JBT Marel (NYSE:JBTM) Stock Rating Upgraded by Wall Street Zen

JBT Marel (NYSE:JBTM) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Other equities analysts have also issued reports about the company. Oppenheimer began coverage on JBT Marel in a research note on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price objective on the stock. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, Seaport Research Partners set a $165.00 price objective on JBT Marel in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, JBT Marel has a consensus rating of “Moderate Buy” and an average target price of $174.67.

JBT Marel Stock Performance

Shares of JBTM stock opened at $125.22 on Friday. The business’s 50-day moving average price is $128.97 and its 200-day moving average price is $142.85. JBT Marel has a 12 month low of $113.67 and a 12 month high of $170.19. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 39.13, a PEG ratio of 1.29 and a beta of 0.95. The company has a current ratio of 1.01, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32.

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

Institutional Investors Weigh In On JBT Marel

Hedge funds have recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. bought a new stake in JBT Marel in the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC bought a new stake in JBT Marel in the second quarter worth approximately $28,000. CI Investments Inc. increased its holdings in JBT Marel by 69.2% in the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Parallel Advisors LLC increased its holdings in JBT Marel by 1,211.8% in the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after purchasing an additional 206 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in JBT Marel in the second quarter worth approximately $29,000. 98.92% of the stock is currently owned by institutional investors.

JBT Marel Company Profile

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.