J & J Snack Foods Corp. (JJSF) Earns Media Impact Rating of 0.10

Media headlines about J & J Snack Foods Corp. (NASDAQ:JJSF) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. J & J Snack Foods Corp. earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.9345250872426 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of J & J Snack Foods Corp. (NASDAQ JJSF) opened at 131.43 on Wednesday. J & J Snack Foods Corp. has a 52 week low of $102.81 and a 52 week high of $143.21. The company has a 50 day moving average of $128.42 and a 200 day moving average of $131.36. The firm has a market cap of $2.46 billion, a PE ratio of 32.78 and a beta of 0.75.

J & J Snack Foods Corp. (NASDAQ:JJSF) last announced its earnings results on Monday, July 24th. The company reported $1.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.49 by ($0.15). The company had revenue of $295.40 million during the quarter, compared to the consensus estimate of $297.83 million. J & J Snack Foods Corp. had a net margin of 7.33% and a return on equity of 11.55%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 EPS. On average, equities research analysts anticipate that J & J Snack Foods Corp. will post $4.19 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 4th. Investors of record on Thursday, September 14th were given a $0.42 dividend. The ex-dividend date was Wednesday, September 13th. This represents a $1.68 dividend on an annualized basis and a yield of 1.28%. J & J Snack Foods Corp.’s dividend payout ratio is presently 41.90%.

J & J Snack Foods Corp. declared that its Board of Directors has initiated a share buyback plan on Friday, August 4th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Several analysts recently commented on JJSF shares. BidaskClub upgraded shares of J & J Snack Foods Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Zacks Investment Research cut shares of J & J Snack Foods Corp. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 26th.

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About J & J Snack Foods Corp.

J & J Snack Foods Corp. is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks.

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