A Director at John Bean Technologies (JBT) is Buying Shares


Today, a Director at John Bean Technologies (NYSE: JBT), Polly Kawalek, bought shares of JBT for $25.93K.

Following Polly Kawalek’s last JBT Buy transaction on August 10, 2011, the stock climbed by 73.0%.

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Based on John Bean Technologies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $411 million and quarterly net profit of $1.2 million. In comparison, last year the company earned revenue of $344 million and had a net profit of $17.4 million. JBT’s market cap is $2.73B and the company has a P/E ratio of 42.85. Currently, John Bean Technologies has an average volume of 190.4K.

Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $105.40, reflecting a -18.9% downside. Eight different firms, including BMO Capital and C.L. King, currently also have a Buy rating on the stock.

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John Bean Technologies Corp. is a technology solutions provider, which engages in the food, beverage, and air transportation industries. It operates through the following business segments: JBT FoodTech and JBT AeroTech.

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