J&J Snack Foods (NASDAQ:JJSF) Reaches New 52-Week Low at $138.86

Shares of J&J Snack Foods Corp. (NASDAQ:JJSF - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $138.86 and last traded at $138.87, with a volume of 44654 shares traded. The stock had previously closed at $142.18.

J&J Snack Foods Price Performance

The stock has a 50-day simple moving average of $147.07 and a 200 day simple moving average of $157.43. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.36 and a current ratio of 2.40. The company has a market cap of $2.70 billion, a P/E ratio of 33.89 and a beta of 0.52.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.35). The firm had revenue of $348.31 million during the quarter, compared to the consensus estimate of $363.54 million. J&J Snack Foods had a return on equity of 9.98% and a net margin of 5.11%. On average, equities analysts expect that J&J Snack Foods Corp. will post 5.06 EPS for the current year.

J&J Snack Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 9th. Investors of record on Tuesday, March 19th will be given a dividend of $0.735 per share. The ex-dividend date of this dividend is Monday, March 18th. This represents a $2.94 annualized dividend and a dividend yield of 2.11%. J&J Snack Foods's dividend payout ratio (DPR) is presently 71.53%.

Insider Buying and Selling

In related news, Director Marjorie Shreiber Roshkoff sold 625 shares of the firm'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 transaction of $92,331.25. Following the completion of the transaction, the director now owns 69,459 shares in the company, valued at approximately $10,261,178.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 22.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On J&J Snack Foods

Institutional investors have recently bought and sold shares of the business. West Tower Group LLC raised its position in J&J Snack Foods by 429.0% in the 4th quarter. West Tower Group LLC now owns 164 shares of the company's stock valued at $27,000 after purchasing an additional 133 shares during the last quarter. Operose Advisors LLC acquired a new stake in shares of J&J Snack Foods in the 3rd quarter valued at $28,000. Eagle Bay Advisors LLC increased its stake in shares of J&J Snack Foods by 144.2% in the 2nd quarter. Eagle Bay Advisors LLC now owns 188 shares of the company's stock valued at $26,000 after buying an additional 111 shares during the period. Headlands Technologies LLC acquired a new stake in shares of J&J Snack Foods in the 3rd quarter valued at $32,000. Finally, Quantbot Technologies LP acquired a new stake in shares of J&J Snack Foods in the 3rd quarter valued at $69,000. Institutional investors own 76.04% of the company's stock.

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.