Jack in the Box, Inc. (JACK)

[TRUISM]

Jack In The Box Given Average Recommendation Of “Buy” By Brokerages (NASDAQ:JACK)
March 10th, 2015 -- by Robbie Landis
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Jack in the Box (NASDAQ:JACK) has been given an average rating of “Buy” by the eleven brokerages that are covering the company, Analyst Ratings News reports. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $88.65.

A number of research firms have recently commented on JACK. 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, February 19th.

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, February 18th. 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, February 18th.

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, February 18th.

In other Jack in the Box news, CMO Keith M. Guilbault sold 1,924 shares of Jack in the Box stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $98.38, for a total value of $189,283.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Jack in the Box (NASDAQ:JACK) traded down 1.47% during mid-day trading on Wednesday, hitting $95.28. The stock had a trading volume of 150,518 shares. Jack in the Box has a 52-week low of $52.41 and a 52-week high of $98.76. The stock has a 50-day moving average of $90.33 and a 200-day moving average of $75.92. The company has a market cap of $3.627 billion and a price-to-earnings ratio of 42.67.

Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Analysts expect that Jack in the Box will post $2.95 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, March 4th.

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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