Is There Now An Opportunity In John Bean Technologies Corporation (NYSE:JBT)?
Is There Now An Opportunity In John Bean Technologies Corporation (NYSE:JBT)?
John Bean Technologies Corporation (NYSE:JBT), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Let's take a look at John Bean Technologies's outlook and value based on the most recent financial data to see if the opportunity still exists.
約翰賓技術公司（紐交所：JBT）雖然不是大盤股票，但過去幾個月在紐交所上看到股價上漲超過10％。 最近股價的上漲將該公司推向正確的方向，儘管它仍未達到今年的最高點。 作爲一家成熟的公司，通常會受到分析師的充分關注，您可以認爲公司前景的任何最新變化已經被計入股票的價格中。 但是，如果該股票仍然是便宜貨呢？ 讓我們根據最新的財務數據，來看一下約翰賓技術的前景和價值，看看是否仍存在機會。
Is John Bean Technologies Still Cheap?
約翰賓技術還便宜嗎？
According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that John Bean Technologies's ratio of 23.39x is trading slightly above its industry peers' ratio of 21.65x, which means if you buy John Bean Technologies today, you'd be paying a relatively sensible price for it. And if you believe that John Bean Technologies should be trading at this level in the long run, then there should only be a fairly immaterial downside vs other industry peers. So, is there another chance to buy low in the future? Given that John Bean Technologies's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility.
根據我們的價格倍數模型，對比該公司的市盈率和行業平均值，股票價格似乎是合理的。在這種情況下，我們使用市盈率（PE）比率，因爲沒有足夠的信息可靠地預測該股票的現金流。 我們發現約翰賓技術的市盈率爲23.39倍，略高於其行業同行的21.65倍，這意味着如果今天購買約翰賓技術，您將爲其付出相對合理的價格。如果您認爲約翰賓技術在長期內應該以這個水平交易，那麼與其他行業同行相比，只應該有相對較小的下行空間。 那麼，是否會有另一次機會以較低的價格購買？鑑於約翰賓技術的股票價格相當波動（即其價格波動相對於市場的其餘部分具有放大作用），這可能意味着價格可能會下跌，給我們提供以後購買的機會。這是基於它的高貝塔值，這是股票價格波動的良好指標。
What does the future of John Bean Technologies look like?
約翰賓技術的未來如何？
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. John Bean Technologies' earnings growth are expected to be in the teens in the upcoming year, indicating a solid future ahead. This should lead to robust cash flows, feeding into a higher share value.
尋求投資組合增長的投資者可能希望在購買其股票之前考慮該公司的前景。儘管價值投資者會認爲相對價格的內在價值最爲重要，但更具說服力的投資論點將是以低廉的價格具有高增長潛力。 約翰賓技術的盈利增長預計在未來一年中會達到兩位數，表明未來前景可觀。 這應該導致強勁的現金流，進而促進較高的股價。
What This Means For You
這對您意味着什麼？
Are you a shareholder? It seems like the market has already priced in JBT's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at JBT? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio?
您是股東嗎？市場似乎已經爲JBT的積極前景定價，因爲股價正在行業價格倍數附近交易。 但是，還有其他重要因素我們今天沒有考慮，例如公司的財務實力。自上次關注JBT以來，這些因素是否有所改變？如果股票價格低於行業市盈率比率，您是否有足夠的信心購買？
Are you a potential investor? If you've been keeping tabs on JBT, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for JBT, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
您是潛在投資者嗎？如果您一直在關注JBT，那麼現在買入可能不是最有利的時機，因爲它正在以行業價格倍數交易。 但是，積極的前景對於JBT來說是鼓舞人心的，這意味着有必要深入研究其資產負債表的實力等其他因素，以便利用下一次股票價格下跌的機會。
It can be quite valuable to consider what analysts expect for John Bean Technologies from their most recent forecasts. So feel free to check out our free graph representing analyst forecasts.
從其最新預測中考慮分析師對約翰賓技術的期望可以非常有價值。 因此，請隨時查看我們代表分析師預測的免費圖表。
If you are no longer interested in John Bean Technologies, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對約翰賓技術感興趣，您可以使用我們的免費平台查看我們的另外50多隻具有高增長潛力的股票列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。