J&J Snack Foods Corp. Plans Quarterly Dividend of $0.32 (JJSF)
J&J Snack Foods Corp. (NASDAQ:JJSF) announced a quarterly dividend on Friday, May 16th, Analyst Ratings News reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.32 per share on Wednesday, July 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, June 11th.
A number of analysts have recently weighed in on JJSF shares. Analysts at Zacks downgraded shares of J&J Snack Foods Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $102.60 price target on the stock. On the ratings front, analysts at Piper Jaffray raised their price target on shares of J&J Snack Foods Corp. from $103.00 to $105.00 in a research note on Wednesday, April 16th. Finally, analysts at Cowen and Company raised their price target on shares of J&J Snack Foods Corp. from $104.00 to $107.00 in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $102.51.
Shares of J&J Snack Foods Corp. (NASDAQ:JJSF) traded up 1.06% on Monday, hitting $92.82. 69,756 shares of the company’s stock traded hands. J&J Snack Foods Corp. has a 52-week low of $73.78 and a 52-week high of $100.00. The stock has a 50-day moving average of $94.74 and a 200-day moving average of $89.90. The company has a market cap of $1.736 billion and a price-to-earnings ratio of 25.64.
J&J Snack Foods Corp. (NASDAQ:JJSF) last announced its earnings results on Monday, April 28th. The company reported $0.72 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.74 by $0.02. The company had revenue of $205.30 million for the quarter, compared to the consensus estimate of $209.95 million. During the same quarter last year, the company posted $0.67 earnings per share. J&J Snack Foods Corp.’s revenue was up 2.0% compared to the same quarter last year. On average, analysts predict that J&J Snack Foods Corp. will post $3.74 earnings per share for the current fiscal year.
J & J Snack Foods Corp. (NASDAQ:JJSF) manufactures nutritional snack foods and distributes frozen beverages, which it markets nationally to the food service and retail supermarket industries.
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