J & J Snack Foods (JJSF) Scheduled to Post Quarterly Earnings on Monday

J & J Snack Foods (NASDAQ:JJSFGet Rating) is scheduled to be releasing its earnings data after the market closes on Monday, May 2nd. Analysts expect J & J Snack Foods to post earnings of $0.67 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

J & J Snack Foods (NASDAQ:JJSFGet Rating) last announced its earnings results on Monday, January 31st. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.16). J & J Snack Foods had a return on equity of 7.89% and a net margin of 5.31%. The business had revenue of $318.49 million for the quarter, compared to analyst estimates of $286.55 million. During the same period last year, the firm earned $0.09 EPS. On average, analysts expect J & J Snack Foods to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of JJSF opened at $157.81 on Monday. J & J Snack Foods has a 52-week low of $134.68 and a 52-week high of $181.71. The business’s fifty day simple moving average is $156.73. The firm has a market cap of $3.02 billion, a PE ratio of 46.55 and a beta of 0.57.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 12th. Shareholders of record on Tuesday, March 22nd were paid a dividend of $0.633 per share. The ex-dividend date of this dividend was Monday, March 21st. This represents a $2.53 annualized dividend and a yield of 1.60%. J & J Snack Foods’s dividend payout ratio (DPR) is presently 74.63%.

Several brokerages have issued reports on JJSF. StockNews.com began coverage on shares of J & J Snack Foods in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research upgraded J & J Snack Foods from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th. Finally, TheStreet lowered J & J Snack Foods from a “b-” rating to a “c+” rating in a report on Tuesday, March 29th.

In other news, COO Stephen Every sold 652 shares of J & J Snack Foods stock in a transaction on Wednesday, February 9th. The stock was sold at an average price of $153.76, for a total transaction of $100,251.52. The transaction was disclosed in a document filed with the SEC, which is available at this link. 20.00% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of JJSF. Royal Bank of Canada raised its holdings in J & J Snack Foods by 5.8% in the 3rd quarter. Royal Bank of Canada now owns 5,893 shares of the company’s stock valued at $901,000 after buying an additional 325 shares during the period. Janus Henderson Group PLC purchased a new stake in J & J Snack Foods in the 3rd quarter valued at about $234,000. Goldman Sachs Group Inc. raised its holdings in J & J Snack Foods by 15.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 82,873 shares of the company’s stock valued at $13,091,000 after buying an additional 10,838 shares during the period. LPL Financial LLC purchased a new stake in J & J Snack Foods in the 4th quarter valued at about $281,000. Finally, Citadel Advisors LLC raised its holdings in J & J Snack Foods by 14.1% in the 4th quarter. Citadel Advisors LLC now owns 18,077 shares of the company’s stock valued at $2,856,000 after buying an additional 2,231 shares during the period. Hedge funds and other institutional investors own 75.02% of the company’s stock.

About J & J Snack Foods (Get Rating)

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR.

Further Reading

Earnings History for J & J Snack Foods (NASDAQ:JJSF)

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