JJSF Stock Summary and Trading Ideas (J&J Snack Foods | NASDAQ:JJSF)

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.

J&J Snack Foods trades on the NASDAQ stock market under the symbol JJSF.

As of May 20, 2024, JJSF stock price declined to $163.26 with 51,904 million shares trading.

JJSF has a beta of 0.36, meaning it tends to be less sensitive to market movements. JJSF has a correlation of 0.03 to the broad based SPY ETF.

JJSF has a market cap of $3.16 billion. This is considered a Mid Cap stock.

Last quarter J&J Snack Foods reported $360 million in Revenue and $.84 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.22.

In the last 3 years, JJSF stock traded as high as $181.71 and as low as $117.45.

The top ETF exchange traded funds that JJSF belongs to (by Net Assets): IJR, FVD, IWM, VTI, VB.

JJSF stock has underperformed the market in the last year with a return of +5.0%, while SPY returned +29.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JJSF shares. However, JJSF has outperformed the market in the last 3 month and 2 week periods, returning +10.9% and +18.1%, while SPY returned +6.4% and +3.7%, respectively. This indicates JJSF has been having a stronger performance recently.

JJSF support price is $161.85 and resistance is $166.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JJSF stock will trade within this expected range on the day.