John Bean Technologies Corp (JBT) Scheduled to Post Quarterly Earnings on Wednesday
John Bean Technologies Corp (NYSE:JBT) is scheduled to issue its Q214 quarterly earnings data on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $247.70 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Shares of John Bean Technologies Corp (NYSE:JBT) traded down 0.11% during mid-day trading on Tuesday, hitting $26.10. The stock had a trading volume of 98,488 shares. John Bean Technologies Corp has a 1-year low of $21.44 and a 1-year high of $32.83. The stock’s 50-day moving average is $29.00 and its 200-day moving average is $29.79. The company has a market cap of $760.5 million and a price-to-earnings ratio of 31.87.
A number of research firms have recently commented on JBT. Analysts at Global Hunter Securities reiterated a “buy” rating on shares of John Bean Technologies Corp in a research note on Tuesday, May 27th. They now have a $35.00 price target on the stock, down previously from $40.00. Analysts at TheStreet downgraded shares of John Bean Technologies Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, May 7th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $32.00.
John Bean Technologies Corporation is a global technology solutions provider for the food processing and air transportation industries.
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