Jamba, Inc. (NASDAQ:JMBA) – Equities researchers at Wedbush issued their FY2016 earnings estimates for Jamba in a research report issued on Tuesday. Wedbush analyst C. Radke expects that the brokerage will post earnings of $0.13 per share for the year. Wedbush has a “Neutral” rating on the stock. Wedbush also issued estimates for Jamba’s Q4 2016 earnings at ($0.04) EPS, Q1 2017 earnings at $0.03 EPS, Q2 2017 earnings at $0.19 EPS, Q3 2017 earnings at $0.20 EPS, Q4 2017 earnings at $0.13 EPS and FY2017 earnings at $0.55 EPS.

Jamba (NASDAQ:JMBA) last announced its quarterly earnings results on Friday, November 4th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by $0.03. The company earned $22.10 million during the quarter, compared to the consensus estimate of $21.94 million. Jamba had a negative net margin of 18.96% and a negative return on equity of 16.50%. The business’s revenue was down 37.7% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share.

Earnings History and Estimates for Jamba (NASDAQ:JMBA)

A number of other research analysts have also recently commented on JMBA. Royal Bank Of Canada restated an “outperform” rating and issued a $16.00 price target (up previously from $15.00) on shares of Jamba in a research report on Friday, August 5th. Zacks Investment Research lowered Jamba from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 9th. Finally, TheStreet lowered Jamba from a “hold” rating to a “sell” rating in a research note on Friday, August 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $16.00.

Shares of Jamba (NASDAQ:JMBA) opened at 10.29 on Thursday. Jamba has a 52 week low of $9.25 and a 52 week high of $14.22. The company’s market capitalization is $157.74 million. The stock has a 50 day moving average price of $10.39 and a 200-day moving average price of $10.74.

Hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP raised its stake in shares of Jamba by 32.2% in the first quarter. Wellington Management Group LLP now owns 1,805,870 shares of the company’s stock worth $22,321,000 after buying an additional 440,025 shares during the last quarter. Pax World Management LLC raised its position in Jamba by 20.0% in the second quarter. Pax World Management LLC now owns 579,307 shares of the company’s stock worth $5,961,000 after buying an additional 96,380 shares in the last quarter. Emerald Acquisition Ltd. bought a new position in Jamba during the second quarter worth approximately $1,429,000. Bank of New York Mellon Corp raised its position in Jamba by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 141,944 shares of the company’s stock worth $1,460,000 after buying an additional 996 shares in the last quarter. Finally, Barclays PLC bought a new position in Jamba during the first quarter worth approximately $327,000. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO David Pace purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were purchased at an average cost of $9.96 per share, with a total value of $99,600.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Rachel Phillips-Luther purchased 2,970 shares of the business’s stock in a transaction dated Friday, November 18th. The shares were purchased at an average cost of $10.10 per share, for a total transaction of $29,997.00. The disclosure for this purchase can be found here. 15.85% of the stock is owned by corporate insiders.

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Jamba Company Profile

Jamba, Inc is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks.

5 Day Chart for NASDAQ:JMBA

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