John Bean Technologies (JBT) Scheduled to Post Quarterly Earnings on Wednesday

John Bean Technologies (NYSE:JBT) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect John Bean Technologies to post earnings of $0.82 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

John Bean Technologies (NYSE:JBT) last announced its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.04. John Bean Technologies had a net margin of 33.53% and a return on equity of 12.15%. The firm had revenue of $444.60 million during the quarter, compared to analysts’ expectations of $445.81 million. During the same period in the previous year, the company earned $1.49 earnings per share. John Bean Technologies’s quarterly revenue was up .8% compared to the same quarter last year. On average, analysts expect John Bean Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

John Bean Technologies Price Performance

Shares of JBT opened at $90.80 on Monday. John Bean Technologies has a 1-year low of $88.03 and a 1-year high of $125.88. The stock has a market cap of $2.89 billion, a PE ratio of 4.82, a price-to-earnings-growth ratio of 1.45 and a beta of 1.29. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.27 and a quick ratio of 1.78. The firm has a fifty day moving average price of $98.53 and a 200 day moving average price of $100.47.

John Bean Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Monday, March 11th were given a $0.10 dividend. The ex-dividend date was Friday, March 8th. This represents a $0.40 dividend on an annualized basis and a yield of 0.44%. John Bean Technologies’s dividend payout ratio (DPR) is presently 2.12%.

Analysts Set New Price Targets

Separately, Robert W. Baird reissued an “outperform” rating and issued a $121.00 price target on shares of John Bean Technologies in a research report on Monday, January 22nd. One analyst has rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, John Bean Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

About John Bean Technologies

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.