J & J Snack Foods Corp (NASDAQ:JJSF) has been given a consensus broker rating score of 0.00 () from the four analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Brokerages have set a 12-month consensus price target of $132.50 for the company and are predicting that the company will post $0.89 EPS for the current quarter, according to Zacks. Zacks has also assigned J & J Snack Foods Corp an industry rank of 206 out of 265 based on the ratings given to its competitors.
A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of J & J Snack Foods Corp from a “sell” rating to a “hold” rating in a research note on Wednesday, January 4th. DA Davidson lowered shares of J & J Snack Foods Corp from a “buy” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Wednesday, January 4th. They noted that the move was a valuation call.
Shares of J & J Snack Foods Corp (NASDAQ:JJSF) opened at 138.85 on Tuesday. The stock’s 50 day moving average is $131.28 and its 200-day moving average is $125.75. The stock has a market cap of $2.60 billion, a P/E ratio of 34.02 and a beta of 0.67. J & J Snack Foods Corp has a one year low of $97.73 and a one year high of $139.54.
J & J Snack Foods Corp (NASDAQ:JJSF) last released its quarterly earnings data on Monday, January 23rd. The company reported $0.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.10. J & J Snack Foods Corp had a net margin of 7.69% and a return on equity of 12.21%. The company earned $225.60 million during the quarter, compared to analyst estimates of $224.97 million. During the same period in the prior year, the firm earned $0.66 earnings per share. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, equities analysts forecast that J & J Snack Foods Corp will post $4.37 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 6th. Investors of record on Wednesday, March 15th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Monday, March 13th. J & J Snack Foods Corp’s dividend payout ratio (DPR) is presently 41.08%.
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In related news, insider Robert M. Radano sold 7,500 shares of the company’s stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $126.55, for a total value of $949,125.00. Following the completion of the sale, the insider now directly owns 94,425 shares of the company’s stock, valued at $11,949,483.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 21.00% of the stock is owned by corporate insiders.
Hedge funds have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. raised its stake in J & J Snack Foods Corp by 764.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 856 shares of the company’s stock worth $114,000 after buying an additional 757 shares during the period. Bruderman Asset Management LLC raised its stake in J & J Snack Foods Corp by 0.3% in the third quarter. Bruderman Asset Management LLC now owns 1,143 shares of the company’s stock worth $136,000 after buying an additional 3 shares during the period. Victory Capital Management Inc. raised its stake in J & J Snack Foods Corp by 32.2% in the third quarter. Victory Capital Management Inc. now owns 1,605 shares of the company’s stock worth $191,000 after buying an additional 391 shares during the period. Teton Advisors Inc. acquired a new stake in J & J Snack Foods Corp during the fourth quarter worth $200,000. Finally, Tyers Asset Management LLC acquired a new stake in J & J Snack Foods Corp during the fourth quarter worth $214,000. 68.27% of the stock is owned by institutional investors.
J & J Snack Foods Corp Company Profile
J & J Snack Foods Corp. is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks.
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