John Bean Technologies Corp (NYSE: JBT) has reported E.P.S. of $1.19 for its third fiscal quarter (ending September 30) versus $0.97 for the same period a year ago. E.P.S. were $4.51 for the latest four quarters through September 30 versus $3.36 for the same period a year ago.
Recent Price Action
On 10/22/24, John Bean Technologies Corp (NYSE: JBT) stock declined by -2.5%, closing at $95.26. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.8% during the last week.
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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. John Bean Technologies has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 39, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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