News articles about J & J Snack Foods (NASDAQ:JJSF) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty 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 nearest to one being the most favorable. J & J Snack Foods earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.4428859086255 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- J & J Snack Foods Corp (JJSF) Expected to Announce Quarterly Sales of $252.75 Million (americanbankingnews.com)
- Zacks: J & J Snack Foods Corp (JJSF) Receives Consensus Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- J & J Snack Foods (JJSF) Research Coverage Started at CL King (americanbankingnews.com)
- J & J Snack Foods Corp (JJSF) Expected to Post Earnings of $0.78 Per Share (americanbankingnews.com)
- Zacks: J & J Snack Foods Corp (JJSF) Given Consensus Recommendation of “Strong Buy” by Brokerages (americanbankingnews.com)
A number of analysts have issued reports on the stock. CL King assumed coverage on shares of J & J Snack Foods in a report on Tuesday. They issued a “buy” rating on the stock. Jefferies Group set a $130.00 price target on shares of J & J Snack Foods and gave the company a “hold” rating in a report on Thursday, November 16th. Finally, Zacks Investment Research downgraded shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a report on Saturday, November 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. J & J Snack Foods presently has an average rating of “Hold” and a consensus price target of $135.00.
J & J Snack Foods (NASDAQ:JJSF) last posted its earnings results on Thursday, November 9th. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.04. J & J Snack Foods had a net margin of 7.30% and a return on equity of 11.91%. The firm had revenue of $316.73 million for the quarter, compared to the consensus estimate of $287.91 million. During the same period in the previous year, the firm posted $1.10 EPS. The business’s quarterly revenue was up 20.8% on a year-over-year basis. analysts forecast that J & J Snack Foods will post 4.45 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Wednesday, December 13th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This is an increase from J & J Snack Foods’s previous quarterly dividend of $0.42. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.18%. J & J Snack Foods’s payout ratio is 42.86%.
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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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