John B. Sanfilippo & Son, Inc. (JBSS) – What Are Brokerages Saying About This Stock?

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) have been given an average recommendation of “Moderate Buy” by the five research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $100.00.

A number of research firms recently issued reports on JBSS. Weiss Ratings reiterated a “hold (c)” rating on shares of John B. Sanfilippo & Son in a report on Tuesday, September 8th. Freedom Capital upgraded John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Zacks Research downgraded John B. Sanfilippo & Son from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. Wall Street Zen downgraded John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, BWS Financial reaffirmed a “buy” rating and set a $109.00 price target on shares of John B. Sanfilippo & Son in a research note on Wednesday, September 30th.

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ JBSS opened at $66.51 on Wednesday. The firm has a market cap of $777.50 million, a PE ratio of 12.64 and a beta of 0.32. The company has a current ratio of 2.08, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11. John B. Sanfilippo & Son has a 1-year low of $59.07 and a 1-year high of $92.08. The company has a fifty day moving average price of $73.15 and a 200 day moving average price of $77.93.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, August 19th. The company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.46). The firm had revenue of $280.43 million for the quarter, compared to the consensus estimate of $274.87 million. John B. Sanfilippo & Son had a return on equity of 16.51% and a net margin of 5.27%. Research analysts predict that John B. Sanfilippo & Son will post 5.56 earnings per share for the current fiscal year.

Institutional Trading of John B. Sanfilippo & Son

A number of institutional investors have recently made changes to their positions in JBSS. Engineers Gate Manager LP bought a new stake in John B. Sanfilippo & Son during the 2nd quarter worth about $254,000. Integrated Wealth Concepts LLC acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $52,000. Arizona State Retirement System acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $210,000. Corient Private Wealth LP acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $1,088,000. Finally, Headlands Technologies LLC bought a new position in shares of John B. Sanfilippo & Son in the 2nd quarter valued at about $916,000. Institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a food company that processes, packages, markets and distributes tree nuts, peanuts and related snack products. Its offerings include roasted and salted nuts, trail mixes, nut-based snacks, baking ingredients and other packaged foods sold through retail, food-service and industrial channels.

The company markets products under brands including Fisher, Orchard Valley Harvest, Sunshine Country and Squirrel Brand, while also producing private-label products for retailers and food manufacturers.