Equities research analysts expect J & J Snack Foods Corp (NASDAQ:JJSF) to announce earnings per share (EPS) of $1.02 for the current quarter, Zacks reports. Two analysts have made estimates for J & J Snack Foods’ earnings, with the lowest EPS estimate coming in at $1.00 and the highest estimate coming in at $1.04. J & J Snack Foods posted earnings per share of $0.85 during the same quarter last year, which suggests a positive year over year growth rate of 20%. The business is scheduled to announce its next earnings results on Monday, April 29th.

On average, analysts expect that J & J Snack Foods will report full-year earnings of $4.88 per share for the current fiscal year, with EPS estimates ranging from $4.85 to $4.90. For the next year, analysts anticipate that the business will post earnings of $5.25 per share, with EPS estimates ranging from $5.20 to $5.30. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow J & J Snack Foods.

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

A number of brokerages have recently issued reports on JJSF. Zacks Investment Research cut shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a report on Wednesday, February 13th. BidaskClub raised shares of J & J Snack Foods from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 21st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $145.00 target price on shares of J & J Snack Foods in a report on Thursday, January 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $145.00.

Shares of JJSF stock opened at $151.64 on Tuesday. The stock has a market capitalization of $2.85 billion, a PE ratio of 37.35, a PEG ratio of 3.11 and a beta of 0.49. J & J Snack Foods has a 52-week low of $125.98 and a 52-week high of $162.84.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 4th. Stockholders of record on Thursday, March 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.32%. J & J Snack Foods’s payout ratio is 49.26%.

Several hedge funds have recently modified their holdings of JJSF. Norges Bank bought a new stake in shares of J & J Snack Foods in the 4th quarter valued at about $26,425,000. Wells Fargo & Company MN raised its holdings in shares of J & J Snack Foods by 376.9% in the 3rd quarter. Wells Fargo & Company MN now owns 196,700 shares of the company’s stock valued at $29,680,000 after purchasing an additional 155,455 shares during the period. BlackRock Inc. raised its holdings in shares of J & J Snack Foods by 4.8% in the 3rd quarter. BlackRock Inc. now owns 2,145,681 shares of the company’s stock valued at $323,763,000 after purchasing an additional 98,947 shares during the period. Ranger Investment Management L.P. raised its holdings in shares of J & J Snack Foods by 64.0% in the 4th quarter. Ranger Investment Management L.P. now owns 205,553 shares of the company’s stock valued at $29,721,000 after purchasing an additional 80,242 shares during the period. Finally, Macquarie Group Ltd. raised its holdings in shares of J & J Snack Foods by 11.0% in the 3rd quarter. Macquarie Group Ltd. now owns 757,131 shares of the company’s stock valued at $114,243,000 after purchasing an additional 74,754 shares during the period. 71.79% of the stock is currently owned by 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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