JBT Marel (NYSE:JBTM) Downgraded by Wall Street Zen to “Hold”

JBT Marel (NYSE:JBTM) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Sunday.

Several other research firms also recently weighed in on JBTM. Seaport Research Partners set a $165.00 target price on shares of JBT Marel in a research report on Thursday, May 21st. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Oppenheimer began coverage on JBT Marel in a research report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price on the stock. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.67.

JBT Marel Price Performance

Shares of JBTM stock opened at $132.84 on Friday. JBT Marel has a fifty-two week low of $113.67 and a fifty-two week high of $170.19. The firm has a market capitalization of $6.92 billion, a price-to-earnings ratio of 41.51, a PEG ratio of 1.39 and a beta of 0.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01. The stock’s 50-day simple moving average is $129.44 and its 200-day simple moving average is $142.50.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings data on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.09. The firm had revenue of $936.00 million for the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities analysts forecast that JBT Marel will post 8.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JBT Marel

A number of institutional investors have recently bought and sold shares of the business. Eurizon Capital SGR S.p.A. purchased a new stake in shares of JBT Marel in the 4th quarter valued at $25,000. CI Investments Inc. raised its holdings in shares of JBT Marel by 69.2% during the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter. Group One Trading LLC raised its holdings in shares of JBT Marel by 49.3% during the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after purchasing an additional 72 shares during the last quarter. Parallel Advisors LLC lifted its position in JBT Marel by 1,211.8% during the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after purchasing an additional 206 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new position in JBT Marel during the second quarter valued at $28,000. 98.92% of the stock is owned by hedge funds and other institutional investors.

About JBT Marel

JBT Marel 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.