Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Hold rating on J & J Snack Foods (NASDAQ:JJSF) on Sunday, setting a price target of $129, which is approximately 7.45% below the present share price of $139.38.
Dickerson expects J & J Snack Foods to post earnings per share (EPS) of -$0.67 for the fourth quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in J & J Snack Foods, with an average price target of $129.
The analysts price targets range from a high of $129 to a low of $129.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $214.56 million and a net profit of -$14.35 million. The company's market cap is $2.63 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.1% and a 47.69% success rate.
J&J (NYSE:JNJ) Snack Foods Corp. manufactures nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products, and baked goods. The Retail Supermarkets segment offers soft pretzel products including Superpretzel, frozen juice treats and desserts, including Luigi's real Italian ice, Minute Maid juice bars and soft frozen lemonade, Whole Fruit frozen fruit bars and sorbet, Philly Swirl cups and sticks, ICEE Squeeze-Up Tubes and dough enrobed handheld products including Patio burritos. The Frozen Beverages segment provides frozen beverages to the food service industry primarily under the names ICEE, SLUSH PUPPIE, and PARROT ICE (NYSE:ICE) in the United States, Mexico, and Canada; as well as repair and maintenance service. The company was founded by Gerald B. Shreiber on September 27, 1971 and is headquartered in Pennsauken, NJ.