Analysts expect J & J Snack Foods Corp (NASDAQ:JJSF) to report earnings per share of $1.01 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for J & J Snack Foods’ earnings. The highest EPS estimate is $1.04 and the lowest is $0.98. J & J Snack Foods reported earnings of $0.85 per share in the same quarter last year, which would indicate a positive year over year growth rate of 18.8%. The business is expected to announce its next earnings results on Monday, April 23rd.
According to Zacks, analysts expect that J & J Snack Foods will report full year earnings of $4.94 per share for the current financial year, with EPS estimates ranging from $4.90 to $4.97. For the next financial year, analysts forecast that the firm will report earnings of $5.31 per share, with EPS estimates ranging from $5.22 to $5.40. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for J & J Snack Foods.
J & J Snack Foods (NASDAQ:JJSF) last posted its quarterly earnings data on Monday, January 29th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 9.07% and a return on equity of 11.79%. The firm’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.72 EPS.
Shares of J & J Snack Foods (JJSF) traded up $1.31 during trading hours on Tuesday, reaching $136.69. The company’s stock had a trading volume of 210,142 shares, compared to its average volume of 62,847. J & J Snack Foods has a 12-month low of $121.20 and a 12-month high of $157.33. The firm has a market cap of $2,553.10, a price-to-earnings ratio of 32.09 and a beta of 0.66.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Thursday, March 15th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Wednesday, March 14th. J & J Snack Foods’s payout ratio is 33.21%.
In other J & J Snack Foods news, insider Robert M. Radano sold 5,250 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $139.34, for a total value of $731,535.00. Following the sale, the insider now directly owns 99,872 shares of the company’s stock, valued at approximately $13,916,164.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 21.00% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the business. Shelton Capital Management purchased a new position in shares of J & J Snack Foods in the 4th quarter worth about $204,000. CIBC Asset Management Inc purchased a new position in shares of J & J Snack Foods in the 4th quarter worth about $207,000. Bruderman Asset Management LLC purchased a new position in shares of J & J Snack Foods in the 4th quarter worth about $216,000. Teton Advisors Inc. purchased a new position in shares of J & J Snack Foods in the 4th quarter worth about $228,000. Finally, Two Sigma Advisers LP purchased a new position in shares of J & J Snack Foods in the 4th quarter worth about $235,000. 68.93% of the stock is currently owned by hedge funds and other institutional investors.
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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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