J&J Snack Foods (JJSF) Scheduled to Post Earnings on Wednesday

J&J Snack Foods (NASDAQ:JJSF) is set to announce its earnings results before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of $1.88 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

J&J Snack Foods (NASDAQ:JJSF) last posted its earnings results on Monday, August 5th. The company reported $1.98 EPS for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.01). J&J Snack Foods had a net margin of 5.49% and a return on equity of 10.70%. The firm had revenue of $439.96 million for the quarter, compared to analysts’ expectations of $440.92 million. During the same period in the previous year, the company earned $1.92 EPS. The company’s revenue was up 3.3% on a year-over-year basis. On average, analysts expect J&J Snack Foods to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

J&J Snack Foods Trading Up 1.9 %

NASDAQ:JJSF opened at $169.43 on Wednesday. J&J Snack Foods has a 52 week low of $133.23 and a 52 week high of $176.38. The firm has a 50 day moving average of $167.70 and a 200 day moving average of $164.07. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 37.65 and a beta of 0.63.

Insider Activity at J&J Snack Foods

In related news, Director Gerald B. Shreiber sold 20,000 shares of the stock in a transaction that occurred on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other J&J Snack Foods news, Director Gerald B. Shreiber sold 20,000 shares of the firm’s stock in a transaction on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total value of $3,359,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Mary Lou Kehoe sold 1,500 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $169.59, for a total transaction of $254,385.00. Following the completion of the transaction, the vice president now directly owns 742 shares of the company’s stock, valued at approximately $125,835.78. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 22.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and set a $200.00 target price on shares of J&J Snack Foods in a research report on Tuesday, October 29th.

J&J Snack Foods Company Profile

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 through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.