John B. Sanfilippo & Son (NASDAQ:JBSS – Get Free Report) released its earnings results on Wednesday. The company reported $1.11 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.42), FiscalAI reports. The firm had revenue of $288.14 million for the quarter, compared to analysts’ expectations of $306.92 million. John B. Sanfilippo & Son had a return on equity of 16.51% and a net margin of 5.27%.
John B. Sanfilippo & Son Stock Performance
Shares of John B. Sanfilippo & Son stock traded down $7.82 during trading hours on Thursday, reaching $58.52. The company’s stock had a trading volume of 98,652 shares, compared to its average volume of 106,916. John B. Sanfilippo & Son has a one year low of $58.46 and a one year high of $92.08. The company’s 50 day simple moving average is $69.50 and its 200 day simple moving average is $77.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 2.08. The stock has a market cap of $684.10 million, a P/E ratio of 11.18 and a beta of 0.32.
Wall Street Analysts Forecast Growth
JBSS has been the subject of several analyst reports. BWS Financial reissued a “buy” rating and set a $109.00 price target on shares of John B. Sanfilippo & Son in a report on Wednesday, September 30th. Wall Street Zen lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research downgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Weiss Ratings restated a “hold (c)” rating on shares of John B. Sanfilippo & Son in a report on Tuesday, September 8th. Finally, Freedom Capital upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.00.
Read Our Latest Report on JBSS
About John B. Sanfilippo & Son
John B. Sanfilippo & Son, Inc is a food company that processes, packages and distributes nuts and related snack products. Its product portfolio includes peanuts, tree nuts, seeds, snack mixes, nut butters and other snack foods sold through grocery, mass merchandise, club, convenience and foodservice channels.
The company markets products under brands including Fisher, Orchard Valley Harvest and Sunshine Country, while also producing private-label products for retailers and other customers.
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