J&J Snack Foods Corp (NASDAQ: JJSF) is -12.54% lower on its value in year-to-date trading and has touched a low of $116.60 and a high of $180.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JJSF stock was last observed hovering at around $132.81 in the last trading session, with the day’s gains setting it 2.86%.
Currently trading at $135.67, the stock is 3.04% and 3.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 2.15% at the moment leaves the stock -12.72% off its SMA200. JJSF registered 0.48% gain for a year compared to 6-month loss of -19.42%. The firm has a 50-day simple moving average (SMA 50) of $131.1232 and a 200-day simple moving average (SMA200) of $155.4354.
The stock witnessed a 5.57% gain in the last 1 month and extending the period to 3 months gives it a -6.41%, and is 2.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.81% over the week and 3.13% over the month.
J&J Snack Foods Corp (JJSF) has around 5000 employees, a market worth around $2.64B and $1.59B in sales. Current P/E ratio is 31.31 and Fwd P/E is 23.69. Profit margin for the company is 5.31%. Distance from 52-week low is 16.35% and -24.96% from its 52-week high. The company has generated returns on investments over the last 12 months (7.74%).
The EPS is expected to shrink by -2.67% this year
341.0 institutions hold shares in J&J Snack Foods Corp (JJSF), with institutional investors hold 102.60% of the company’s shares. The shares outstanding are 19.46M, and float is at 15.32M with Short Float at 5.58%. Institutions hold 80.67% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.34 million shares valued at $380.26 million. The investor’s holdings represent 12.0744 of the JJSF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.62 million shares valued at $263.2 million to account for 8.3641 of the shares outstanding. The other top investors are ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC which holds 1.56 million shares representing 8.0557 and valued at over $253.7 million, while MACQUARIE GROUP LTD holds 6.2415 of the shares totaling 1.21 million with a market value of $196.57 million.
J&J Snack Foods Corp (JJSF) Insider Activity
The most recent transaction is an insider sale by Kehoe Mary Lou, the company’s VP, Human Resources. SEC filings show that Kehoe Mary Lou sold 211 shares of the company’s common stock on Nov 22 ’24 at a price of $170.82 per share for a total of $36043.0. Following the sale, the insider now owns 789.0 shares.
Still, SEC filings show that on Nov 19 ’24, Cranmer Robert (Senior VP, Operations) disposed off 315 shares at an average price of $165.05 for $51991.0. The insider now directly holds 963 shares of J&J Snack Foods Corp (JJSF).