J & J Snack Foods (NASDAQ:JJSF) Authorizes Share Repurchase Program

J & J Snack Foods (NASDAQ:JJSF) announced that its Board of Directors has authorized a share buyback plan on Tuesday, February 3rd, RTT News reports. The company plans to buyback $50.00 million in shares. This buyback authorization permits the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded J & J Snack Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Benchmark reissued a “buy” rating on shares of J & J Snack Foods in a research report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J & J Snack Foods in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $132.50.

J & J Snack Foods Stock Performance

JJSF stock traded down $14.70 during trading on Tuesday, reaching $80.50. The company had a trading volume of 667,876 shares, compared to its average volume of 212,249. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 24.03 and a beta of 0.34. The firm has a 50-day simple moving average of $92.80 and a 200-day simple moving average of $98.01. J & J Snack Foods has a twelve month low of $80.00 and a twelve month high of $144.37.

J & J Snack Foods (NASDAQ:JJSF) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The business had revenue of $343.78 million for the quarter, compared to the consensus estimate of $365.95 million. J & J Snack Foods had a return on equity of 8.73% and a net margin of 4.14%.The company’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 EPS. Sell-side analysts expect that J & J Snack Foods will post 4.75 earnings per share for the current year.

J & J Snack Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 16th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, December 16th. J & J Snack Foods’s payout ratio is 95.52%.

Key Headlines Impacting J & J Snack Foods

Here are the key news stories impacting J & J Snack Foods this week:

• Positive Sentiment: Adjusted profitability and margin improvement — Adjusted EBITDA rose ~7% and gross margin expanded ~200 bps, which management attributes to Project Apollo cost actions and portfolio rationalization; this supports a constructive view on recurring profitability improvement. Q1 2026 Earnings Call Transcript
• Positive Sentiment: Share repurchases and fresh authorization — The company repurchased ~$42M of stock in the quarter and announced a new $50M repurchase authorization, signaling management confidence and supporting EPS per-share metrics. Press Release
• Neutral Sentiment: Small EPS beat but mixed optics — Reported EPS ($0.33) marginally beat the street (Zacks $0.32) while adjusted EPS held flat year-over-year; this is positive technically but muted given other weaknesses. Earnings Top Estimates
• Neutral Sentiment: Defensive stock framing — Several outlets continue to list JJSF as a low-beta/defensive consumer play, which may attract risk-averse investors amid macro weakness but isn’t enough to offset today’s headline misses. Defensive Stocks to Buy
• Negative Sentiment: Revenue shortfall and segment weakness — Net sales fell 5.2% YoY to $343.8M, missing consensus (~$366M); Food Service (especially bakery, down ~17%) drove the decline, raising concerns about demand and portfolio pruning impacts. Q1 Results
• Negative Sentiment: Large GAAP profit decline and one-offs — GAAP operating income and net earnings plunged (operating income down ~90%, EPS on GAAP basis fell sharply) due to non-recurring plant-closure and restructuring costs and a $1M product disposal charge; markets typically punish visible GAAP declines even when adjusted metrics improve. Earnings Call Transcript
• Negative Sentiment: Near-term uncertainty despite initiatives — Management highlighted Project Apollo savings (target $20M annually) and product launches (Dippin’ Dots retail, better-for-you pretzels/frozen novelties), but investors may be focused on whether those will offset softer foodservice demand and tariff/operational headwinds. Earnings Call Transcript

Insider Activity at J & J Snack Foods

In related news, Director Kathleen E. Ciaramello bought 540 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were purchased at an average cost of $90.56 per share, with a total value of $48,902.40. Following the completion of the acquisition, the director directly owned 1,013 shares in the company, valued at approximately $91,737.28. The trade was a 114.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 20.40% of the stock is owned by insiders.

J & J Snack Foods Company Profile

J & J Snack Foods (NASDAQ: JJSF) is a U.S.-based manufacturer and distributor of branded snack foods and frozen beverages. Headquartered in Pennsauken, New Jersey, the company develops, produces and markets a broad array of proprietary and licensed products for retail, concession and foodservice customers. Its offerings span soft pretzels, frozen novelties, real Italian ice, churros and packaged beverages under well-known names such as ICEE, SuperPretzel, Luigi’s and ChurroMan.

Founded in 1971 by Gerald B.