J&J Snack Foods (NASDAQ:JJSF) Releases Earnings Results, Misses Estimates By $0.29 EPS

J&J Snack Foods (NASDAQ:JJSFGet Free Report) released its earnings results on Monday. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.29), Zacks reports. J&J Snack Foods had a return on equity of 10.32% and a net margin of 5.50%.

J&J Snack Foods Trading Down 3.3 %

Shares of NASDAQ JJSF traded down $4.53 during trading on Monday, reaching $132.70. 198,903 shares of the company traded hands, compared to its average volume of 138,576. J&J Snack Foods has a 12-month low of $132.13 and a 12-month high of $180.80. The stock has a market cap of $2.58 billion, a P/E ratio of 29.82 and a beta of 0.64. The firm’s fifty day simple moving average is $155.62 and its 200 day simple moving average is $163.94.

J&J Snack Foods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend was Tuesday, December 17th. J&J Snack Foods’s dividend payout ratio is currently 70.11%.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating and set a $200.00 price target on shares of J&J Snack Foods in a research report on Friday, November 15th.

Get Our Latest Report on J&J Snack Foods

About J&J Snack Foods

(Get Free Report)

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.

Further Reading

Earnings History for J&J Snack Foods (NASDAQ:JJSF)

Receive News & Ratings for J&J Snack Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J&J Snack Foods and related companies with MarketBeat.com's FREE daily email newsletter.