John Bean Technologies Corporation (JBT) Company Bio
John Bean Technologies designs, manufactures, tests, and services products and systems for food processing and air transportation industries. The company was founded in 2008 and is based in Chicago, Illinois.
JBT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for JBT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that John Bean Technologies CORP ranked in the 60th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for John Bean Technologies CORP ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 10.15; that's higher than 74.77% of US stocks in the Industrials sector that have positive free cash flow.
John Bean Technologies CORP's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 21.04% of tickers in our DCF set.
JBT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 21.04% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DE, ICFI, USAK, THR, and VMI can be thought of as valuation peers to JBT, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
JBT ([[JBT]] +0.0%) announces that Brian Deck will resume his role as Interim President and CEO effective immediately.Tom Giacomini has decided that he is unable to return as CEO and director and has stepped down to focus on his health and recovery.The Board has initiated a search to identify a permanent CEO....