J&J Snack Foods (JJSF)

• Market cap: $3.12B
• 1 day: -0.40%
• 5 days: -4.51%
• 1 month: -2.99%
• 3 months: -4.74%
• 6 months: -3.16%
• Year to date: -5.17%
• 1 year: -4.13%
• 5 years: -14.47%
• 10 years: 46.94%
• Sector: Consumer Staples
• Industry: Cookies & Crackers

About: J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.

Employees: 5,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

85% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 20

35% more call options, than puts

Call options by funds: $396K | Put options by funds: $293K

17% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 70

8% more funds holding

Funds holding: 223 [Q2] → 240 (+17) [Q3]

2% more capital invested

Capital invested by funds: $2.53B [Q2] → $2.58B (+$53.6M) [Q3]

3.05% less ownership

Funds ownership: 80.34% [Q2] → 77.28% (-3.05%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $200 25% upside
• Avg. target: $200 25% upside
• High target: $200 25% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Todd Brooks 41% 1-year accuracy 19 / 46 met price target

25% upside $200

Buy Reiterated

15 Nov 2024