William Blair Predicts Weaker Earnings for J & J Snack Foods

J & J Snack Foods Corp. (NASDAQ:JJSF) – Stock analysts at William Blair cut their FY2025 earnings per share (EPS) estimates for shares of J & J Snack Foods in a research report issued to clients and investors on Tuesday, August 5th. William Blair analyst J. Andersen now forecasts that the company will post earnings per share of $3.92 for the year, down from their prior estimate of $4.02. The consensus estimate for J & J Snack Foods’ current full-year earnings is $4.75 per share. William Blair also issued estimates for J & J Snack Foods’ FY2026 earnings at $4.38 EPS.

J & J Snack Foods (NASDAQ:JJSF) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.74 by $0.26. The business had revenue of $454.30 million during the quarter, compared to analysts’ expectations of $445.98 million. J & J Snack Foods had a return on equity of 8.79% and a net margin of 5.24%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.98 EPS.

A number of other research analysts have also weighed in on JJSF. Benchmark cut their target price on shares of J & J Snack Foods from $165.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, May 7th. Wall Street Zen cut J & J Snack Foods from a “hold” rating to a “sell” rating in a research report on Sunday, June 29th.

J & J Snack Foods Trading Down 3.1%

JJSF stock opened at $107.91 on Thursday. The firm has a market cap of $2.10 billion, a PE ratio of 25.15 and a beta of 0.45. J & J Snack Foods has a 1 year low of $106.43 and a 1 year high of $180.80. The company has a fifty day simple moving average of $115.37 and a 200 day simple moving average of $124.07.

J & J Snack Foods Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Investors of record on Tuesday, June 17th were given a dividend of $0.78 per share. The ex-dividend date was Tuesday, June 17th. This represents a $3.12 dividend on an annualized basis and a yield of 2.9%. J & J Snack Foods’s dividend payout ratio is 72.73%.

Institutional Trading of J & J Snack Foods

Hedge funds and other institutional investors have recently made changes to their positions in the business. Westwood Holdings Group Inc. raised its position in J & J Snack Foods by 21.1% in the 1st quarter. Westwood Holdings Group Inc. now owns 610,477 shares of the company’s stock worth $80,412,000 after purchasing an additional 106,459 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of J & J Snack Foods by 3.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,688,261 shares of the company’s stock worth $200,143,000 after acquiring an additional 58,917 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of J & J Snack Foods by 29.8% during the second quarter. Bank of New York Mellon Corp now owns 210,926 shares of the company’s stock valued at $23,921,000 after acquiring an additional 48,466 shares during the period. GAMMA Investing LLC boosted its holdings in J & J Snack Foods by 7,763.8% in the first quarter. GAMMA Investing LLC now owns 47,419 shares of the company’s stock valued at $6,246,000 after acquiring an additional 46,816 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in J & J Snack Foods in the first quarter worth about $5,384,000. 76.04% of the stock is currently owned by institutional investors and hedge funds.

About J & J Snack Foods

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.