J & J Snack Foods (JJSF)
NASDAQ:JJSF
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J & J Snack Foods
(NASDAQ:JJSF)
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Rating:64Neutral
Price Target:
$80.00
▼(-15.67% Downside)
Action:ReiteratedDate:02/20/26
The score is driven primarily by stable fundamentals (low leverage and solid cash generation) and a constructive earnings outlook tied to Project Apollo margin improvements, partially offset by near-term revenue softness and compressed profitability. Technicals are the largest drag, with the stock trading below major moving averages and negative MACD. Valuation is neutral-to-slightly expensive on P/E, helped by a solid dividend yield.
Positive Factors
Strong balance-sheet flexibility
Low leverage and ample liquidity give the company durable optionality to fund transformation, absorb shocks, and return capital. With no long-term debt, meaningful revolver capacity and cash on hand, management can support Project Apollo, buybacks, or capex without stressing solvency.
Negative Factors
Near-term revenue headwind
Deliberate SKU rationalization and portfolio pruning are reducing top-line in the near term, creating a multi-quarter sales drag. While intended to improve mix and margins, the ~3% structural headwind and recent 5.2% sales drop lengthen the timeline to restore revenue-driven growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance-sheet flexibility
Low leverage and ample liquidity give the company durable optionality to fund transformation, absorb shocks, and return capital. With no long-term debt, meaningful revolver capacity and cash on hand, management can support Project Apollo, buybacks, or capex without stressing solvency.
Read all positive factors
J & J Snack Foods (JJSF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.53B
Dividend Yield3.53%
Average Volume (3M)262.95K
Price to Earnings (P/E)491.4
Beta (1Y)0.22
Revenue Growth0.54%
EPS Growth-24.42%
CountryUS
Employees5,000
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.33
Shares Outstanding19,011,904
10 Day Avg. Volume247,529
30 Day Avg. Volume262,948
Financial Highlights & Ratios
PEG Ratio-1.16
Price to Book (P/B)1.93
Price to Sales (P/S)1.18
P/FCF Ratio22.63
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue1.04
Enterprise Value/Gross Profit3.44
Enterprise Value/Ebitda10.37
Forecast
1Y Price Target
$110.00Price Target Upside15.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)4.36
Revenue Forecast (FY)$1.57B
J & J Snack Foods Business Overview & Revenue Model
Company Description
J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail ...
How the Company Makes Money
J & J Snack Foods makes money primarily by selling manufactured snack foods and frozen beverage products to business customers across three major channels: (1) Foodservice (e.g., amusement parks, stadiums/arenas, restaurants, schools, and other in...
J & J Snack Foods Key Performance Indicators (KPIs)
J & J Snack Foods Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:May 04, 2026
Earnings Call Sentiment Positive
The call presents a positive transformation narrative: profitability measures (adjusted EBITDA and gross margin) improved, early Project Apollo savings were realized and a $20M run-rate target was reiterated, and key product lines (pretzels, Dogsters, Dippin' Dots) showed strong growth. However, these positives are tempered by a 5.2% decline in net sales driven by deliberate SKU rationalization (an expected ~3% headwind), notable one-time charges that compressed reported EPS, and near-term nonrecurring costs. The balance sheet and cash generation are solid, and management signaled confidence in returning to organic growth as consolidation and initiatives fully ramp.Positive Updates
Adjusted EBITDA Growth
Adjusted EBITDA of $27.0M, a 7% increase versus prior year (from $25.3M), demonstrating early profitability improvements from transformation initiatives.
Negative Updates
Overall Net Sales Decline
Consolidated net sales declined 5.2% year-over-year to $343.8M, driven largely by deliberate portfolio optimization and SKU rationalization.
Read all updates
Q1-2026 Updates
Positive
Negative
Adjusted EBITDA Growth
Adjusted EBITDA of $27.0M, a 7% increase versus prior year (from $25.3M), demonstrating early profitability improvements from transformation initiatives.
Read all positive updates
Company Guidance
Management reiterated that Project Apollo is expected to deliver a $20 million annual run‑rate improvement in operating income once fully activated, noting over $3 million of net savings realized in Q1 and that roughly $15 million of the $20 million (plant consolidation) should be in run‑rate beginning in fiscal Q2 while the remaining ~$5 million (distribution and G&A) will ramp in Q3 and reach full run‑rate by Q4; they expect portfolio optimization to be an approximate 3% sales headwind in fiscal 2026 but still target low‑single‑digit organic sales growth for the year. Other forward items include an expectation that some tariff pressure will subside over FY26, approximately $5 million of additional nonrecurring transformation costs this year, a new $50 million share‑repurchase authorization (after $42 million bought in Q1 and ~$50 million total repurchased across FY25–26), and continued balance‑sheet flexibility with about $67 million of cash, no long‑term debt and $210 million of revolver capacity — with Q1 operating context of adjusted EBITDA $27 million and gross margin up 200 bps to 27.9%.J & J Snack Foods Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.56B | 1.58B | 1.57B | 1.56B | 1.38B | 1.14B |
| Gross Profit | 470.59M | 469.88M | 486.13M | 469.87M | 369.64M | 298.93M |
| EBITDA | 156.22M | 161.25M | 191.37M | 174.34M | 115.90M | 123.42M |
| Net Income | 61.34M | 65.59M | 86.55M | 78.91M | 47.23M | 55.61M |
Balance Sheet | ||||||
| Total Assets | 1.31B | 1.38B | 1.37B | 1.28B | 1.24B | 1.15B |
| Cash, Cash Equivalents and Short-Term Investments | 66.76M | 105.89M | 73.39M | 49.58M | 39.19M | 291.17M |
| Total Debt | 161.37M | 163.56M | 160.50M | 121.91M | 111.56M | 60.53M |
| Total Liabilities | 400.42M | 414.81M | 408.13M | 365.72M | 381.25M | 306.45M |
| Stockholders Equity | 912.86M | 966.70M | 956.97M | 911.52M | 863.17M | 845.65M |
Cash Flow | ||||||
| Free Cash Flow | 83.12M | 82.25M | 99.50M | 67.54M | -61.23M | 47.92M |
| Operating Cash Flow | 165.93M | 165.13M | 173.07M | 172.28M | 26.06M | 101.50M |
| Investing Cash Flow | -69.26M | -70.05M | -77.67M | -93.24M | -296.17M | 9.94M |
| Financing Cash Flow | -109.21M | -64.71M | -68.37M | -66.84M | 22.22M | -24.67M |
J & J Snack Foods Technical Analysis
Neutral
94.87
Price Trends
83.11
Negative
86.72
Negative
94.79
Negative
Market Momentum
-0.92
Negative
53.70
Neutral
77.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JJSF, the sentiment is Neutral. The current price of 94.87 is above the 20-day moving average (MA) of 79.06, above the 50-day MA of 83.11, and above the 200-day MA of 94.79, indicating a neutral trend. The MACD of -0.92 indicates Negative momentum. The RSI at 53.70 is Neutral, neither overbought nor oversold. The STOCH value of 77.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JJSF.
J & J Snack Foods Risk Analysis
J & J Snack Foods disclosed 24 risk factors in its most recent earnings report. J & J Snack Foods reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
J & J Snack Foods Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $1.53B | 491.43 | 6.48% | 3.53% | 0.54% | -24.42% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | $1.33B | 19.23 | 5.04% | ― | 8.98% | -26.29% | |
62 Neutral | $1.40B | 11.70 | 5.35% | 5.40% | 1.44% | 8.29% | |
52 Neutral | $1.71B | 27.30 | 6.02% | 9.15% | 0.26% | -19.45% | |
48 Neutral | $1.09B | -91.27 | 0.11% | 2.51% | 1.22% | ― |
* Consumer Defensive Sector Average
JJSF
J & J Snack Foods
80.23
-48.76
-37.80%
FLO
Flowers Foods
8.08
-8.79
-52.11%
SMPL
Simply Good Foods
14.41
-21.82
-60.23%
NOMD
Nomad Foods
9.84
-8.42
-46.12%
UTZ
UTZ Brands
7.58
-5.05
-39.98%
J & J Snack Foods Corporate Events
Executive/Board ChangesShareholder Meetings
J & J Snack Foods Shareholders Back Governance and Board
Positive
Feb 18, 2026
J J Snack Foods held its annual meeting of shareholders on February 12, 2026, with 18,255,967 common shares represented in person or by proxy. Shareholders elected Mary M. Meder as director, with a substantial majority of votes cast in favor desp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.