For its fourth fiscal quarter (ending September 30), J & J Snack Foods Corp (NASDAQ: JJSF) has reported a 76% increase in E.P.S. from $0.90 a year ago to $1.58 in the current quarter. However, this performance was $-0.14 short of the consensus estimate of $1.72. E.P.S. were $4.10 for the latest four quarters through September 30 versus $2.47 for the same period a year ago — an increase of 66%.
Recent Price Action
J & J Snack Foods Corp (NASDAQ: JJSF) stock closed at $160.86 on 11/15/23 after a decline of -1.7%. Relative to the market the stock has been exceptionally strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
JJSF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
J & J Snack Foods has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. J & J Snack Foods has a poor Appreciation Score of 20 but a very high Power Rating of 90, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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