News stories about J & J Snack Foods (NASDAQ:JJSF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. J & J Snack Foods earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.8017335618135 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Insider Selling: J & J Snack Foods Corp (JJSF) Insider Sells 5,250 Shares of Stock (americanbankingnews.com)
- Zacks: Brokerages Set $157.50 Target Price for J & J Snack Foods Corp (JJSF) (americanbankingnews.com)
- J & J Snack Foods Corp Announces Quarterly Dividend of $0.45 (JJSF) (americanbankingnews.com)
- J & J Snack Foods Corp. Announces Quarterly Cash Dividend (finance.yahoo.com)
JJSF has been the subject of several recent research reports. Zacks Investment Research raised J & J Snack Foods from a “hold” rating to a “buy” rating and set a $156.00 price objective for the company in a research report on Saturday, February 3rd. CL King assumed coverage on J & J Snack Foods in a research report on Tuesday, December 19th. They set a “buy” rating for the company. BidaskClub upgraded J & J Snack Foods from a “sell” rating to a “hold” rating in a report on Friday, February 9th. Finally, Jefferies Group set a $130.00 price target on J & J Snack Foods and gave the company a “hold” rating in a report on Thursday, November 16th.
J & J Snack Foods (NASDAQ JJSF) opened at $139.10 on Monday. J & J Snack Foods has a twelve month low of $121.20 and a twelve month high of $157.33. The firm has a market capitalization of $2,598.11, a price-to-earnings ratio of 25.66 and a beta of 0.65.
J & J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings results on Monday, January 29th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.02). J & J Snack Foods had a net margin of 9.07% and a return on equity of 11.79%. The company had revenue of $265.20 million for the quarter, compared to the consensus estimate of $253.95 million. During the same quarter in the previous year, the business earned $0.72 earnings per share. J & J Snack Foods’s revenue was up 17.6% compared to the same quarter last year. equities analysts forecast that J & J Snack Foods will post 4.93 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $1.80 annualized dividend and a dividend yield of 1.29%. J & J Snack Foods’s payout ratio is presently 33.21%.
In other news, insider Robert M. Radano sold 5,250 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $139.34, for a total transaction of $731,535.00. Following the completion of the transaction, the insider now directly owns 99,872 shares in the company, valued at $13,916,164.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 21.00% of the stock is owned by company insiders.
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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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