J&J Snack Foods (JJSF) Set to Announce Quarterly Earnings on Wednesday

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of $1.88 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The company reported $1.98 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.01). J&J Snack Foods had a return on equity of 10.70% and a net margin of 5.49%. The business had revenue of $439.96 million for the quarter, compared to analyst estimates of $440.92 million. During the same period in the previous year, the business posted $1.92 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter last year. On average, analysts expect J&J Snack Foods to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

J&J Snack Foods Stock Up 5.7 %

Shares of JJSF traded up $9.59 during midday trading on Wednesday, hitting $179.02. The stock had a trading volume of 128,813 shares, compared to its average volume of 52,766. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 39.78 and a beta of 0.63. J&J Snack Foods has a twelve month low of $133.23 and a twelve month high of $180.80. The company has a 50 day simple moving average of $167.69 and a two-hundred day simple moving average of $164.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.27 and a quick ratio of 1.39.

Insider Activity

In other news, VP Mary Lou Kehoe sold 1,500 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $169.59, for a total value of $254,385.00. Following the completion of the sale, the vice president now owns 742 shares of the company's stock, valued at approximately $125,835.78. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other J&J Snack Foods news, VP Mary Lou Kehoe sold 1,500 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $169.59, for a total transaction of $254,385.00. Following the completion of the sale, the vice president now owns 742 shares in the company, valued at approximately $125,835.78. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gerald B. Shreiber sold 20,000 shares of the firm's stock in a transaction on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total value of $3,359,000.00. The disclosure for this sale can be found here. 22.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Benchmark reiterated a "buy" rating and issued a $200.00 price objective on shares of J&J Snack Foods in a report on Tuesday, October 29th.

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.