Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
Investing.com - Benchmark maintained its Buy rating on J&J Snack Foods (NASDAQ:JJSF) with a price target of $150.00, according to a research note released Monday.
The firm’s decision came after Benchmark analysts met with J&J Snack Foods’ senior management team at the 4th Annual Benchmark StoneX Consumer Conference in New York City last week.
Benchmark expressed increased optimism about the company’s fiscal year 2026 revenue and margin outlook following these discussions.
The research firm acknowledged it had not been conservative enough in its fourth-quarter fiscal 2025 modeling, noting it "did not put enough weight on management’s commentary about a difficult F4Q outlook" provided during the company’s third-quarter 2025 earnings call.
Benchmark slightly increased its fiscal year 2026 estimates for J&J Snack Foods while maintaining both its Buy rating and $150 price target on the stock.
In other recent news, J & J Snack Foods reported impressive third-quarter earnings for 2025, with earnings per share reaching $2.00, surpassing analysts’ estimates of $1.84. The company’s revenue also exceeded expectations, totaling $454.3 million compared to the anticipated $441.2 million. These results indicate strong financial performance and have garnered attention from investors. Additionally, J & J Snack Foods announced a 3% increase in its quarterly dividend, raising it to $0.80 per share from the previous $0.78. The dividend is set to be payable on October 7, 2025, to shareholders of record as of September 16, 2025. These developments reflect the company’s commitment to delivering value to its shareholders.
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