J&J Snack Foods (NASDAQ:JJSF) Issues Quarterly Earnings Results

J&J Snack Foods (NASDAQ:JJSF) released its quarterly earnings data on Monday. The company reported $0.33 earnings per share (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 Price Performance

Shares of JJSF stock opened at $124.05 on Wednesday. The company has a market cap of $2.42 billion, a PE ratio of 27.88 and a beta of 0.64. J&J Snack Foods has a 1 year low of $116.60 and a 1 year high of $180.80. The stock’s 50 day simple moving average is $153.82 and its two-hundred day simple moving average is $163.37.

J&J Snack Foods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th were given a $0.78 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $3.12 annualized dividend and a yield of 2.52%. J&J Snack Foods’s dividend payout ratio is currently 70.11%.

Analysts Set New Price Targets

Separately, Benchmark restated a “buy” rating and issued a $200.00 price target on shares of J&J Snack Foods in a research report on Tuesday.

About J&J Snack Foods

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.