J & J Snack Foods Corp (NASDAQ:JJSF) insider Dan Fachner sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $187.88, for a total transaction of $1,409,100.00. Following the sale, the insider now owns 102,296 shares of the company’s stock, valued at approximately $19,219,372.48. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of NASDAQ:JJSF opened at $193.51 on Friday. The company has a market capitalization of $3.53 billion, a PE ratio of 47.66 and a beta of 0.40. J & J Snack Foods Corp has a twelve month low of $138.40 and a twelve month high of $194.76. The firm has a 50 day simple moving average of $171.57 and a 200-day simple moving average of $161.54.
J & J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings data on Monday, July 29th. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.08. The business had revenue of $326.70 million during the quarter, compared to the consensus estimate of $311.67 million. J & J Snack Foods had a net margin of 7.84% and a return on equity of 11.65%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. As a group, equities research analysts expect that J & J Snack Foods Corp will post 4.97 EPS for the current fiscal year.
Several brokerages have recently weighed in on JJSF. Zacks Investment Research upgraded shares of J & J Snack Foods from a “hold” rating to a “buy” rating and set a $208.00 price objective for the company in a research report on Friday, August 2nd. BidaskClub upgraded shares of J & J Snack Foods from a “sell” rating to a “hold” rating in a research report on Wednesday, July 24th. Finally, Consumer Edge upgraded shares of J & J Snack Foods from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 9th.
J & J Snack Foods Company Profile
J & J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR.
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