JBT Marel (NYSE:JBTM) Reaches New 52-Week High - Here's What Happened

JBT Marel Corporation (NYSE:JBTM - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $171.30 and last traded at $171.30, with a volume of 12101 shares. The stock had previously closed at $136.52.Wall Street Analysts Forecast GrowthSeparately, 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, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $143.00.Check Out Our Latest Analysis on JBTMJBT Marel Stock PerformanceThe company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $7.24 billion, a price-to-earnings ratio of -60.79, a P/E/G ratio of 1.91 and a beta of 1.24. The business has a 50-day moving average price of $137.18 and a 200-day moving average price of $123.34. JBT Marel (NYSE:JBTM - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.22. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.The company had revenue of $934.80 million for the quarter, compared to analyst estimates of $898.77 million. The firm's quarterly revenue was up 132.4% compared to the same quarter last year. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. As a group, sell-side analysts forecast that JBT Marel Corporation will post 5.21 earnings per share for the current year. JBT Marel Announces DividendThe company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, August 18th. JBT Marel's payout ratio is currently -17.47%. Institutional Inflows and OutflowsA number of large investors have recently modified their holdings of JBTM. Steward Partners Investment Advisory LLC acquired a new stake in JBT Marel during the 2nd quarter worth $28,000. EverSource Wealth Advisors LLC purchased a new stake in shares of JBT Marel in the 2nd quarter valued at approximately $28,000. JTC Employer Solutions Trustee Ltd acquired a new position in shares of JBT Marel in the 2nd quarter valued at $29,000. Northwestern Mutual Wealth Management Co. acquired a new position in JBT Marel in the second quarter valued at about $29,000. Finally, Allworth Financial LP purchased a new position in shares of JBT Marel during the 2nd quarter worth approximately $30,000. Institutional investors and hedge funds own 98.92% of the company's stock. About JBT Marel (Get Free Report)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.Featured StoriesFive stocks we like better than JBT MarelInsider Buying Explained: What Investors Need to KnowNot Just NVDA: 3 Semiconductor Stocks Struggling This QuarterWhat to Know About Investing in Penny Stocks3 Mid-Cap Energy Firms Analysts See Moving Up to the Big LeaguesWhat Makes a Stock a Good Dividend Stock?Constellation Lowers Outlook: Time to Panic on Buffett's Big Bet?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in JBT Marel Right Now?Before you consider JBT Marel, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JBT Marel wasn't on the list.While JBT Marel currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here