John Bean Technologies (JBT) is a complicated business to analyze in the current environment. Although shares have rebounded alongside the broad market, they still trade below their January levels.
JBT operates two business segments: FoodTech and AeroTech. FoodTech is a more stable business. This segment manufactures and provides services to large corporations in the Food industry. They supply the machines to companies in the early phase of the food processing sector. Their machines are used from the meat and poultry sector to big conglomerates like Nestle or Campbell Soup (CPB). AeroTech