John B. Sanfilippo & Son (NASDAQ:JBSS) Reaches New 52-Week Low – Time to Sell?

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSSGet Free Report)’s share price hit a new 52-week low on Friday . The stock traded as low as $69.28 and last traded at $69.32, with a volume of 106384 shares. The stock had previously closed at $70.62.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report on Monday, November 4th.

Get Our Latest Stock Report on JBSS

John B. Sanfilippo & Son Stock Performance

The firm has a fifty day moving average price of $85.68 and a 200 day moving average price of $90.82. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. The firm has a market cap of $799.70 million, a PE ratio of 16.53 and a beta of 0.11.

John B. Sanfilippo & Son (NASDAQ:JBSSGet Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $1.16 EPS for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.

Institutional Investors Weigh In On John B. Sanfilippo & Son

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale acquired a new stake in John B. Sanfilippo & Son in the 3rd quarter valued at approximately $33,000. Copeland Capital Management LLC acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at $39,000. Assetmark Inc. purchased a new stake in shares of John B. Sanfilippo & Son in the 4th quarter valued at $41,000. nVerses Capital LLC boosted its holdings in John B. Sanfilippo & Son by 133.3% during the 3rd quarter. nVerses Capital LLC now owns 700 shares of the company’s stock valued at $66,000 after acquiring an additional 400 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in John B. Sanfilippo & Son in the 3rd quarter valued at about $66,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Company Profile

(Get Free Report)

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.

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