John B. Sanfilippo & Son, Inc. (JBSS) Given Average Rating of “Hold” by Brokerages

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) has received an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Zacks has also given John B. Sanfilippo & Son an industry rank of 167 out of 265 based on the ratings given to related companies.

Several equities research analysts recently issued reports on JBSS shares. BidaskClub raised shares of John B. Sanfilippo & Son from a “sell” rating to a “hold” rating in a report on Saturday, December 16th. Sidoti lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a report on Tuesday, October 31st.

In related news, Director Daniel M. Wright sold 884 shares of the stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $63.76, for a total value of $56,363.84. Following the completion of the sale, the director now directly owns 16,820 shares of the company’s stock, valued at approximately $1,072,443.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 22.09% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in John B. Sanfilippo & Son by 7.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,225 shares of the company’s stock worth $140,000 after acquiring an additional 155 shares in the last quarter. Acrospire Investment Management LLC grew its holdings in John B. Sanfilippo & Son by 20.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,380 shares of the company’s stock valued at $150,000 after buying an additional 400 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in John B. Sanfilippo & Son by 42.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,145 shares of the company’s stock valued at $198,000 after buying an additional 931 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in John B. Sanfilippo & Son by 24.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,433 shares of the company’s stock valued at $217,000 after buying an additional 679 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in John B. Sanfilippo & Son by 61.5% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 4,200 shares of the company’s stock valued at $265,000 after buying an additional 1,600 shares in the last quarter. 72.86% of the stock is owned by institutional investors.

John B. Sanfilippo & Son (JBSS) traded down $0.93 during trading on Friday, reaching $62.39. 108,219 shares of the company traded hands, compared to its average volume of 70,921. The stock has a market cap of $704.85, a price-to-earnings ratio of 19.56 and a beta of 0.98. John B. Sanfilippo & Son has a one year low of $55.10 and a one year high of $74.69. The company has a quick ratio of 0.65, a current ratio of 2.04 and a debt-to-equity ratio of 0.11.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Monday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.07. The company had revenue of $214.80 million during the quarter, compared to analyst estimates of $216.11 million. John B. Sanfilippo & Son had a net margin of 4.34% and a return on equity of 16.16%. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 EPS.

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John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Company offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.

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