Jack in the Box, Inc. (JACK)

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Jack in the Box PT Raised to $64.00 at Buckingham Research (JACK)
August 9th, 2014 - by Mark Dietrich

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Equities research analysts at Buckingham Research lifted their price target on shares of Jack in the Box (NASDAQ:JACK) from $61.00 to $64.00 in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Buckingham Research’s target price indicates a potential upside of 4.51% from the stock’s previous close.

Jack in the Box (NASDAQ:JACK) opened at 61.24 on Thursday. Jack in the Box has a one year low of $38.53 and a one year high of $62.90. The stock has a 50-day moving average of $58.57 and a 200-day moving average of $56.93. The company has a market cap of $2.390 billion and a P/E ratio of 27.58.

Jack in the Box (NASDAQ:JACK) last released its earnings data on Wednesday, August 6th. The company reported $0.64 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.57 by $0.07. The company had revenue of $348.50 million for the quarter, compared to the consensus estimate of $343.30 million. During the same quarter last year, the company posted $0.41 earnings per share. Jack in the Box’s revenue was down .5% compared to the same quarter last year. Analysts expect that Jack in the Box will post $2.39 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, August 14th.

Jack in the Box Inc is a restaurant company. The Company operates in two segments: Jack in the Box and Qdoba.




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