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John Bean Technologies Corp Stock Research

JBT

104.66USD-0.71(-0.67%)Delayedas of 21 Sep 2023, 01:44 pm
Watchlist

Market Summary

USD104.66-0.71
Delayedas of 21 Sep 2023, 01:44 pm
-0.67%

JBT Stock Price

JBT RSI Chart

JBT Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

26.15

Price/Sales (Trailing)

1.59

EV/EBITDA

16.38

Price/Free Cashflow

25.83

JBT Price/Sales (Trailing)

JBT Profitability

EBT Margin

7.11%

Return on Equity

14.67%

Return on Assets

5.07%

Free Cashflow Yield

3.87%

JBT Fundamentals

JBT Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

8.55%

Revenue Q/Q

-19.23%

JBT Earnings

Earnings (TTM)

128.3M

Earnings Y/Y

-7.19%

Earnings Q/Q

21.09%

Price Action

52 Week Range

81.59125.88
(Low)(High)

Last 7 days

-3.9%

Last 30 days

-1.4%

Last 90 days

-11.6%

Trailing 12 Months

14.1%

JBT Financial Health

Current Ratio

1.4

Debt/Equity

1.13

Debt/Cashflow

0.15

JBT Investor Care

Dividend Yield

0.38%

Dividend/Share (TTM)

0.4

Buy Backs (1Y)

0.08%

Diluted EPS (TTM)

4.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for JBT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-15
Deck Brian A
sold (taxes)
-102,942
104
-985
president & ceo
2023-05-15
Paschall Kristina L
sold (taxes)
-8,360
104
-80.00
evp, cio & cdo
2023-05-15
CORCORAN JESSI L
sold (taxes)
-3,344
104
-32.00
vp, corporate controller & cao
2023-05-15
Marvin James L
sold (taxes)
-41,699
104
-399
evp & general counsel
2023-05-15
Meister Matthew J
sold (taxes)
-13,586
104
-130
executive vp & cfo
2023-05-15
BURDAKIN DAVID C
sold (taxes)
-56,539
104
-541
evp & president, jbt aerotech
2023-05-15
Petrie Robert James
sold (taxes)
-20,274
104
-194
evp & president, protein
2023-05-15
Rizzolo Luiz Augusto
sold (taxes)
-1,776
104
-17.00
evp & president of df&h
2023-05-01
BRASIER BARBARA L
acquired
-
-
1,258
-
2023-05-01
KAWALEK POLLY B
acquired
-
-
2,096
-

1–10 of 50

Which funds bought or sold JBT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
61.00
607
-%
2023-08-23
Dean Capital Management
sold off
-100
-722,407
-
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-262,296
-
-%
2023-08-22
COMERICA BANK
new
-
1,000
1,000
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-13.42
-20,861
529,607
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
0.44
1,591,000
15,447,000
0.15%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.91
337,258
4,682,300
0.01%
2023-08-18
Legato Capital Management LLC
reduced
-49.24
-315,446
406,961
0.06%
2023-08-17
Coppell Advisory Solutions LLC
new
-
1,093
1,093
-%
2023-08-16
Nuveen Asset Management, LLC
reduced
-0.65
2,429,970
26,097,000
0.01%

1–10 of 41

Latest Funds Activity

Are funds buying JBT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own JBT
No. of Funds

Schedule 13G FIlings of John Bean Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
1.2%
390,943
SC 13G/A
Feb 13, 2023
champlain investment partners, llc
5.09%
1,620,170
SC 13G/A
Feb 09, 2023
vanguard group inc
11.05%
3,519,838
SC 13G/A
Jan 26, 2023
blackrock inc.
17.1%
5,441,392
SC 13G/A
Jan 20, 2023
blackrock inc.
17.1%
5,441,392
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
6.5%
2,091,589
SC 13G/A
Feb 11, 2022
champlain investment partners, llc
5.52%
1,752,860
SC 13G/A
Feb 04, 2022
wellington management group llp
3.77%
1,200,654
SC 13G/A
Jan 27, 2022
blackrock inc.
16.2%
5,151,062
SC 13G/A
Jan 26, 2022
blackrock inc.
16.2%
5,151,062
SC 13G/A

Recent SEC filings of John Bean Tech

View All Filings
Date Filed Form Type Document
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jun 14, 2023
8-K
Current Report

Peers (Alternatives to John Bean Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
142.9B
64.8B
2.15% 57.58%
17.09
2.21
19.88% 23.71%
117.0B
61.4B
2.95% 13.14%
11.65
1.91
26.89% 62.82%
20.1B
8.5B
2.57% 17.79%
19.67
2.37
3.15% -10.67%
8.3B
4.7B
-18.47% -11.30%
22
1.75
10.19% -2.33%
MID-CAP
2.0B
1.6B
-0.66% 35.17%
16.19
1.26
12.15% 49.02%
12.0B
-
-3.21% 32.31%
25.57
38.14
-70.09% 32.66%
10.9B
4.2B
-0.51% 58.11%
22.13
2.62
3.67% -12.40%
3.9B
5.0B
4.05% 78.35%
8.84
0.79
22.48% 91.50%
3.4B
2.1B
-1.44% 14.14%
26.15
1.59
14.88% 7.01%
2.6B
931.4M
4.15% 26.93%
23.2
2.77
7.50% -0.54%
2.0B
2.1B
-5.33% 14.70%
16.94
0.97
3.27% -18.09%
SMALL-CAP
-
9.6M
-10.53% 15.66%
-
-
-64.00% 103.64%
1.0B
951.4M
-5.55% 25.53%
20.49
1.06
4.17% 8.83%
747.5M
3.9B
-2.09% 57.08%
21.24
0.19
18.61% 115.65%
525.0M
2.2B
-4.04% 68.31%
-5
0.24
17.70% -829.86%

John Bean Tech News

Barchart
Stock Index Futures Slip as Investors Await Key U.S. Economic Data ....
Barchart,
51 days ago
Nanalyze
Nanalyze

Returns for JBT

Cumulative Returns on JBT

16.3%


10-Year Cumulative Returns

7.0%


7-Year Cumulative Returns

-1.9%


5-Year Cumulative Returns

2.3%


3-Year Cumulative Returns

Risks for JBT

What is the probability of a big loss on JBT?

82.3%


Probability that John Bean Tech stock will be more than 20% underwater in next one year

66.9%


Probability that John Bean Tech stock will be more than 30% underwater in next one year.

41.5%


Probability that John Bean Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does JBT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if John Bean Tech was unfortunately bought at previous high price.

Drawdowns

Financials for John Bean Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.6%2,1122,0782,1661,9161,8381,9201,8681,8101,7521,6881,7281,8341,9041,9861,9461,9381,9301,9281,9201,8661,805
Cost Of Revenue---------------1,3481,3491,3541,3661,3821,3501,303
Gross Profit--------------------505488
  S&GA Expenses1.0%443439442421409415401386377356359373379402396378368354347365352
  R&D Expenses--------------------30.0031.00
EBITDA-100.0%-205202188186233238253237232231248263262251------
EBITDA Margin-100.0%-0.09*0.09*0.09*0.09*0.12*0.13*0.14*0.14*0.14*0.13*0.14*0.14*0.13*0.13*------
Interest Expenses-52.6%5.0010.0014.007.009.009.009.0019.0018.0017.0014.0021.0018.0017.0019.0011.0014.0014.0014.0013.0013.00
Earnings Before Taxes4.2%155149154134130146153159145143146162179179167166157153129124129
EBT Margin-100.0%-0.07*0.07*0.07*0.07*0.08*0.08*0.09*0.08*0.08*0.08*0.09*0.09*0.09*0.09*------
Net Income-1.8%12813113112512011711811710510710912113713812913012312310481.0080.00
Net Income Margin-100.0%-0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.06*0.07*0.07*0.07*0.07*------
Free Cashflow-100.0%-125142137140179226254281324252236198122110------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.3%2,5882,5802,5842,5552,2222,2102,1412,0391,9761,7941,8061,8121,8211,8841,9151,9191,9121,5221,4431,5211,479
  Current Assets2.4%887866869874807777719664778597616635640703708725715627619687685
    Cash Equivalents-6.3%43.0046.0072.0053.0067.0084.0077.0058.0020258.0048.0051.0058.0075.0040.0049.0039.0044.0043.0039.0036.00
  Inventory-32.6%237352240347299276229218204196197220229237245264260226206257271
  Net PPE-9.7%247273245262263269268268268263268262262261266265265238240239235
  Goodwill-4.6%77681377078925.006826856651205485445323.0052052951714122.00321--
  Current Liabilities-1.3%610618621619607596550503479469458435412412475473484454485496516
  Short Term Borrowings12.5%1.001.001.001.00-----------------
    LT Debt, Non Current-0.7%950957977979675670674653641469523598648734698769772448387486437
Shareholder's Equity3.4%921891863806790784751707686672637611597571570524500476457432411
  Retained Earnings3.2%902874851817786756733705679652628601587558533494464433417355334
  Additional Paid-In Capital0.3%221221221218215216214214212232230229236244242242239249246245242
Accumulated Depreciation-10.6%316353306337343347339343345333335321315304308300304295290281276
Shares Outstanding0.1%32.0032.0032.0032.0032.00-32.0032.0032.0032.0032.0032.0032.0032.0032.0032.0032.0032.0032.0032.0032.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations4.1%13012514213717017922625428132425223619812211016315216115463.00118
  Share Based Compensation-2.7%11.0011.0010.007.006.006.007.008.004.001.002.003.007.009.009.009.0010.0010.0010.0010.009.00
Cashflow From Investing-0.1%-408-408-416-450-280-275-272-228-52.80-53.10-37.30-31.40-35.70-355-401-406-443-120-94.40-95.00-97.70
Cashflow From Financing-3.7%23924827131312.0012381.00-19.20-87.40-291-207-202-140268288255294-24.50-48.3035.00-8.40
  Dividend Payments-2.3%13.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.00
  Buy Backs-11.00-8.004.003.00----------16.0016.00-20.0016.0023.00

JBT Income Statement

2023-06-30
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue$ 427.7$ 394.0$ 816.2$ 750.3
Operating expenses:    
Selling, general and administrative expense100.495.9204.1192.1
Restructuring expense2.50.83.31.4
Operating income43.432.070.955.0
Pension expense, other than service cost0.20.00.40.0
Interest expense, net7.12.113.63.9
Income from continuing operations before income taxes36.129.956.951.1
Income tax provision8.44.212.85.5
Income from continuing operations27.725.744.145.6
Income from discontinued operations, net of taxes3.37.712.513.4
Net income$ 31.0$ 33.4$ 56.6$ 59.0
Basic earnings per share from:    
Continuing operations (in dollars per share)$ 0.87$ 0.81$ 1.38$ 1.42
Discontinued operations (in dollars per share)0.100.240.390.42
Net Income (in dollars per share)0.971.051.771.84
Diluted earnings per share from:    
Continuing operations (in dollars per share)0.870.801.371.42
Discontinued operations (in dollars per share)0.100.240.390.42
Net income (in dollars per share)$ 0.97$ 1.04$ 1.76$ 1.84
Product    
Revenue$ 387.3$ 355.4$ 733.8$ 677.1
Operating expenses:    
Cost of products257.0242.4488.8458.9
Service    
Revenue40.438.682.473.2
Operating expenses:    
Cost of products$ 24.4$ 22.9$ 49.1$ 42.9

JBT Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 42.8$ 71.7
Trade receivables, net of allowances213.3200.5
Contract assets66.365.1
Inventories237.2239.8
Other current assets77.575.8
Current assets held for sale249.7216.1
Total current assets886.8869.0
Property, plant and equipment, net of accumulated depreciation of $315.8 and $306.0 respectively246.6245.4
Goodwill776.1770.1
Intangible assets, net410.3430.1
Other assets182.6183.1
Non-current assets held for sale85.485.8
Total Assets2,587.82,583.5
Current Liabilities:  
Short-term debt0.90.6
Accounts payable, trade and other137.4170.6
Advance and progress payments192.1173.7
Other current liabilities149.9157.8
Current liabilities held for sale129.7117.8
Total current liabilities610.0620.5
Long-term debt949.6977.3
Accrued pension and other postretirement benefits, less current portion28.732.0
Other liabilities65.979.9
Non-current liabilities held for sale12.411.1
Commitments and contingencies (Note 14)
Stockholders' Equity:  
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2023 or 20220.00.0
Common stock, $0.01 par value; 120,000,000 shares authorized; June 30, 2023: 31,861,680 issued, and 31,837,364 outstanding; December 31, 2022: 31,861,680 issued, and 31,803,721 outstanding$ 0.3$ 0.3
Common stock held in treasury (in shares)24,31657,959
Common stock held in treasury, at cost June 30, 2023: 24,316 shares; December 31, 2022: 57,959 shares$ (2.2)$ (5.3)
Additional paid-in capital221.3220.7
Retained earnings901.5851.3
Accumulated other comprehensive loss(199.7)(204.3)
Total stockholders' equity921.2862.7
Total Liabilities and Stockholders' Equity$ 2,587.8$ 2,583.5
Brian A. Deck
6600
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, X-ray food inspection, and food safety solutions. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. Further, the company provides mobile air transportation equipment, such as commercial and defense cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and fixed equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, defense forces, and defense contractors. The company markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.