John B. Sanfilippo & Son (NASDAQ:JBSS) Reaches New 12-Month Low – Should You Sell?

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $84.90 and last traded at $84.90, with a volume of 13006 shares changing hands. The stock had previously closed at $92.16.

John B. Sanfilippo & Son Trading Down 13.2 %

The firm’s 50-day simple moving average is $93.90 and its 200 day simple moving average is $97.41. The stock has a market cap of $928.12 million, a P/E ratio of 15.12 and a beta of 0.10. The company has a current ratio of 2.34, a quick ratio of 0.77 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $269.57 million during the quarter. John B. Sanfilippo & Son had a return on equity of 19.45% and a net margin of 5.65%.

Hedge Funds Weigh In On John B. Sanfilippo & Son

A number of institutional investors and hedge funds have recently bought and sold shares of JBSS. Nisa Investment Advisors LLC raised its position in shares of John B. Sanfilippo & Son by 13.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,407 shares of the company’s stock worth $604,000 after buying an additional 743 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of John B. Sanfilippo & Son during the third quarter valued at approximately $33,000. Copeland Capital Management LLC bought a new stake in John B. Sanfilippo & Son during the third quarter worth approximately $39,000. nVerses Capital LLC lifted its position in John B. Sanfilippo & Son by 133.3% in the third quarter. nVerses Capital LLC now owns 700 shares of the company’s stock worth $66,000 after purchasing an additional 400 shares during the period. Finally, Hunter Perkins Capital Management LLC boosted its stake in John B. Sanfilippo & Son by 8.2% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock valued at $7,901,000 after purchasing an additional 6,331 shares in the last quarter. Institutional investors own 70.64% of the company’s stock.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, through 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.