J&J Snack Foods Corp. (JJSF) Forms $141.11 Double Top; Approach Resources, Inc. (AREX) Covered By 2 Bullish Analysts Last Week

J&J Snack Foods Corp. (JJSF) formed double top with $148.17 target or 5.00% above today’s $141.11 share price. J&J Snack Foods Corp. (JJSF) has $2.64B valuation. The stock decreased 0.49% or $0.69 during the last trading session, reaching $141.11. About 39,119 shares traded. J&J Snack Foods Corp. (NASDAQ:JJSF) has risen 26.93% since March 13, 2017 and is uptrending. It has outperformed by 10.23% the S&P500.

Among 13 analysts covering Approach Resources (NASDAQ:AREX), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Approach Resources had 24 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 5 with “Hold”. Northland Capital maintained Approach Resources, Inc. (NASDAQ:AREX) rating on Friday, August 7. Northland Capital has “Market Perform” rating and $3 target. Wunderlich maintained the shares of AREX in report on Tuesday, May 24 with “Hold” rating. The firm earned “Accumulate” rating on Monday, August 10 by KLR Group. The stock of Approach Resources, Inc. (NASDAQ:AREX) earned “Hold” rating by KeyBanc Capital Markets on Monday, November 13. The rating was upgraded by Wunderlich on Wednesday, October 26 to “Buy”. The firm earned “Sell” rating on Wednesday, June 21 by Seaport Global. Robert W. Baird maintained it with “Hold” rating and $4.0 target in Tuesday, September 26 report. The stock of Approach Resources, Inc. (NASDAQ:AREX) has “Hold” rating given on Wednesday, October 26 by Suntrust Robinson. RBC Capital Markets maintained Approach Resources, Inc. (NASDAQ:AREX) rating on Friday, August 7. RBC Capital Markets has “Outperform” rating and $9 target. See Approach Resources, Inc. (NASDAQ:AREX) latest ratings:

13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
26/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $4.0 Maintain

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.29, from 1.33 in 2017Q2. It is negative, as 11 investors sold J&J Snack Foods Corp. shares while 47 reduced holdings. 16 funds opened positions while 61 raised stakes. 12.17 million shares or 1.47% less from 12.35 million shares in 2017Q2 were reported. Pub Sector Pension Inv Board invested in 9,539 shares or 0.01% of the stock. Sei Invs has 0.01% invested in J&J Snack Foods Corp. (NASDAQ:JJSF). Macquarie Limited, a Australia-based fund reported 714,802 shares. The Massachusetts-based Panagora Asset Mngmt has invested 0.03% in J&J Snack Foods Corp. (NASDAQ:JJSF). Ranger Invest Mngmt Limited Partnership reported 136,615 shares stake. 4,431 are owned by First Mercantile. Louisiana State Employees Retirement stated it has 0.04% in J&J Snack Foods Corp. (NASDAQ:JJSF). Fisher Asset Mngmt Ltd Co reported 43,514 shares. Fmr Limited Company has 156,300 shares. Wellington Grp Inc Limited Liability Partnership invested in 1,728 shares or 0% of the stock. California State Teachers Retirement System reported 24,098 shares. Aqr Capital Mgmt Ltd Liability Com has 0% invested in J&J Snack Foods Corp. (NASDAQ:JJSF) for 3,169 shares. Neuberger Berman Grp Inc Limited Com invested in 0.13% or 766,315 shares. 30,163 are owned by Rk Asset Management Ltd Company. Ajo Limited Partnership reported 6,826 shares.

Since February 16, 2018, it had 0 buys, and 1 insider sale for $731,509 activity. $731,509 worth of J&J Snack Foods Corp. (NASDAQ:JJSF) shares were sold by RADANO ROBERT M.

Analysts await J&J Snack Foods Corp. (NASDAQ:JJSF) to report earnings on April, 23. They expect $1.01 earnings per share, up 18.82% or $0.16 from last year’s $0.85 per share. JJSF’s profit will be $18.87M for 34.93 P/E if the $1.01 EPS becomes a reality. After $0.78 actual earnings per share reported by J&J Snack Foods Corp. for the previous quarter, Wall Street now forecasts 29.49% EPS growth.

Among 5 analysts covering J&J Snack Foods (NASDAQ:JJSF), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. J&J Snack Foods had 12 analyst reports since December 16, 2015 according to SRatingsIntel. On Wednesday, January 4 the stock rating was downgraded by DA Davidson to “Neutral”. The rating was initiated by C.L. King on Tuesday, December 19 with “Buy”. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Monday, August 22. On Friday, October 27 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating by Jefferies given on Thursday, November 16. The rating was maintained by Jefferies on Tuesday, August 1 with “Hold”. The firm has “Hold” rating given on Wednesday, July 27 by Jefferies. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) has “Hold” rating given on Monday, September 25 by Jefferies. Jefferies maintained J&J Snack Foods Corp. (NASDAQ:JJSF) rating on Thursday, June 29. Jefferies has “Hold” rating and $12500 target. The firm has “Hold” rating given on Wednesday, December 16 by Jefferies.

Investors sentiment increased to 1.54 in Q3 2017. Its up 0.37, from 1.17 in 2017Q2. It is positive, as 14 investors sold Approach Resources, Inc. shares while 16 reduced holdings. 14 funds opened positions while 21 raised stakes. 20.88 million shares or 1.85% more from 20.50 million shares in 2017Q2 were reported. Moors Cabot holds 14,500 shares or 0.01% of its portfolio. Jefferies Group Inc Limited Liability Corporation has 77,722 shares. Tower Cap Limited Liability Com (Trc) stated it has 0% in Approach Resources, Inc. (NASDAQ:AREX). New York-based Morgan Stanley has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). 47,638 are held by Rhumbline Advisers. Edge Wealth Mngmt Llc holds 0.04% or 50,000 shares. 28,657 were reported by Credit Suisse Ag. Northern Corp reported 556,759 shares stake. Deutsche Bankshares Ag reported 40,198 shares or 0% of all its holdings. Wells Fargo Mn reported 5,328 shares or 0% of all its holdings. Parametric Associate invested in 52,486 shares or 0% of the stock. Alliancebernstein L P holds 0% or 12,100 shares. 75,080 were accumulated by Westwood Group. Centerbridge Prns Lp has invested 0.09% in Approach Resources, Inc. (NASDAQ:AREX). Citigroup reported 144 shares.

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States. The company has market cap of $237.87 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas. It currently has negative earnings. It also owns interests in east Texas Basin.

Since December 4, 2017, it had 5 buys, and 0 insider sales for $6.53 million activity. Another trade for 550,000 shares valued at $1.43 million was bought by Wilks Brothers – LLC.

The stock increased 2.75% or $0.07 during the last trading session, reaching $2.62. About 409,086 shares traded. Approach Resources, Inc. (NASDAQ:AREX) has risen 23.01% since March 13, 2017 and is uptrending. It has outperformed by 6.31% the S&P500.