John Bean Technologies Corporation (JBT) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on Wednesday’s news that the company has signed a definitive agreement to acquire leading liquid foods solutions provider A&B Process Systems. This led to solid volume with far more shares changing hands than in a normal session. With this, the recent trend for the company stands reversed, as the stock is now down 12.5% since Aug 10, 2015.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

John Bean Technologies currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another top-ranked stock in the same space is Pentair plc (PNR), holding the Zacks Rank as John Bean Technologies.

Is JBT going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
JOHN BEAN TECH (JBT): Free Stock Analysis Report
 
PENTAIR PLC (PNR): Free Stock Analysis Report
 
To read this article on Zacks.com click here.