Press coverage about J & J Snack Foods (NASDAQ:JJSF) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 impact score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.4428859086255 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of J & J Snack Foods (NASDAQ JJSF) traded down $0.09 during mid-day trading on Friday, reaching $146.50. The company had a trading volume of 69,077 shares, compared to its average volume of 64,971. J & J Snack Foods has a 52-week low of $121.20 and a 52-week high of $157.33. The firm has a market capitalization of $2,736.43, a PE ratio of 34.88 and a beta of 0.81.
J & J Snack Foods (NASDAQ:JJSF) last announced its quarterly earnings data on Thursday, November 9th. The company reported $1.29 EPS for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.04. The business had revenue of $316.73 million during the quarter, compared to the consensus estimate of $287.91 million. J & J Snack Foods had a return on equity of 11.91% and a net margin of 7.30%. The business’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. research analysts forecast that J & J Snack Foods will post 4.45 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Shareholders of record on Wednesday, December 13th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, December 12th. This is an increase from J & J Snack Foods’s previous quarterly dividend of $0.42. J & J Snack Foods’s payout ratio is 42.86%.
JJSF has been the topic of a number of research reports. Zacks Investment Research upgraded J & J Snack Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Jefferies Group set a $125.00 target price on J & J Snack Foods and gave the company a “hold” rating in a research note on Sunday, October 29th. CL King assumed coverage on J & J Snack Foods in a research note on Tuesday, December 19th. They issued a “buy” rating on the stock. Finally, BidaskClub downgraded J & J Snack Foods from a “buy” rating to a “hold” rating in a research note on Wednesday.
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About J & J Snack Foods
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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