Equities analysts expect J & J Snack Foods Corp (NASDAQ:JJSF) to report earnings of $1.01 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for J & J Snack Foods’ earnings, with the highest EPS estimate coming in at $1.02 and the lowest estimate coming in at $1.00. J & J Snack Foods reported earnings of $0.85 per share in the same quarter last year, which would indicate a positive year over year growth rate of 18.8%. The company is expected to report its next earnings results on Monday, April 29th.

According to Zacks, analysts expect that J & J Snack Foods will report full-year earnings of $4.89 per share for the current financial year, with EPS estimates ranging from $4.88 to $4.90. For the next year, analysts forecast that the company will report earnings of $5.26 per share, with EPS estimates ranging from $5.21 to $5.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover J & J Snack Foods.

J & J Snack Foods (NASDAQ:JJSF) last announced its quarterly earnings results on Monday, January 28th. The company reported $0.88 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.88. The business had revenue of $271.60 million during the quarter, compared to analyst estimates of $271.75 million. J & J Snack Foods had a net margin of 7.41% and a return on equity of 10.95%. J & J Snack Foods’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 EPS.

A number of analysts have commented on the stock. Jefferies Financial Group restated a “hold” rating and set a $145.00 price target on shares of J & J Snack Foods in a research note on Thursday. Zacks Investment Research upgraded shares of J & J Snack Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, January 15th. Finally, BidaskClub lowered shares of J & J Snack Foods from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 16th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. J & J Snack Foods has a consensus rating of “Hold” and a consensus price target of $150.50.

Shares of JJSF stock opened at $154.35 on Friday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 3.08 and a beta of 0.49. J & J Snack Foods has a 12 month low of $125.98 and a 12 month high of $162.84.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 4th. Shareholders of record on Tuesday, December 18th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Monday, December 17th. This is a positive change from J & J Snack Foods’s previous quarterly dividend of $0.45. J & J Snack Foods’s payout ratio is 49.26%.

In other J & J Snack Foods news, insider Gerald B. Shreiber sold 2,435 shares of J & J Snack Foods stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $156.29, for a total transaction of $380,566.15. Following the transaction, the insider now directly owns 3,563,985 shares of the company’s stock, valued at approximately $557,015,215.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert Joseph Pape sold 2,100 shares of J & J Snack Foods stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $153.68, for a total transaction of $322,728.00. Following the transaction, the insider now directly owns 12,281 shares in the company, valued at $1,887,344.08. The disclosure for this sale can be found here. 21.00% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of JJSF. Tower Research Capital LLC TRC purchased a new position in J & J Snack Foods during the 2nd quarter worth $340,000. Millennium Management LLC purchased a new position in shares of J & J Snack Foods in the 2nd quarter worth about $710,000. Bank of New York Mellon Corp boosted its holdings in shares of J & J Snack Foods by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 223,220 shares of the company’s stock worth $34,035,000 after buying an additional 1,582 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of J & J Snack Foods by 1.7% in the 2nd quarter. Northern Trust Corp now owns 224,346 shares of the company’s stock worth $34,206,000 after buying an additional 3,688 shares during the last quarter. Finally, Manning & Napier Group LLC boosted its holdings in shares of J & J Snack Foods by 4.5% in the 3rd quarter. Manning & Napier Group LLC now owns 10,527 shares of the company’s stock worth $1,588,000 after buying an additional 450 shares during the last quarter. 70.72% of the stock is currently owned by hedge funds and other institutional investors.

J & J Snack Foods Company Profile

J & J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages 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.

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

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