The stock price of J&J Snack Foods Corp. (NASDAQ: JJSF) has jumped by 16.37 compared to previous close of 137.90. Despite this, the company has seen a gain of 16.88% in its stock price over the last five trading days. The Motley Fool reported 2024-05-07 that Helped by strong growth in the retail channel, the SuperPretzel maker beat top-line expectations. Margins also surged thanks to earlier investments in production capacity.
Is It Worth Investing in J&J Snack Foods Corp. (NASDAQ: JJSF) Right Now?
The price-to-earnings ratio for J&J Snack Foods Corp. (NASDAQ: JJSF) is 36.13x, which is above its average ratio. Moreover, the 36-month beta value for JJSF is 0.57. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for JJSF is 15.19M and currently, short sellers hold a 4.56% of that float. On May 08, 2024, JJSF’s average trading volume was 89.55K shares.
JJSF’s Market Performance
The stock of J&J Snack Foods Corp. (JJSF) has seen a 16.88% increase in the past week, with a 15.11% rise in the past month, and a 10.94% gain in the past quarter. The volatility ratio for the week is 3.31%, and the volatility levels for the past 30 days are at 2.16% for JJSF. The simple moving average for the past 20 days is 17.45% for JJSF’s stock, with a 2.44% simple moving average for the past 200 days.
Analysts’ Opinion of JJSF
Many brokerage firms have already submitted their reports for JJSF stocks, with The Benchmark Company repeating the rating for JJSF by listing it as a “Buy.” The predicted price for JJSF in the upcoming period, according to The Benchmark Company is $171 based on the research report published on December 08, 2021 of the previous year 2021.
CL King, on the other hand, stated in their research note that they expect to see JJSF reach a price target of $140. The rating they have provided for JJSF stocks is “Buy” according to the report published on May 12th, 2020.
Jefferies gave a rating of “Hold” to JJSF, setting the target price at $200 in the report published on January 23rd of the previous year.
JJSF Trading at 14.43% from the 50-Day Moving Average
After a stumble in the market that brought JJSF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.70% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares surge +15.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.67% upper at present.
During the last 5 trading sessions, JJSF rose by +16.88%, which changed the moving average for the period of 200-days by -0.26% in comparison to the 20-day moving average, which settled at $137.72. In addition, J&J Snack Foods Corp. saw -3.99% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JJSF starting from Roshkoff Marjorie Shreiber, who sale 625 shares at the price of $147.73 back on Feb 15 ’24. After this action, Roshkoff Marjorie Shreiber now owns 69,459 shares of J&J Snack Foods Corp., valued at $92,334 using the latest closing price.
FACHNER DAN, the Chairman, President & CEO of J&J Snack Foods Corp., sale 11,580 shares at $164.80 during a trade that took place back on Nov 30 ’23, which means that FACHNER DAN is holding 29,780 shares at $1,908,375 based on the most recent closing price.
Stock Fundamentals for JJSF
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.31 for the gross margin
The net margin for J&J Snack Foods Corp. stands at 0.05. The total capital return value is set at 0.1. Equity return is now at value 9.70, with 6.72 for asset returns.
Based on J&J Snack Foods Corp. (JJSF), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.04. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 47.13.
Currently, EBITDA for the company is 174.34 million with net debt to EBITDA at 0.8. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 8.85for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.
Conclusion
To wrap up, the performance of J&J Snack Foods Corp. (JJSF) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
