Shares of J & J Snack Foods Corp (NASDAQ:JJSF) have earned an average broker rating score of 2.00 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. J & J Snack Foods’ rating score has declined by 100% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Brokerages have set a 1 year consensus target price of $157.50 for the company and are predicting that the company will post $1.01 EPS for the current quarter, according to Zacks. Zacks has also given J & J Snack Foods an industry rank of 124 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently issued reports on the company. CL King assumed coverage on J & J Snack Foods in a research report on Tuesday, December 19th. They set a “buy” rating on the stock. BidaskClub downgraded J & J Snack Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Zacks Investment Research raised J & J Snack Foods from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, Jefferies Group set a $130.00 price target on J & J Snack Foods and gave the stock a “hold” rating in a research report on Thursday, November 16th.

Shares of J & J Snack Foods (NASDAQ JJSF) opened at $134.74 on Monday. The stock has a market capitalization of $2,538.59, a P/E ratio of 31.90 and a beta of 0.65. J & J Snack Foods has a 12-month low of $121.20 and a 12-month high of $157.33.

J & J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings results on Monday, January 29th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.02). The company had revenue of $265.20 million for the quarter, compared to analyst estimates of $253.95 million. J & J Snack Foods had a return on equity of 11.79% and a net margin of 9.07%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 EPS. equities research analysts anticipate that J & J Snack Foods will post 4.93 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. 1st Global Advisors Inc. boosted its holdings in shares of J & J Snack Foods by 1.3% in the 2nd quarter. 1st Global Advisors Inc. now owns 3,003 shares of the company’s stock valued at $397,000 after purchasing an additional 39 shares in the last quarter. Amalgamated Bank boosted its holdings in shares of J & J Snack Foods by 4.9% in the 2nd quarter. Amalgamated Bank now owns 2,082 shares of the company’s stock valued at $275,000 after purchasing an additional 98 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of J & J Snack Foods by 1.9% in the 2nd quarter. California Public Employees Retirement System now owns 21,100 shares of the company’s stock valued at $2,787,000 after purchasing an additional 400 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of J & J Snack Foods by 1.6% in the 3rd quarter. Legal & General Group Plc now owns 29,342 shares of the company’s stock valued at $3,852,000 after purchasing an additional 450 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of J & J Snack Foods by 2.6% in the 3rd quarter. Bessemer Group Inc. now owns 18,254 shares of the company’s stock valued at $2,396,000 after purchasing an additional 456 shares in the last quarter. 68.61% of the stock is currently owned by institutional investors and hedge funds.

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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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