KeyCorp Comments on J & J Snack Foods' FY2018 Earnings (JJSF)

Joanna Estrada
April 16, 2018

Paradigm Asset Mgmt Ltd Co owns 400 shares or 0.02% of their USA portfolio. Bankshares Of Montreal Can reported 0% stake. Invesco Ltd who had been investing in J & J Snack Foods Corp for a number of months, seems to be bullish on the $2.62 billion market cap company.

J & J Snack Foods stock opened at $139.54 on Wednesday. They expect $1.01 EPS, up 18.82 % or $0.16 from last year's $0.85 per share. It has underperformed by 13.07% the S&P500.

Powers increased its stake in Intuitive Surgical Inc (ISRG) by 188.91% based on its latest 2017Q4 regulatory filing with the SEC. The institutional investor held 105,119 shares of the business services company at the end of 2017Q4, valued at $18.13M, down from 117,270 at the end of the previous reported quarter. The stock increased 0.32% or $0.56 during the last trading session, reaching $175.92. About 185,204 shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 13, 2017 and is uptrending. It has outperformed by 46.88% the S&P500. Victory Capital Management Inc. now owns 1,605 shares of the company's stock worth $191,000 after buying an additional 391 shares in the last quarter. BABA's profit will be $1.95B for 57.87 P/E if the $0.76 EPS becomes a reality. Rhumbline Advisers, Massachusetts-based fund reported 41,715 shs.

Among 4 analysts covering J & J Snack Foods (NASDAQ:JJSF), 2 have Buy rating, 0 Sell and 2 Hold. The positive are 50%. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was initiated by DA Davidson on Wednesday, October 5 with "Buy". The company's revenue was up 1.2% on a year-over-year basis. (NASDAQ:ISRG) has "Buy" rating given on Friday, May 26 by Canaccord Genuity. (NASDAQ:JJSF)'s Williams %R presently stands at -20.16. The firm has "Buy" rating by Brean Capital given on Wednesday, October 28.

Since February 16, 2018, it had 0 insider purchases, and 1 sale for $731,509 activity. For the next fiscal year, analysts expect that the company will report sales of $1.18 billion per share, with estimates ranging from $1.15 billion to $1.20 billion.

On during the last trading session the stock decreased $0.58 or 0.41%, reaching $139.54.J&J Snack Foods Corp. has 81,350 shares volume, 5.35% up from normal. Therefore 40% are positive. The company was upgraded on Tuesday, December 13 by Jefferies. The firm has "Neutral" rating by DA Davidson given on Wednesday, January 4. KeyBanc Capital Markets initiated J&J Snack Foods Corp. (NASDAQ:JJSF) to report earnings on April, 23. On Tuesday, December 19 the stock rating was initiated by C.L. King with "Buy". They set a sector weight rating for the company. Standard Life Aberdeen plc now owns 320,650 shares of the company's stock valued at $48,684,000 after purchasing an additional 16,208 shares during the period. (NASDAQ:JJSF) earned "Hold" rating by Jefferies on Thursday, November 16. Jefferies maintained it with "Hold" rating and $12500 target in Thursday, June 29 report. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. (NASDAQ:JJSF) has declined 1.52% since April 14, 2017 and is downtrending. Its down 0.29, from 1.33 in 2017Q3. BidaskClub upgraded shares of J & J Snack Foods from a "sell" rating to a "hold" rating in a research report on Friday, February 9th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parametrica Mgmt Limited accumulated 2,200 shares. Finally, Jefferies Group reiterated a "hold" rating and issued a $135.00 target price on shares of J & J Snack Foods in a research report on Tuesday, January 30th. Ellington Gp Ltd Liability Co owns 2,300 shares for 0.06% of their portfolio. Ranger Investment Mngmt LP owns 130,280 shares or 1.45% of their USA portfolio. 246 were accumulated by Kings Point Mngmt. After having $0.78 EPS previously, J&J Snack Foods Corp.'s analysts see 29.49 % EPS growth.

J&J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. (NASDAQ:JJSF). Westwood Grp Inc Inc has 476,532 shares. J & J Snack Foods has a 1 year low of $124.10 and a 1 year high of $157.33.

Raymond James Financial Services Advisors Inc. lowered its position in shares of J & J Snack Foods Corp (NASDAQ:JJSF) by 3.7% during the fourth quarter, Holdings Channel reports.

Westwood Holdings Group Inc increased Brooks Automation Inc (NASDAQ:BRKS) stake by 377,435 shares to 882,810 valued at $21.06M in 2017Q4.

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