J&J Snack Foods (NASDAQ:JJSF) Announces Earnings Results

J&J Snack Foods (NASDAQ:JJSF) posted its quarterly earnings data on Monday. The company reported $0.33 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 Trading Down 3.3 %

Shares of JJSF traded down $4.53 during trading hours on Monday, hitting $132.70. 198,903 shares of the stock traded hands, compared to its average volume of 138,544. J&J Snack Foods has a 1-year low of $132.13 and a 1-year high of $180.80. The firm has a market capitalization of $2.58 billion, a PE ratio of 29.82 and a beta of 0.64. The business has a fifty day moving average of $155.62 and a 200-day moving average of $163.94.

J&J Snack Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 2.35%. The ex-dividend date was Tuesday, December 17th. J&J Snack Foods’s dividend payout ratio (DPR) is presently 70.11%.

Wall Street Analyst Weigh In

Separately, Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of J&J Snack Foods in a research note on Friday, November 15th.

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.