J & J Snack Foods Corp (NASDAQ: JJSF) has reported earnings for its third fiscal quarter (ending June 30) of $1.87 versus $1.82 for the same period a year ago — an increase of 3%. Relative to the consensus estimate of $2.03, this was a shortfall of $-0.16. For the latest four quarters through June 30, E.P.S. were $4.52 compared to $3.42 a year ago — an increase of 32%.
Recent Price Action
J & J Snack Foods Corp (NASDAQ: JJSF) stock declined by -4.3% on 8/5/24. The shares closed at $159.36. Moreover, above average trading volume at 124% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.1% during the last week.
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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. J & J Snack Foods has a slightly negative Power Rating of 39 and a poor Appreciation Score of 24, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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