JBT Marel (NYSE:JBTM) Issues Earnings Results, Beats Expectations By $0.43 EPS

JBT Marel (NYSE:JBTMGet Free Report) announced its quarterly earnings data on Monday. The company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.43, Zacks reports. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. JBT Marel updated its FY 2025 guidance to 6.100-6.400 EPS.

JBT Marel Trading Down 1.6%

JBTM traded down $1.97 during trading on Monday, hitting $124.13. The company’s stock had a trading volume of 646,649 shares, compared to its average volume of 557,386. The firm’s 50 day moving average price is $137.59 and its 200-day moving average price is $127.72. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.93 and a quick ratio of 0.53. The stock has a market cap of $6.45 billion, a PE ratio of -54.21, a PEG ratio of 1.72 and a beta of 1.21. JBT Marel has a twelve month low of $90.08 and a twelve month high of $148.76.

JBT Marel Announces Dividend

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

Analyst Ratings Changes

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

Get Our Latest Stock Report on JBT Marel

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. acquired a new position in shares of JBT Marel in the 2nd quarter valued at $135,854,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of JBT Marel in the 2nd quarter valued at $77,963,000. P2 Capital Partners LLC acquired a new position in shares of JBT Marel in the 2nd quarter valued at $65,536,000. Adage Capital Partners GP L.L.C. acquired a new position in shares of JBT Marel in the 2nd quarter valued at $63,931,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of JBT Marel in the 2nd quarter valued at $46,226,000. 98.92% of the stock is currently owned by institutional investors and hedge funds.

JBT Marel Company Profile

(Get Free Report)

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.

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Earnings History for JBT Marel (NYSE:JBTM)

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