John Bean Technologies Corp (NYSE: JBT) has reported E.P.S. of $0.96 for its second fiscal quarter (ending June 30) versus $0.87 for the same period a year ago. E.P.S. were $4.31 for the latest four quarters through June 30 versus $3.19 for the same period a year ago.
Recent Price Action
John Bean Technologies Corp (NYSE: JBT) stock closed at $96.65 on 7/30/24 after a slight decline of -0.8%. This decline was accompanied by normal trading volume. The stock has declined -7.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, JBT is expected to continue to be a Value Builder.
John Bean Technologies has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. John Bean Technologies has a neutral Appreciation Score of 54 but a poor Power Rating of 21, producing the Negative Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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