Jack in the Box, Inc. (JACK)

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Jack in the Box Given Average Rating of “Buy” By Brokerages (NASDAQ:JACK)
Posted on April 9, 2015 by John Miller
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Shares of Jack in the Box (NASDAQ:JACK) have received a consensus recommendation of “Buy” from the twelve analysts that are currently covering the company, Analyst Ratings Net reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $89.56.

A number of research firms have recently commented on JACK. Analysts at Longbow Research initiated coverage on shares of Jack in the Box in a research note on Thursday. They set a “neutral” rating on the stock.

Analysts at Wunderlich raised their price target on shares of Jack in the Box from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. 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.

Finally, 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.

Jack in the Box (NASDAQ:JACK) opened at 97.325 on Thursday. Jack in the Box has a one year low of $52.410 and a one year high of $99.990. The stock’s 50-day moving average is $96.3 and its 200-day moving average is $81.1. The company has a market cap of $3.71 billion and a P/E ratio of 42.950.

Jack in the Box (NASDAQ:JACK) last released its 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.

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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