Key Points
- Kathleen Ciaramello, a J & J Snack Foods director, bought 540 shares at an average of $90.56 (≈$48,902), increasing her stake to 1,013 shares — a 114.16% rise — as disclosed in an SEC filing.
- J & J Snack Foods reported EPS of $1.58, beating estimates by $0.34, while revenue of $410.24 million missed expectations and declined 3.9% year‑over‑year.
- The company declared a quarterly dividend of $0.80 per share (annualized $3.20, ~3.5% yield, DPR ~95.5%); the stock traded around $90.81, with a $1.77B market cap and a MarketBeat consensus rating of "Hold" (average target $132.50).
J & J Snack Foods Corp. (NASDAQ:JJSF - Get Free Report) Director Kathleen Ciaramello purchased 540 shares of the stock in a transaction on Thursday, November 20th. The stock was acquired at an average cost of $90.56 per share, for a total transaction of $48,902.40. Following the acquisition, the director owned 1,013 shares in the company, valued at approximately $91,737.28. This represents a 114.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through this link.
J & J Snack Foods Stock Down 0.4%
Shares of JJSF stock traded down $0.38 during trading on Friday, hitting $90.81. The company had a trading volume of 322,013 shares, compared to its average volume of 171,296. The stock's 50-day moving average is $92.03 and its two-hundred day moving average is $106.40. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 21.17 and a beta of 0.39. J & J Snack Foods Corp. has a 52 week low of $80.67 and a 52 week high of $176.77.
J & J Snack Foods (NASDAQ:JJSF - Get Free Report) last released its quarterly earnings results on Monday, November 17th. The company reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.34. The business had revenue of $410.24 million during the quarter, compared to analysts' expectations of $424.08 million. J & J Snack Foods had a net margin of 5.24% and a return on equity of 8.79%. The business's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.60 EPS. On average, research analysts predict that J & J Snack Foods Corp. will post 4.75 EPS for the current fiscal year.
J & J Snack Foods Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.80 per share. The ex-dividend date is Tuesday, December 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.5%. J & J Snack Foods's dividend payout ratio (DPR) is presently 95.52%.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on JJSF. Weiss Ratings reiterated a "hold (c-)" rating on shares of J & J Snack Foods in a report on Wednesday. Benchmark dropped their target price on J & J Snack Foods from $150.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday. Wall Street Zen upgraded shares of J & J Snack Foods from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Zacks Research raised shares of J & J Snack Foods from a "strong sell" rating to a "hold" rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, J & J Snack Foods presently has a consensus rating of "Hold" and an average target price of $132.50.
View Our Latest Stock Report on J & J Snack Foods
Hedge Funds Weigh In On J & J Snack Foods
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Westwood Holdings Group Inc. lifted its position in J & J Snack Foods by 21.1% in the first quarter. Westwood Holdings Group Inc. now owns 610,477 shares of the company's stock valued at $80,412,000 after purchasing an additional 106,459 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of J & J Snack Foods by 962.0% in the third quarter. Two Sigma Investments LP now owns 107,202 shares of the company's stock worth $10,301,000 after buying an additional 97,108 shares during the period. Qube Research & Technologies Ltd bought a new stake in J & J Snack Foods during the 3rd quarter valued at $7,045,000. Ranger Investment Management L.P. boosted its position in J & J Snack Foods by 52.4% during the 2nd quarter. Ranger Investment Management L.P. now owns 200,540 shares of the company's stock valued at $22,743,000 after buying an additional 68,916 shares during the period. Finally, First Trust Advisors LP grew its holdings in J & J Snack Foods by 19.9% in the 3rd quarter. First Trust Advisors LP now owns 404,461 shares of the company's stock worth $38,865,000 after acquiring an additional 67,028 shares during the last quarter. 76.04% of the stock is currently owned by institutional investors.
J & J Snack Foods Company Profile
(
Get Free Report)
J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.
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