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.
- 5 stocks we like better than J&J Snack Foods
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