Headlines about J & J Snack Foods (NASDAQ:JJSF) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. J & J Snack Foods earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0080982736718 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of J & J Snack Foods (NASDAQ JJSF) traded down $0.09 during midday trading on Friday, reaching $146.50. 69,077 shares of the company were exchanged, compared to its average volume of 64,971. The company has a market cap of $2,736.43, a price-to-earnings ratio of 34.88 and a beta of 0.81. J & J Snack Foods has a 1-year low of $121.20 and a 1-year high of $157.33.
J & J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings data 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 business had revenue of $316.73 million during the quarter, compared to analyst estimates of $287.91 million. J & J Snack Foods had a net margin of 7.30% and a return on equity of 11.91%. The firm’s quarterly revenue was up 20.8% on a year-over-year basis. During the same quarter last year, the business earned $1.10 EPS. analysts predict that J & J Snack Foods will post 4.45 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Shareholders of record on Wednesday, December 13th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, December 12th. This is an increase from J & J Snack Foods’s previous quarterly dividend of $0.42. J & J Snack Foods’s dividend payout ratio is currently 42.86%.
JJSF has been the subject of a number of research reports. Zacks Investment Research cut shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a report on Saturday, November 18th. CL King started coverage on shares of J & J Snack Foods in a report on Tuesday, December 19th. They issued a “buy” rating for the company. Jefferies Group set a $125.00 price objective on shares of J & J Snack Foods and gave the company a “hold” rating in a report on Sunday, October 29th. Finally, BidaskClub lowered shares of J & J Snack Foods from a “buy” rating to a “hold” rating in a report on Wednesday.
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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