John B. Sanfilippo & Son, Inc. (JBSS) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Five firms give JBSS an average “Moderate Buy” rating, with a $100 average 12-month price target. Ratings remain mixed, ranging from “strong sell” to “strong buy.”
• Recent earnings missed expectations: The company reported quarterly EPS of $0.71 versus the $1.17 consensus estimate, although revenue of $280.43 million exceeded expectations of $274.87 million.
• Shares are trading below recent highs: JBSS opened at $66.51, compared with a 1-year range of $59.07 to $92.08, while institutional investors own approximately 70.64% of the stock.

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the five research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $100.00.

A number of research firms recently issued reports on JBSS. Weiss Ratings reiterated a "hold (c)" rating on shares of John B. Sanfilippo & Son in a report on Tuesday, September 8th. Freedom Capital upgraded John B. Sanfilippo & Son from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 20th. Zacks Research downgraded John B. Sanfilippo & Son from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 1st. Wall Street Zen downgraded John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, BWS Financial reaffirmed a "buy" rating and set a $109.00 price target on shares of John B. Sanfilippo & Son in a research note on Wednesday, September 30th.

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ JBSS opened at $66.51 on Wednesday. The firm has a market cap of $777.50 million, a PE ratio of 12.64 and a beta of 0.32. The company has a current ratio of 2.08, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11. John B. Sanfilippo & Son has a 1-year low of $59.07 and a 1-year high of $92.08. The company has a fifty day moving average price of $73.15 and a 200 day moving average price of $77.93.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last released its earnings results on Wednesday, August 19th. The company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.17 by ($0.46). The firm had revenue of $280.43 million for the quarter, compared to the consensus estimate of $274.87 million. John B. Sanfilippo & Son had a return on equity of 16.51% and a net margin of 5.27%. Research analysts predict that John B. Sanfilippo & Son will post 5.56 earnings per share for the current fiscal year.

Institutional Trading of John B. Sanfilippo & Son

A number of institutional investors have recently made changes to their positions in JBSS. Engineers Gate Manager LP bought a new stake in John B. Sanfilippo & Son during the 2nd quarter worth about $254,000. Integrated Wealth Concepts LLC acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $52,000. Arizona State Retirement System acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $210,000. Corient Private Wealth LP acquired a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $1,088,000. Finally, Headlands Technologies LLC bought a new position in shares of John B. Sanfilippo & Son in the 2nd quarter valued at about $916,000. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a food company that processes, packages, markets and distributes tree nuts, peanuts and related snack products. Its offerings include roasted and salted nuts, trail mixes, nut-based snacks, baking ingredients and other packaged foods sold through retail, food-service and industrial channels.

The company markets products under brands including Fisher, Orchard Valley Harvest, Sunshine Country and Squirrel Brand, while also producing private-label products for retailers and food manufacturers.

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