MarketBeat ‘Stock of the Week’: J&J Snack Foods gets tastier

Key Points

Despite a slow start to fiscal 2024, J&J Snack Foods management expects that momentum will build during the year as core brands perform, cross-sell opportunities arise and the customer base increases.
J&J is a Dividend Achiever, boasting a $2.94 per share annualized dividend and a 2.0% dividend yield that is slightly above the consumer staples average.
Following last week’s earnings call, an analyst from Benchmark Co. set a $195.00 price target that implies 32% share price appreciation from Friday’s close.
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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
J&J Snack Foods (JJSF)	4.0482 of 5 stars 4.05 / 5 stars	$167.85	+1.0%	1.75%	37.80	Buy	$200.00
Sovos Brands (SOVO)	0.3736 of 5 stars 0.37 / 5 stars	$22.98	flat	N/A	79.24	Hold	$23.00
Lancaster Colony (LANC)	4.087 of 5 stars 4.09 / 5 stars	$188.30	+1.6%	1.91%	39.07	Hold	$198.75
Utz Brands (UTZ)	4.4086 of 5 stars 4.41 / 5 stars	$14.46	-1.6%	1.66%	-57.84	Moderate Buy	$20.08