John B. Sanfilippo & Son, Inc. (JBSS) Receives Average Rating of “Hold” from Brokerages

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Zacks has also assigned John B. Sanfilippo & Son an industry rank of 203 out of 255 based on the ratings given to its competitors.

Separately, BidaskClub raised John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.

In other John B. Sanfilippo & Son news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of John B. Sanfilippo & Son stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $71.00, for a total transaction of $575,668.00. Following the completion of the transaction, the chief executive officer now owns 14,840 shares in the company, valued at approximately $1,053,640. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 22.60% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its stake in John B. Sanfilippo & Son by 21.5% during the 2nd quarter. BlackRock Inc. now owns 1,418,660 shares of the company’s stock valued at $105,618,000 after purchasing an additional 251,245 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in John B. Sanfilippo & Son by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 650,094 shares of the company’s stock valued at $37,621,000 after purchasing an additional 10,467 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in John B. Sanfilippo & Son by 27.5% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 182,503 shares of the company’s stock valued at $13,587,000 after purchasing an additional 39,350 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of John B. Sanfilippo & Son by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 124,505 shares of the company’s stock worth $9,270,000 after buying an additional 5,737 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of John B. Sanfilippo & Son by 3.5% in the 2nd quarter. Northern Trust Corp now owns 112,817 shares of the company’s stock worth $8,400,000 after buying an additional 3,840 shares during the last quarter. Institutional investors and hedge funds own 67.93% of the company’s stock.

John B. Sanfilippo & Son stock traded down $11.24 during midday trading on Wednesday, reaching $62.70. The stock had a trading volume of 7,888 shares, compared to its average volume of 50,441. John B. Sanfilippo & Son has a 12 month low of $54.32 and a 12 month high of $79.37. The firm has a market capitalization of $806.06 million, a price-to-earnings ratio of 25.94 and a beta of 1.05. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.11 and a quick ratio of 0.62.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Tuesday, October 30th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.37). John B. Sanfilippo & Son had a net margin of 3.65% and a return on equity of 14.04%. The firm had revenue of $204.29 million during the quarter.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc, together with its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.

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