Jack in the Box, Inc. (JACK)

[TRUISM]

Jack in the Box Now Covered By Analysts At Guggenheim (JACK)
April 16th, 2015
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Guggenheim initiated coverage on shares of Jack in the Box (NASDAQ:JACK) in a research report released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued a neutral rating on the stock.

Guggenheim has also updated their ratings on a number of other consumer discretionary stocks in the last week. The firm initiated coverage on shares of McDonald's Co.. They issued a buy rating on that stock and set a $108.00 price target. Also, Guggenheim initiated coverage on shares of Chipotle Mexican Grill, Inc.. They issued a buy rating on that stock and set a $780.00 price target. Finally, Guggenheim initiated coverage on shares of Darden Restaurants, Inc.. They issued a neutral rating on that stock.

A number of other firms have also recently commented on JACK. Analysts at Longbow Research initiated coverage on shares of Jack in the Box in a research note on Thursday, April 9th. 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. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Jack in the Box currently has a consensus rating of Buy and an average price target of $89.56.

Jack in the Box (NASDAQ:JACK) traded up 0.69% on Wednesday, hitting $93.66. The stock had a trading volume of 62,500 shares. Jack in the Box has a 52 week low of $52.41 and a 52 week high of $99.99. The stock has a 50-day moving average of $96. and a 200-day moving average of $82.. The company has a market cap of $3.57 billion and a P/E ratio of 41.33.

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. Analysts expect that Jack in the Box will post $2.96 EPS 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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