J & J Snack Foods Corp (JJSF) is Initiated by KeyBanc Capital Mkts to Sector Weight

J & J Snack Foods Corp (JJSF) was Initiated by KeyBanc Capital Mkts to “Sector Weight”. KeyBanc Capital Mkts advised their investors in a research report released on Aug 22, 2016.

On the company’s financial health, J & J Snack Foods Corp reported $1.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $1.37. The company had revenue of $278.00 million for the quarter, compared to analysts expectations of $284.82 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 EPS.

J & J Snack Foods Corp opened for trading at $121.72 and hit $123.25 on the upside on Friday, eventually ending the session at $122.39, with a gain of 0.45% or 0.55 points. The heightened volatility saw the trading volume jump to 57,127 shares. Company has a market cap of $2,284 M.

In a different news, on Aug 3, 2016, Gerard Garfield Law (Senior Vice President) sold 1,724 shares at $121.46 per share price. According to the SEC, on Jul 29, 2016, Dennis G Moore (Sr. Vice President) sold 7,500 shares at $122.46 per share price. On May 19, 2016, Robert Joseph Pape (Senior Vice President) sold 3,000 shares at $103.43 per share price, according to the Form-4 filing with the securities and exchange commission.

J & J Snack Foods Corp. (J & J) manufactures nutritional snack foods and distributes frozen beverages which it markets nationally to the food service and retail supermarket industries. The Company operates in three business segments: Food Service Retail Supermarkets and Frozen Beverages. The Company’s principal snack food products are soft pretzels marketed primarily under the brand name SUPERPRETZEL and BAVARIAN BAKERY frozen juice treats and desserts marketed primarily under the LUIGI’S WHOLE FRUIT ICEE PHILLY SWIRL and MINUTE MAID brand names churros marketed primarily under the TIO PEPE’S and CALIFORNIA CHURROS brand names and bakery products sold primarily under the READI-BAKE COUNTRY HOME MARY B’S AND DADDY RAY’S brand names as well as for private label and contract packing.

J & J Snack Foods Corp

Leave a Reply

J & J Snack Foods Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on J & J Snack Foods Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.