Jack in the Box, Inc. (JACK)

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Jack in the Box Inc. To Issue $0.20 Quarterly Dividend (JACK)
February 20th, 2015 - by Faye Duncan
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Jack in the Box (NASDAQ:JACK) declared a quarterly dividend on Thursday, February 19th, Analyst Ratings Network reports. Shareholders of record on Friday, March 6th will be paid a dividend of 0.20 per share on Thursday, March 19th. This represents a $0.80 annualized dividend and a yield of 0.83%. The ex-dividend date is Wednesday, March 4th.

JACK has been the subject of a number of recent research reports. Analysts at Telsey Advisory Group raised their price target on shares of Jack in the Box from $101.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday. Analysts at Wunderlich set a $100.00 price target on shares of Jack in the Box and gave the company a “buy” rating in a research note on Wednesday. Analysts at Barclays raised their price target on shares of Jack in the Box from $84.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, analysts at Oppenheimer raised their price target on shares of Jack in the Box from $83.00 to $99.00 and gave the company an “outperform” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Jack in the Box currently has an average rating of “Buy” and a consensus price target of $88.65.

Shares of Jack in the Box (NASDAQ:JACK) opened at 95.87 on Friday. Jack in the Box has a one year low of $52.41 and a one year high of $96.75. The stock has a 50-day moving average of $85.26 and a 200-day moving average of $72.44. The company has a market cap of $3.704 billion and a price-to-earnings ratio of 44.67.

Jack in the Box (NASDAQ:JACK) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.93 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.06. The company had revenue of $468.62 million for the quarter, compared to the consensus estimate of $459.80 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. On average, analysts predict that Jack in the Box will post $2.90 earnings per share for the current fiscal year.

Jack in the Box Inc is a restaurant company. The Company operates in two segments: Jack in the Box and Qdoba. The Company operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Grill restaurants. The Company’s Jack in the Box restaurants offer a selection of products targeted primarily at the adult fast-food consumer.




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