Analyst Ratings for J&J Snack Foods Corp. (JJSF)Updated: 2017-07-27
Shares of J&J Snack Foods Corp. (NASDAQ:JJSF) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, JJSF was issued an average rating of Overweight.
2 analysts declared JJSF a buy, 0 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for JJSF. The maximum price target given was 148, which equates to a potential upside of 13.09 percent. The most pessimistic price target was 112, which equates to a potential downside of -14.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 1.18 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.03 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.69 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of JJSF to grow at a rate of 8.69 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of JJSF is 3.76.
In the trailing 52-weeks, JJSF hit 143.21 at the highest peak, while it's lowest trading point was 102.81. The current market price is above the trailing year's low by 27.29 percent, and 8.62 percent below the high. JJSF has a P/E ratio of 32.64. Investors typically compare the P/E ratio to a company's peers in the industry. The JJSF value stock report compares JJSF to some of its peers using value stock charts. The market cap of JJSF is $2.42 billion. JJSF's next earnings release will be on 0000-00-00, which is days away.