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 66th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for JBT, they are:
In the past 5.72 years, John Bean Technologies CORP has a compound free cash flow growth rate of 0.36%; that's higher than 75.73% of free cash flow generating stocks in the Industrials sector.
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 25.93% of tickers in our DCF set.
John Bean Technologies CORP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 10.15. This coverage rate is greater than that of 77.37% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as JBT, try ASGN, TGH, FC, WSC, and ABM.
JBT (NYSE:JBT) is scheduled to announce Q2 earnings results on Monday, July 27th, after market close.The consensus EPS Estimate is $0.74 (-47.9% Y/Y) and the consensus Revenue Estimate is $396.37M (-19.6% Y/Y).Over the last 2 years, JBT has beaten EPS estimates 88% of the time and has beaten revenue estimates...
JBT Corporation (NYSE: JBT) will report second quarter 2020 financial results after the market closes on Monday, July 27, 2020. A conference call is scheduled for 10:00 a.m. ET on Tuesday, July 28, 2020.
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