Alert: Positive Investment/Fundamental Signals (6/21/24)-J & J Snack Foods Corp (NASDAQ: JJSF)

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Recent meaningful positive changes in fundamentals have benefitted J & J Snack Foods Corp (NASDAQ: JJSF): the consensus estimate for September, 2025 increased significantly, the consensus estimate for September, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

J & J Snack Foods Corp (NASDAQ: JJSF) has benefited from meaningful positive changes in investment behavior. Positive developments: the stock rose on very heavy volume, and positive upside/downside volume developed. Negative development: its longer term price trend turned down.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

JJSF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

J & J Snack Foods has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. J & J Snack Foods has a slightly negative Power Rating of 37 and a poor Appreciation Score of 22, resulting in the Lowest Value Trend Rating.

Recent Price Action

On 6/21/24, J & J Snack Foods Corp (NASDAQ: JJSF) stock rose modestly by 0.9%, closing at $166.81. Moreover, exceptionally high trading volume at 270% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -0.5% during the last week.

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