Trade-Ideas LLC identified

John Bean Technologies

(

JBT

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified John Bean Technologies as such a stock due to the following factors:

  • JBT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $16.5 million.
  • JBT has traded 10.701499999999999346300683100707828998565673828125 options contracts today.
  • JBT is making at least a new 3-day high.
  • JBT has a PE ratio of 32.
  • JBT is mentioned 0.97 times per day on StockTwits.
  • JBT has not yet been mentioned on StockTwits today.
  • JBT is currently in the upper 20% of its 1-year range.
  • JBT is in the upper 35% of its 20-day range.
  • JBT is in the upper 45% of its 5-day range.
  • JBT is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on JBT:

John Bean Technologies Corporation designs, manufactures, tests, and services products and systems for food and beverage, and air transportation industries. It operates through JBT FoodTech and JBT AeroTech segments. The stock currently has a dividend yield of 0.7%. JBT has a PE ratio of 32. Currently there are 2 analysts that rate John Bean Technologies a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for John Bean Technologies has been 237,400 shares per day over the past 30 days. John Bean has a market cap of $1.6 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.41 and a short float of 3.2% with 2.68 days to cover. Shares are up 14.2% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates John Bean Technologies as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 14.0%. Since the same quarter one year prior, revenues rose by 18.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Compared to its closing price of one year ago, JBT's share price has jumped by 58.91%, exceeding the performance of the broader market during that same time frame. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
  • JOHN BEAN TECHNOLOGIES's earnings per share declined by 37.0% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, JOHN BEAN TECHNOLOGIES increased its bottom line by earning $1.88 versus $1.03 in the prior year. This year, the market expects an improvement in earnings ($2.30 versus $1.88).
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Machinery industry and the overall market, JOHN BEAN TECHNOLOGIES's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • The gross profit margin for JOHN BEAN TECHNOLOGIES is currently lower than what is desirable, coming in at 31.97%. Regardless of JBT's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 1.90% trails the industry average.

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