J&J Snack Foods (NASDAQ:JJSF) Reaches New 1-Year Low at $133.23

J&J Snack Foods Corp. (NASDAQ:JJSF) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $133.23 and last traded at $134.02, with a volume of 3041 shares changing hands. The stock had previously closed at $134.40.

J&J Snack Foods Stock Performance

The stock has a 50-day simple moving average of $142.65 and a 200-day simple moving average of $155.30. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 32.66 and a beta of 0.52. The company has a current ratio of 2.40, a quick ratio of 1.36 and a debt-to-equity ratio of 0.01.

J&J Snack Foods (NASDAQ:JJSF) last announced its earnings results on Monday, February 5th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.35). J&J Snack Foods had a net margin of 5.11% and a return on equity of 9.98%. The business had revenue of $348.31 million during the quarter, compared to analyst estimates of $363.54 million. On average, analysts anticipate that J&J Snack Foods Corp. will post 5.06 earnings per share for the current year.

J&J Snack Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, March 19th were given a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date was Monday, March 18th. J&J Snack Foods’s payout ratio is 71.53%.

Insider Buying and Selling at J&J Snack Foods

In other J&J Snack Foods news, Director Marjorie Shreiber Roshkoff sold 625 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $147.73, for a total value of $92,331.25. Following the transaction, the director now directly owns 69,459 shares of the company’s stock, valued at approximately $10,261,178.07. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 22.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On J&J Snack Foods

Institutional investors and hedge funds have recently made changes to their positions in the company. Eagle Bay Advisors LLC raised its position in shares of J&J Snack Foods by 144.2% during the 2nd quarter. Eagle Bay Advisors LLC now owns 188 shares of the company’s stock valued at $26,000 after acquiring an additional 111 shares in the last quarter. West Tower Group LLC raised its position in shares of J&J Snack Foods by 429.0% during the 4th quarter. West Tower Group LLC now owns 164 shares of the company’s stock valued at $27,000 after acquiring an additional 133 shares in the last quarter. Operose Advisors LLC acquired a new stake in shares of J&J Snack Foods during the 3rd quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new stake in shares of J&J Snack Foods during the 3rd quarter valued at approximately $32,000. Finally, Quantbot Technologies LP acquired a new stake in shares of J&J Snack Foods during the 3rd quarter valued at approximately $69,000. 76.04% of the stock is owned by institutional investors and hedge funds.

J&J Snack Foods Company Profile

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.