Last Updated: 19 Sep 2024
Executive Summary
J & J Snack Foods Corp. (JJSF) is a leading manufacturer of snack foods in the United States. The company has a strong financial position with a market capitalization of $3.27 billion and an EBITDA of $190.2 million. JJSF has a trailing PE ratio of 37.43 and a forward PE ratio of 28.99. The company's stock price is currently trading at $168.45, which is above its 50-day and 200-day moving averages.
Company Overview
J & J Snack Foods Corp. is headquartered in Pennsauken, New Jersey. The company manufactures and markets a variety of snack foods, including pretzels, chips, cookies, and popcorn. JJSF sells its products through a network of distributors and retailers. The company has a strong brand portfolio, including SuperPretzel, Icee, and Dippin' Dots.
Fundamental Analysis
JJSF has a strong financial position. The company has a low debt-to-equity ratio and a healthy cash flow. JJSF's revenue and earnings have grown steadily in recent years. The company's profit margin is 5.49% and its operating margin is 11.4%. JJSF's return on assets is 5.64% and its return on equity is 9.58%.
Technical Analysis
JJSF's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 65, which indicates that the stock is overbought.
Short Term Outlook
JJSF's stock price is likely to continue to trend higher in the short term. The stock is trading above its moving averages and the RSI is overbought. However, investors should be aware that the stock is overbought and could be due for a correction.
Long Term Outlook
JJSF's long-term outlook is positive. The company has a strong financial position and a growing business. JJSF is well-positioned to continue to grow its revenue and earnings in the years to come.
Analyst Recommendations
Analysts are bullish on JJSF's stock. The consensus analyst rating is "buy." The average analyst target price is $192.25.
