March 16, 2020. In a note dated May 01, 2019, Wellington Shields downgraded an Hold rating on this stock.

For the past year, the stock price of John Bean Technologies Corp fluctuated between $82.64 and $128.23. Currently, Wall Street analysts expect the stock to reach $128 within the next 12 months. John Bean Technologies Corp [NYSE: JBT] shares were valued at $122.92 at the most recent close of the market. An investor can expect a potential return of 4.13% based on the average JBT price forecast.

Analyzing the JBT fundamentals

According to John Bean Technologies Corp [NYSE:JBT], the company’s sales were 1.69B for trailing twelve months, which represents an 12.79% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.41.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 120.31 points at the first support level, and at 117.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.88, and for the 2nd resistance point, it is at 128.85.

Ratios To Look Out For

It is important to note that John Bean Technologies Corp [NYSE:JBT] has a current ratio of 2.55. On the other hand, the Quick Ratio is 2.00, and the Cash Ratio is 1.13. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 2.47 and price to earnings (TTM) ratio is 22.81.

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