For its second fiscal quarter (ending March 31), J & J Snack Foods Corp (NASDAQ: JJSF) has reported a 92% increase in E.P.S. from $0.36 a year ago to $0.69 in the current quarter. However, this performance was $-0.04 short of the consensus estimate of $0.73. E.P.S. were $4.46 for the latest four quarters through March 31 versus $2.41 for the same period a year ago — an increase of 85%.
Recent Price Action
J & J Snack Foods Corp (NASDAQ: JJSF) stock closed at $137.90 on 5/6/24 after a slight decline of -0.2%. This decline was accompanied by normal trading volume. The stock has risen 0.9% during the last week but has been weak relative to the market over the last nine months.
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 poor Appreciation Score of 28 and a very low Power Rating of 14, 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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