Equities research analysts expect J & J Snack Foods Corp. (NASDAQ:JJSF) to post earnings per share of $0.78 for the current quarter, according to Zacks. Two analysts have made estimates for J & J Snack Foods’ earnings, with the lowest EPS estimate coming in at $0.76 and the highest estimate coming in at $0.79. J & J Snack Foods reported earnings per share of $0.72 in the same quarter last year, which indicates a positive year over year growth rate of 8.3%. The company is expected to issue its next quarterly earnings results on Monday, January 22nd.

On average, analysts expect that J & J Snack Foods will report full year earnings of $4.45 per share for the current fiscal year, with EPS estimates ranging from $4.40 to $4.50. For the next financial year, analysts anticipate that the business will report earnings of $4.69 per share, with EPS estimates ranging from $4.62 to $4.76. Zacks’ EPS averages are an average based on a survey of research analysts that cover J & J Snack Foods.

J & J Snack Foods (NASDAQ:JJSF) last posted its earnings results on Thursday, November 9th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.04. The company had revenue of $316.73 million for the quarter, compared to analysts’ expectations of $287.91 million. J & J Snack Foods had a return on equity of 11.91% and a net margin of 7.30%. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same period last year, the business posted $1.10 earnings per share.

A number of research firms have issued reports on JJSF. Jefferies Group set a $130.00 target price on J & J Snack Foods and gave the company a “hold” rating in a research note on Thursday, November 16th. Zacks Investment Research upgraded J & J Snack Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Voya Investment Management LLC raised its stake in shares of J & J Snack Foods by 6.7% during the second quarter. Voya Investment Management LLC now owns 7,640 shares of the company’s stock valued at $1,009,000 after purchasing an additional 479 shares in the last quarter. Aberdeen Asset Management PLC UK raised its stake in shares of J & J Snack Foods by 21.3% during the second quarter. Aberdeen Asset Management PLC UK now owns 274,425 shares of the company’s stock valued at $36,244,000 after purchasing an additional 48,273 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of J & J Snack Foods by 1.5% during the second quarter. Vanguard Group Inc. now owns 1,526,892 shares of the company’s stock valued at $201,656,000 after purchasing an additional 22,527 shares in the last quarter. Legato Capital Management LLC raised its stake in shares of J & J Snack Foods by 73.0% during the third quarter. Legato Capital Management LLC now owns 5,711 shares of the company’s stock valued at $750,000 after purchasing an additional 2,409 shares in the last quarter. Finally, Virginia Retirement Systems ET AL raised its stake in shares of J & J Snack Foods by 59.3% during the second quarter. Virginia Retirement Systems ET AL now owns 12,900 shares of the company’s stock valued at $1,704,000 after purchasing an additional 4,800 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

J & J Snack Foods (JJSF) traded up $1.19 during mid-day trading on Friday, reaching $150.58. The company’s stock had a trading volume of 47,722 shares, compared to its average volume of 63,077. The company has a market capitalization of $2,822.56, a PE ratio of 36.01 and a beta of 0.81. J & J Snack Foods has a 12 month low of $121.20 and a 12 month high of $154.02.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.45 per share. This is a boost from J & J Snack Foods’s previous quarterly dividend of $0.42. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, December 12th. J & J Snack Foods’s payout ratio is currently 40.00%.

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J & J Snack Foods Company Profile

J & J Snack Foods Corp. is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks.

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

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