J & J Snack Foods (NASDAQ:JJSF) to Buyback $50.00 million in Outstanding Stock

J & J Snack Foods (NASDAQ:JJSF) declared that its board has approved a stock buyback plan on Tuesday, February 3rd, RTT News reports. The company plans to repurchase $50.00 million in shares. This repurchase authorization allows the company to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

JJSF has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of J & J Snack Foods in a report on Monday, December 29th. Zacks Research cut J & J Snack Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Finally, Benchmark reissued a “buy” rating on shares of J & J Snack Foods in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, J & J Snack Foods presently has a consensus rating of “Hold” and a consensus price target of $132.50.

J & J Snack Foods Price Performance

NASDAQ:JJSF opened at $80.50 on Wednesday. J & J Snack Foods has a 12 month low of $80.00 and a 12 month high of $144.37. The firm has a market capitalization of $1.53 billion, a PE ratio of 24.03 and a beta of 0.34. The business’s fifty day moving average price is $92.80 and its 200 day moving average price is $98.01.

J & J Snack Foods (NASDAQ:JJSF) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.01. J & J Snack Foods had a return on equity of 8.73% and a net margin of 4.14%.The business had revenue of $343.78 million during the quarter, compared to analysts’ expectations of $365.95 million. During the same period in the prior year, the firm posted $0.33 EPS. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. As a group, equities analysts anticipate that J & J Snack Foods will post 4.75 EPS for the current year.

J & J Snack Foods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, December 16th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, December 16th. J & J Snack Foods’s dividend payout ratio is currently 95.52%.

More J & J Snack Foods News

Here are the key news stories impacting J & J Snack Foods this week:

• Positive Sentiment: Adjusted profitability and margin improvement — Adjusted EBITDA rose ~7% and gross margin expanded ~200 bps, which management attributes to Project Apollo cost actions and portfolio rationalization; this supports a constructive view on recurring profitability improvement. Q1 2026 Earnings Call Transcript
• Positive Sentiment: Share repurchases and fresh authorization — The company repurchased ~$42M of stock in the quarter and announced a new $50M repurchase authorization, signaling management confidence and supporting EPS per-share metrics. Press Release
• Neutral Sentiment: Small EPS beat but mixed optics — Reported EPS ($0.33) marginally beat the street (Zacks $0.32) while adjusted EPS held flat year-over-year; this is positive technically but muted given other weaknesses. Earnings Top Estimates
• Neutral Sentiment: Defensive stock framing — Several outlets continue to list JJSF as a low-beta/defensive consumer play, which may attract risk-averse investors amid macro weakness but isn’t enough to offset today’s headline misses. Defensive Stocks to Buy
• Negative Sentiment: Revenue shortfall and segment weakness — Net sales fell 5.2% YoY to $343.8M, missing consensus (~$366M); Food Service (especially bakery, down ~17%) drove the decline, raising concerns about demand and portfolio pruning impacts. Q1 Results
• Negative Sentiment: Large GAAP profit decline and one-offs — GAAP operating income and net earnings plunged (operating income down ~90%, EPS on GAAP basis fell sharply) due to non-recurring plant-closure and restructuring costs and a $1M product disposal charge; markets typically punish visible GAAP declines even when adjusted metrics improve. Earnings Call Transcript
• Negative Sentiment: Near-term uncertainty despite initiatives — Management highlighted Project Apollo savings (target $20M annually) and product launches (Dippin’ Dots retail, better-for-you pretzels/frozen novelties), but investors may be focused on whether those will offset softer foodservice demand and tariff/operational headwinds. Earnings Call Transcript

Insider Buying and Selling at J & J Snack Foods

In related news, Director Kathleen E. Ciaramello acquired 540 shares of J & J Snack Foods stock in a transaction dated Thursday, November 20th. The stock was acquired at an average price of $90.56 per share, for a total transaction of $48,902.40. Following the transaction, the director owned 1,013 shares of the company’s stock, valued at $91,737.28. This represents a 114.16% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 20.40% of the company’s stock.

J & J Snack Foods Company Profile

J & J Snack Foods (NASDAQ: JJSF) is a U.S.-based manufacturer and distributor of branded snack foods and frozen beverages. Headquartered in Pennsauken, New Jersey, the company develops, produces and markets a broad array of proprietary and licensed products for retail, concession and foodservice customers. Its offerings span soft pretzels, frozen novelties, real Italian ice, churros and packaged beverages under well-known names such as ICEE, SuperPretzel, Luigi’s and ChurroMan.

Founded in 1971 by Gerald B.