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

J&J Snack Foods (NASDAQ:JJSF) will release its earnings data before the market opens on Wednesday, November 13th. Analysts expect J&J Snack Foods to post earnings of $1.88 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

J&J Snack Foods (NASDAQ:JJSF) last announced its earnings results on Monday, August 5th. The company reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.01). The business had revenue of $439.96 million for the quarter, compared to analysts’ expectations of $440.92 million. J&J Snack Foods had a net margin of 5.49% and a return on equity of 10.70%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 earnings per share. On average, analysts expect J&J Snack Foods to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

J&J Snack Foods Stock Up 1.9 %

Shares of NASDAQ JJSF opened at $169.43 on Wednesday. The firm’s 50-day moving average price is $167.70 and its 200-day moving average price is $164.07. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 37.65 and a beta of 0.63. J&J Snack Foods has a 12-month low of $133.23 and a 12-month high of $176.38.

Wall Street Analysts Forecast Growth

Separately, Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of J&J Snack Foods in a research report on Tuesday, October 29th.

Insider Buying and Selling

In related news, Director Gerald B. Shreiber sold 20,000 shares of the stock in a transaction dated Saturday, August 31st. The shares were sold at an average price of $167.95, for a total value of $3,359,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other J&J Snack Foods news, VP Mary Lou Kehoe sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $169.59, for a total value of $254,385.00. Following the transaction, the vice president now directly owns 742 shares in the company, valued at $125,835.78. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gerald B. Shreiber sold 20,000 shares of the company’s stock in a transaction dated Saturday, August 31st. The stock was sold at an average price of $167.95, for a total transaction of $3,359,000.00. The disclosure for this sale can be found here. 22.20% of the stock is currently owned by corporate insiders.

J&J Snack Foods Company Profile

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 through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.