J&J Snack Foods (NASDAQ:JJSF – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.04, Briefing.com reports. J&J Snack Foods had a net margin of 5.06% and a return on equity of 10.02%. The company had revenue of $443.90 million during the quarter, compared to analysts’ expectations of $421.06 million. During the same quarter in the prior year, the company earned $1.05 EPS. The firm’s revenue was up 10.9% on a year-over-year basis.
J&J Snack Foods Trading Down 1.1 %
NASDAQ:JJSF opened at $166.53 on Friday. The company has a fifty day moving average of $160.80 and a 200 day moving average of $160.42. J&J Snack Foods has a 52 week low of $133.27 and a 52 week high of $177.71. The company has a quick ratio of 1.55, a current ratio of 2.50 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $3.21 billion, a P/E ratio of 40.82 and a beta of 0.58.
J&J Snack Foods Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Investors of record on Tuesday, December 19th will be issued a dividend of $0.735 per share. The ex-dividend date of this dividend is Monday, December 18th. This represents a $2.94 dividend on an annualized basis and a yield of 1.77%. J&J Snack Foods’s dividend payout ratio is currently 72.06%.
Institutional Investors Weigh In On J&J Snack Foods
Wall Street Analyst Weigh In
JJSF has been the subject of a number of research reports. TheStreet raised shares of J&J Snack Foods from a “c+” rating to a “b” rating in a research note on Monday, July 31st. StockNews.com initiated coverage on shares of J&J Snack Foods in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Finally, Benchmark upped their price objective on shares of J&J Snack Foods from $190.00 to $195.00 and gave the company a “buy” rating in a research note on Friday.
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, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR.
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