J&J Snack Foods (NASDAQ:JJSF) Stock Rating Upgraded by TheStreet

J&J Snack Foods (NASDAQ:JJSFGet Rating) was upgraded by research analysts at TheStreet from a “c+” rating to a “b” rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.

Several other equities research analysts have also recently weighed in on the company. CL King upped their target price on J&J Snack Foods from $165.00 to $180.00 in a research note on Wednesday, November 16th. StockNews.com upgraded shares of J&J Snack Foods from a “sell” rating to a “hold” rating in a report on Wednesday, November 16th.

J&J Snack Foods Stock Down 0.6 %

NASDAQ JJSF opened at $160.41 on Tuesday. The business has a fifty day moving average price of $141.55 and a two-hundred day moving average price of $138.63. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.45 and a quick ratio of 1.45. J&J Snack Foods has a fifty-two week low of $117.45 and a fifty-two week high of $165.78. The stock has a market capitalization of $3.08 billion, a PE ratio of 65.21 and a beta of 0.49.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JJSF. Bessemer Group Inc. increased its holdings in J&J Snack Foods by 578.6% in the third quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock valued at $25,000 after purchasing an additional 162 shares during the period. First Horizon Advisors Inc. acquired a new stake in J&J Snack Foods in the second quarter valued at $26,000. Eagle Bay Advisors LLC increased its holdings in J&J Snack Foods by 144.2% in the second quarter. Eagle Bay Advisors LLC now owns 188 shares of the company’s stock valued at $26,000 after purchasing an additional 111 shares during the period. Quadrant Capital Group LLC increased its holdings in J&J Snack Foods by 603.4% in the third quarter. Quadrant Capital Group LLC now owns 415 shares of the company’s stock valued at $54,000 after purchasing an additional 356 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in J&J Snack Foods by 15.1% in the third quarter. Harbor Investment Advisory LLC now owns 610 shares of the company’s stock valued at $79,000 after purchasing an additional 80 shares during the period. 79.89% of the stock is currently owned by institutional investors and hedge funds.

J&J Snack Foods Company Profile

(Get Rating)

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR.

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