Today, the EVP & CFO of John Bean Technologies (NYSE: JBT), Brian Deck, bought shares of JBT for $87.91K.
Following Brian Deck’s last JBT Buy transaction on June 06, 2014, the stock climbed by 59.1%. This recent transaction increases Brian Deck’s holding in the company by 2.04% to a total of $4.43 million.
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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 $2.8B and the company has a P/E ratio of 44.40. Currently, John Bean Technologies has an average volume of 229.3K.
Eight different firms, including BMO Capital and C.L. King, currently also have a Buy rating on the stock. Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $105.40, reflecting a -16.0% downside.
The insider sentiment on John Bean Technologies has been positive according to 33 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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.
