John B. Sanfilippo & Son (NASDAQ:JBSS) Releases Quarterly Earnings Results, Misses Estimates By $0.42 EPS

John B. Sanfilippo & Son (NASDAQ:JBSS) posted its quarterly earnings data on Wednesday. The company reported $1.11 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.42), FiscalAI reports. John B. Sanfilippo & Son had a return on equity of 14.87% and a net margin of 4.84%. The firm had revenue of $288.14 million for the quarter, compared to analysts’ expectations of $306.92 million.

John B. Sanfilippo & Son Trading Down 1.1%

John B. Sanfilippo & Son stock traded down $0.64 during mid-day trading on Friday, hitting $55.83. 197,782 shares of the company’s stock were exchanged, compared to its average volume of 108,090. The firm has a market capitalization of $652.70 million, a P/E ratio of 11.62 and a beta of 0.32. The company has a quick ratio of 0.62, a current ratio of 2.08 and a debt-to-equity ratio of 0.11. John B. Sanfilippo & Son has a fifty-two week low of $54.80 and a fifty-two week high of $92.08. The company’s 50 day simple moving average is $69.00 and its 200-day simple moving average is $77.09.

Wall Street Analyst Weigh In

Several research firms recently commented on JBSS. Freedom Capital upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Wall Street Zen cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of John B. Sanfilippo & Son in a report on Tuesday, September 8th. BWS Financial reaffirmed a “buy” rating and set a $109.00 price target on shares of John B. Sanfilippo & Son in a report on Wednesday, September 30th. Finally, Zacks Research downgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, John B. Sanfilippo & Son currently has an average rating of “Moderate Buy” and a consensus target price of $100.00.

John B. Sanfilippo & Son Company Profile

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.