JBT Marel Corporation (JBTM) – What Are Researchers Thinking About This Stock?

JBT Marel Corporation (NYSE:JBTM – Get Free Report) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $165.20.

A number of research analysts have issued reports on JBTM shares. KeyCorp started coverage on JBT Marel in a report on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of JBT Marel in a report on Wednesday, September 2nd. Barclays started coverage on shares of JBT Marel in a research report on Tuesday, September 8th. They set an “overweight” rating and a $150.00 price target on the stock. Finally, Robert W. Baird cut their price target on JBT Marel from $188.00 to $171.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th.

Check Out Our Latest Research Report on JBT Marel

JBT Marel Trading Up 0.8%

JBT Marel stock opened at $105.42 on Friday. The business has a 50 day moving average price of $112.34 and a two-hundred day moving average price of $125.12. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. JBT Marel has a 12 month low of $102.97 and a 12 month high of $170.19. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 1.15 and a beta of 0.94.

JBT Marel (NYSE:JBTM – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). JBT Marel had a return on equity of 8.75% and a net margin of 4.89%. The business had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, equities analysts forecast that JBT Marel will post 8.04 EPS for the current year.

JBT Marel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, August 17th. JBT Marel’s payout ratio is currently 10.90%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Walleye Capital LLC bought a new position in JBT Marel during the second quarter worth $3,953,000. Bank of America Corp DE grew its position in shares of JBT Marel by 2.3% in the first quarter. Bank of America Corp DE now owns 466,741 shares of the company’s stock valued at $59,682,000 after purchasing an additional 10,714 shares during the last quarter. Legal & General Group Plc acquired a new stake in JBT Marel during the 2nd quarter worth approximately $45,764,000. Susquehanna Fundamental Investments LLC increased its position in JBT Marel by 79.8% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 84,502 shares of the company’s stock worth $12,253,000 after buying an additional 37,499 shares during the period. Finally, Corient Private Wealth LP acquired a new stake in shares of JBT Marel during the second quarter worth $1,771,000. Institutional investors own 98.92% of the company’s stock.

About JBT Marel

(Get Free Report)

JBT Marel Corporation (NYSE: JBTM) is a global food processing technology company formed through the combination of JBT Corporation and Marel. The company develops, manufactures and services equipment, integrated production lines and software used throughout the food industry, from primary processing to packaging and related automation.

Its products and solutions support the processing of poultry, meat, fish, prepared foods, pet food, plant-based products, fruits and vegetables, and other food categories.

Further Reading

Analyst Recommendations for JBT Marel (NYSE:JBTM)

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