John Bean Technologies (JBT) Given Media Impact Rating of 0.11
Media headlines about John Bean Technologies (NYSE:JBT) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. John Bean Technologies earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.2270274515814 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Analysts Expect John Bean Technologies Corp (JBT) to Post $1.07 Earnings Per Share (americanbankingnews.com)
- John Bean Technologies Corp. : JBT-US: Dividend Analysis : December 18th, 2017 (record date) : By the numbers : December 19, 2017 (finance.yahoo.com)
- John Bean Technologies Corporation (JBT) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- John Bean Technologies (JBT) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Zacks Investment Research Downgrades John Bean Technologies (JBT) to Hold (americanbankingnews.com)
Several equities research analysts have commented on JBT shares. Robert W. Baird set a $101.00 price objective on shares of John Bean Technologies and gave the company a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research upgraded shares of John Bean Technologies from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research note on Thursday, October 26th. Finally, Bank of America lowered shares of John Bean Technologies from a “neutral” rating to an “underperform” rating in a research note on Friday, December 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $104.86.
John Bean Technologies (NYSE:JBT) last issued its quarterly earnings results on Monday, October 23rd. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.04. John Bean Technologies had a net margin of 5.41% and a return on equity of 25.51%. The company had revenue of $420.80 million during the quarter, compared to analyst estimates of $414.17 million. During the same quarter last year, the business posted $0.69 EPS. John Bean Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. equities research analysts anticipate that John Bean Technologies will post 3.07 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 18th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, December 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. John Bean Technologies’s payout ratio is currently 14.81%.
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About John Bean Technologies
John Bean Technologies Corporation (JBT) is a technology solutions provider to the segments of the food and beverage industry with focus on proteins, liquid foods and automated system solutions. It operates through two segments: JBT FoodTech and JBT AeroTech. The JBT FoodTech segment designs, manufactures and services technologically food processing systems used for fruit juice production, frozen food production, in-container food production, automated systems and convenience food preparation by the food industry.
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