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JBT
Stock ticker: NYSE
AS OF
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Price
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Capitalization
3.31B

JBT John Bean Technologies Corp Forecast, Technical & Fundamental Analysis

a manufacturer of food processing and ground support equipment for the aviation industry

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for JBT with price predictions
08:00 PM EDT Sep 25, 2023

JBT sees MACD Histogram crosses below signal line

JBT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 21, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 55 instances where the indicator turned negative. In of the 55 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on JBT as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JBT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for JBT entered a downward trend on September 15, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for JBT's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JBT advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. JBT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.593) is normal, around the industry mean (11.640). P/E Ratio (25.840) is within average values for comparable stocks, (44.801). Projected Growth (PEG Ratio) (1.303) is also within normal values, averaging (2.014). JBT has a moderately low Dividend Yield (0.004) as compared to the industry average of (0.021). P/S Ratio (1.495) is also within normal values, averaging (10.671).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. JBT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are General Electric Company (NYSE:GE), Illinois Tool Works (NYSE:ITW), Ingersoll Rand (NYSE:IR), Generac Holdings (NYSE:GNRC).

Industry description

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

Market Cap

The average market capitalization across the Industrial Machinery Industry is 7.69B. The market cap for tickers in the group ranges from 1.55K to 135.33B. SMAWF holds the highest valuation in this group at 135.33B. The lowest valued company is XEBEF at 1.55K.

High and low price notable news

The average weekly price growth across all stocks in the Industrial Machinery Industry was -2%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -4%. QWTR experienced the highest price growth at 72%, while MKUL experienced the biggest fall at -76%.

Volume

The average weekly volume growth across all stocks in the Industrial Machinery Industry was 12%. For the same stocks of the Industry, the average monthly volume growth was 23% and the average quarterly volume growth was 26%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 63
Price Growth Rating: 58
SMR Rating: 65
Profit Risk Rating: 77
Seasonality Score: -14 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

JBT is expected to report earnings to rise 16.49% to $1.13 per share on October 25

John Bean Technologies Corp JBT Stock Earnings Reports
Q3'23
Est.
$1.13
Q2'23
Beat
by $0.05
Q1'23
Beat
by $0.22
Q4'22
Beat
by $0.09
Q3'22
Beat
by $0.08
The last earnings report on August 01 showed earnings per share of 97 cents, beating the estimate of 92 cents. With 103.62K shares outstanding, the current market capitalization sits at 3.31B.
A.I.Advisor
published Dividends

JBT paid dividends on September 05, 2023

John Bean Technologies Corp JBT Stock Dividends
А dividend of $0.10 per share was paid with a record date of September 05, 2023, and an ex-dividend date of August 18, 2023. Read more...
A.I. Advisor
published General Information

General Information

a manufacturer of food processing and ground support equipment for the aviation industry

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
70 West Madison Street
Phone
+1 312 861-5900
Employees
7200
Web
https://www.jbtc.com
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JBT and

Correlation & Price change

A.I.dvisor indicates that over the last year, JBT has been closely correlated with ITT. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if JBT jumps, then ITT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JBT
1D Price
Change %
JBT100%
-0.76%
ITT - JBT
77%
Closely correlated
-2.13%
MIDD - JBT
74%
Closely correlated
-2.34%
PNR - JBT
69%
Closely correlated
-2.47%
DOV - JBT
69%
Closely correlated
-1.92%
KMT - JBT
69%
Closely correlated
-1.01%
More

Groups containing JBT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JBT
1D Price
Change %
JBT100%
-0.76%
industrial machinery
(undefined stocks)
82%
Closely correlated
-1.44%
JBT
(undefined stocks)
81%
Closely correlated
-1.64%
Industrial Machinery
(undefined stocks)
74%
Closely correlated
-1.03%
aviation
(undefined stocks)
66%
Closely correlated
-1.30%
food
(undefined stocks)
57%
Loosely correlated
-0.98%