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John Bean Stock Price, News & Analysis

JBT NYSE

Company Description

Overview of John Bean (JBT)

John Bean (JBT) is a prominent supplier of integrated food processing solutions, offering a comprehensive suite that ranges from individual machines to fully realized processing lines. The company is renowned for its technological advancements in food process automation and precision systems, catering to the needs of global and regional industrial food processors. Through their portfolio, JBT emphasizes enhancing value by capturing key aspects such as quality, nutrition, and taste in food products.

Core Business Areas

JBT has strategically segmented its operations to cover multiple critical facets of food processing technology. Their extensive product offerings include:

  • Freezer Solutions: Systems designed for the freezing and chilling of a diverse array of food products including meat, seafood, poultry, ready-to-eat meals, fruits, vegetables, dairy, and bakery items. These solutions ensure that products maintain optimal texture and quality.
  • Protein Processing Solutions: Equipment engineered to portion, coat, fry, and cook protein-rich products ranging from poultry and meat to seafood and even vegetable-based items, thereby catering to a variety of culinary and nutritional demands.
  • In-Container Processing Solutions: Advanced units that are capable of filling, closing, and sterilizing an assortment of products such as fruits, vegetables, soups, sauces, dairy items, pet foods, and ready-to-eat meals. These systems are adaptable to modern packaging requirements.
  • Fruit and Juice Processing Solutions: Technologies that extract, concentrate, and aseptically process a wide range of fruits, vegetables, and juices, ensuring efficient handling and high product quality.
  • Automation Solutions: Including automatic guided vehicles (AGVs) which support the logistics and material handling segments within processing facilities.

Market Position and Industrial Significance

Within the competitive landscape of food technology, JBT positions itself as a critical player by addressing the evolving needs of the food processing industry. The company provides solutions that not only adhere to the highest standards of efficiency and safety, but also incorporate innovations that streamline operations and bolster product integrity. JBT's business model is based on long-term partnerships with customers, supplying tailored solutions that are as scalable as they are technically robust. Their multi-faceted approach ensures that they remain responsive to both regional market demands and global industry standards.

Technological and Operational Expertise

JBT's expertise is demonstrated by its rigorous approach to engineering and process innovation. The company invests in research and development to continuously refine its product offerings, ensuring that each solution is engineered to meet complex processing requirements. The integration of smart automation and precise process control has empowered food processing companies to optimize production lines, reduce waste, and adhere to stringent food safety standards. This focus on technological enhancement not only reinforces the company's value proposition but also distinguishes it among competitors.

Competitive Landscape and Differentiators

In a market teeming with food processing equipment suppliers, JBT differentiates itself by its commitment to a holistic suite of solutions that encompass every stage of the food production process. By merging automation with traditional processing techniques, the company successfully navigates the challenges posed by fluctuating demands and rising quality expectations. Moreover, its service and support framework, tailored to the unique needs of each industrial client, further solidifies its reputation as a dependable and insightful industry partner.

Operational Excellence and Industry Relevance

JBT's long-standing focus on operational excellence is rooted in its ability to adapt to various food processing challenges. The company leverages its extensive experience and technical know-how to deliver systems that are not only efficient but also customizable to diverse processing environments. The integration of robust design with state-of-the-art technological features underscores JBT's dedication to producing equipment that meets modern efficiency, safety, and sustainability standards in food manufacturing.

Conclusion

Overall, John Bean (JBT) plays a pivotal role in the food processing sector by delivering innovative and integrated solutions that address a multitude of production challenges. Its comprehensive approach, ranging from advanced freezing and protein processing to in-container and juice processing solutions, reinforces its position as a key enabler of operational success in the industrial food processing market. With a focus on technological excellence and customer-centric design, JBT continues to make significant contributions to the efficiency and quality of food production systems worldwide.

Stock Performance

$—
0.00%
0.00
Last updated:
31.51 %
Performance 1 year
$4.0B
Market Cap
31.8M
Shares outstanding

SEC Filings

No SEC filings available for John Bean.

Financial Highlights

$1,716,000,000
Revenue (TTM)
$85,400,000
Net Income (TTM)
$2.65
Diluted EPS (TTM)
$233,600,000
Operating Cash Flow
4.98%
Net Profit Margin
6.90%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of John Bean (JBT)?

The current stock price of John Bean (JBT) is $125.32 as of January 3, 2025.

What is the market cap of John Bean (JBT)?

The market cap of John Bean (JBT) is approximately 4.0B.

What is the revenue (TTM) of John Bean (JBT) stock?

The trailing twelve months (TTM) revenue of John Bean (JBT) is $1,716,000,000.

What is the net income of John Bean (JBT)?

The trailing twelve months (TTM) net income of John Bean (JBT) is $85,400,000.

What is the earnings per share (EPS) of John Bean (JBT)?

The diluted earnings per share (EPS) of John Bean (JBT) is $2.65 on a trailing twelve months (TTM) basis.

What is the operating cash flow of John Bean (JBT)?

The operating cash flow of John Bean (JBT) is $233,600,000.

What is the profit margin of John Bean (JBT)?

The net profit margin of John Bean (JBT) is 4.98%.

What is the operating margin of John Bean (JBT)?

The operating profit margin of John Bean (JBT) is 6.90%.

What is the gross margin of John Bean (JBT)?

The gross profit margin of John Bean (JBT) is 36.51%.

What is the current ratio of John Bean (JBT)?

The current ratio of John Bean (JBT) is 3.48, indicating the company's ability to pay short-term obligations.

What is the gross profit of John Bean (JBT)?

The gross profit of John Bean (JBT) is $626,500,000 on a trailing twelve months (TTM) basis.

What is the operating income of John Bean (JBT)?

The operating income of John Bean (JBT) is $118,400,000.

What is the core business of John Bean (JBT)?

John Bean (JBT) specializes in providing integrated food processing solutions, ranging from single machines to complete processing lines that enhance the quality, nutrition, and taste of food products.

Which key food processing segments does JBT serve?

JBT offers solutions in freezer technology, protein processing, in-container processing, and fruit and juice processing, along with automation systems like automatic guided vehicles.

Who are the primary customers of JBT?

JBT markets its equipment and services to multinational and regional industrial food processing companies, addressing varied processing needs across different segments of the food industry.

How does JBT differentiate itself in the food processing industry?

JBT differentiates itself by integrating advanced automation with traditional processing techniques and by offering a comprehensive suite of solutions tailored to the diverse needs of food manufacturers.

What technological advancements are integral to JBT's operations?

The company incorporates state-of-the-art automation, precise process control, and custom engineering solutions designed to enhance operational efficiency, product quality, and adherence to rigorous food safety standards.

How does JBT support its global market reach?

JBT supports a global clientele by offering scalable and customizable equipment solutions that meet both local and international food processing standards, ensuring reliability across diverse markets.

What role do automation solutions play in JBT's portfolio?

Automation is a key component of JBT's portfolio, exemplified by their automatic guided vehicles and integrated system solutions, which streamline production, reduce waste, and optimize processing efficiency.

How does JBT ensure the quality and safety of its food processing systems?

JBT adheres to strict engineering practices and continuous research and development efforts to guarantee that its systems maintain high standards of quality, safety, and operational performance across all food processing applications.