Weiss Ratings Reiterates Hold (C-) Rating for JBT Marel (NYSE:JBTM)

JBT Marel (NYSE:JBTM)‘s stock had its “hold (c-)” rating reissued by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other analysts have also recently issued reports on the company. Robert W. Baird set a $169.00 target price on JBT Marel in a research report on Friday, October 3rd. William Blair upgraded JBT Marel from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

JBT Marel Trading Up 1.2%

NYSE:JBTM opened at $145.05 on Wednesday. JBT Marel has a one year low of $90.08 and a one year high of $148.76. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.53 and a current ratio of 0.93. The firm has a market cap of $7.54 billion, a P/E ratio of -63.34, a P/E/G ratio of 2.00 and a beta of 1.21. The firm has a 50-day simple moving average of $139.87 and a 200-day simple moving average of $124.73.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.27 by $0.22. The business had revenue of $934.80 million during the quarter, compared to analyst estimates of $898.77 million. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. The company’s quarterly revenue was up 132.4% on a year-over-year basis. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. Equities analysts anticipate that JBT Marel will post 5.21 EPS for the current fiscal year.

Institutional Investors Weigh In On JBT Marel

Large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC purchased a new stake in shares of JBT Marel during the second quarter worth about $28,000. EverSource Wealth Advisors LLC acquired a new stake in JBT Marel in the 2nd quarter worth approximately $28,000. JTC Employer Solutions Trustee Ltd acquired a new stake in JBT Marel in the 2nd quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. acquired a new stake in JBT Marel in the 2nd quarter worth approximately $29,000. Finally, Allworth Financial LP acquired a new stake in JBT Marel in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

About JBT Marel

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.