John B. Sanfilippo & Son (NASDAQ:JBSS) Announces Earnings Results

John B. Sanfilippo & Son (NASDAQ:JBSS) issued its earnings results on Wednesday. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.32, Morningstar.com reports. John B. Sanfilippo & Son had a return on equity of 16.93% and a net margin of 4.50%. The firm had revenue of $216.76 million for the quarter.

JBSS opened at $86.19 on Friday. The company has a market cap of $914.68 million, a PE ratio of 23.42 and a beta of 1.06. The stock has a 50-day moving average of $82.57 and a 200-day moving average of $75.92. John B. Sanfilippo & Son has a 52-week low of $53.12 and a 52-week high of $89.88. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.57 and a current ratio of 2.13.

The business also recently declared an annual dividend, which was paid on Tuesday, August 20th. Stockholders of record on Tuesday, August 6th were paid a dividend of $0.60 per share. This represents a dividend yield of 0.74%. The ex-dividend date was Monday, August 5th. This is an increase from John B. Sanfilippo & Son’s previous annual dividend of $0.55.

Separately, BidaskClub upgraded John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research note on Saturday, August 17th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. 6 Meridian boosted its stake in shares of John B. Sanfilippo & Son by 1.4% during the 2nd quarter. 6 Meridian now owns 10,986 shares of the company’s stock worth $875,000 after acquiring an additional 149 shares in the last quarter. Man Group plc boosted its stake in shares of John B. Sanfilippo & Son by 4.5% during the 2nd quarter. Man Group plc now owns 3,572 shares of the company’s stock worth $285,000 after acquiring an additional 154 shares in the last quarter. Comerica Bank boosted its stake in shares of John B. Sanfilippo & Son by 2.6% during the 1st quarter. Comerica Bank now owns 8,664 shares of the company’s stock worth $621,000 after acquiring an additional 221 shares in the last quarter. Texas Permanent School Fund boosted its stake in shares of John B. Sanfilippo & Son by 4.2% during the 1st quarter. Texas Permanent School Fund now owns 5,968 shares of the company’s stock worth $429,000 after acquiring an additional 243 shares in the last quarter. Finally, Voit & Company LLC boosted its stake in shares of John B. Sanfilippo & Son by 3.8% during the 1st quarter. Voit & Company LLC now owns 7,490 shares of the company’s stock worth $538,000 after acquiring an additional 275 shares in the last quarter. Institutional investors own 68.81% of the company’s stock.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, together with its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.

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Earnings History for John B. Sanfilippo & Son (NASDAQ:JBSS)

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