Alert: Positive Investment/Fundamental Signals (6/11/24)-J & J Snack Foods Corp (NASDAQ: JJSF)

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J & J Snack Foods Corp (NASDAQ: JJSF) has recently enjoyed important positive changes in fundamentals: the consensus estimate for September, 2025 increased significantly, the consensus estimate for September, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted J & J Snack Foods Corp (NASDAQ: JJSF): the stock rose on very heavy volume.

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). 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 35 and a poor Appreciation Score of 24, triggering the Lowest Value Trend Rating.

Recent Price Action

J & J Snack Foods Corp (NASDAQ: JJSF) stock closed at $167.26 on 6/11/24 after a large increase of 2.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 226% of normal. The stock has risen 2.0% during the last week but has been weak relative to the market over the last nine months.

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