JBT Marel (NYSE:JBTM) Updates FY 2025 Earnings Guidance

JBT Marel (NYSE:JBTM) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 6.100-6.400 for the period, compared to the consensus EPS estimate of 5.910. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on JBTM shares. William Blair raised shares of JBT Marel from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 6th. Robert W. Baird set a $169.00 price target on JBT Marel in a research note on Friday, October 3rd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of JBT Marel in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

JBT Marel Price Performance

Shares of NYSE:JBTM traded down $1.97 during midday trading on Monday, reaching $124.13. 646,646 shares of the company were exchanged, compared to its average volume of 557,350. The business’s fifty day moving average is $137.59 and its two-hundred day moving average is $127.72. JBT Marel has a one year low of $90.08 and a one year high of $148.76. The stock has a market cap of $6.45 billion, a PE ratio of -54.21, a price-to-earnings-growth ratio of 1.72 and a beta of 1.21. The company has a current ratio of 0.93, a quick ratio of 0.53 and a debt-to-equity ratio of 0.35.

JBT Marel (NYSE:JBTM) last posted its earnings results on Tuesday, February 22nd. The company reported $1.02 EPS for the quarter. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.The firm had revenue of $439.40 million during the quarter. As a group, analysts predict that JBT Marel will post 5.21 earnings per share for the current year.

JBT Marel Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 18th. JBT Marel’s dividend payout ratio is currently -17.47%.

Hedge Funds Weigh In On JBT Marel

A number of hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new position in JBT Marel in the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of JBT Marel during the 2nd quarter valued at approximately $29,000. Smartleaf Asset Management LLC acquired a new position in shares of JBT Marel in the 2nd quarter valued at $78,000. Canada Pension Plan Investment Board purchased a new stake in JBT Marel during the second quarter worth $108,000. Finally, Jane Street Group LLC purchased a new stake in JBT Marel during the second quarter worth $365,000. 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.