Currently, there are 51.88M common shares owned by the public and among those 47.95M shares have been available to trade.
The company’s stock has a 5-day price change of -2.80% and 8.52% over the past three months. JBTM shares are trading -2.47% year to date (YTD), with the 12-month market performance up to 24.88% higher. It has a 12-month low price of $82.64 and touched a high of $133.98 over the same period. JBTM has an average intraday trading volume of 600.47K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.00%, -1.67%, and 17.69% respectively.
Institutional ownership of JBT Marel Corp (NYSE: JBTM) shares accounts for 79.25% of the company’s 51.88M shares outstanding.
It has a market capitalization of $6.43B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 23.00, while the earnings-per-share (ttm) stands at $5.39. The company has a PEG of 1.63 and a Quick Ratio of 2.00 with the debt-to-equity ratio at 0.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.57% over the week and 3.03% over the month.
Earnings per share for the fiscal year are expected to increase by 22.52%, and 10.06% over the next financial year. EPS should shrink at an annualized rate of 14.10% over the next five years, compared to 41.21% over the past 5-year period.
Looking at the support for the JBTM, a number of firms have released research notes about the stock. CL King stated their Buy rating for the stock in a research note on January 22, 2025, with the firm’s price target at $143. Jefferies coverage for the JBT Marel Corp (JBTM) stock in a research note released on December 12, 2024 offered a Hold rating with a price target of $130. JP Morgan on their part issued Neutral rating on October 04, 2021.
