Jack in the Box (NASDAQ:JACK) Cut to Neutral at Wedbush

Wedbush downgraded shares of Jack in the Box (NASDAQ:JACK) from an outperform rating to a neutral rating in a research note published on Friday morning, MarketBeat Ratings reports. The firm currently has $40.00 price objective on the restaurant operator’s stock, down from their prior price objective of $50.00. Wedbush also issued estimates for Jack in the Box’s Q1 2025 earnings at $1.64 EPS, FY2025 earnings at $5.13 EPS, Q1 2026 earnings at $1.82 EPS and FY2026 earnings at $5.49 EPS.

Several other research analysts have also commented on JACK. Northcoast Research lowered shares of Jack in the Box from a “buy” rating to a “neutral” rating in a report on Thursday, November 14th. StockNews.com lowered shares of Jack in the Box from a “hold” rating to a “sell” rating in a report on Wednesday, January 15th. Barclays raised their price target on shares of Jack in the Box from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Thursday, November 21st. TD Cowen restated a “hold” rating and issued a $50.00 price target on shares of Jack in the Box in a report on Thursday, November 21st. Finally, Oppenheimer cut their price target on shares of Jack in the Box from $60.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $52.13.

Jack in the Box Price Performance

Shares of JACK stock opened at $38.46 on Friday. The firm has a market cap of $725.36 million, a P/E ratio of -19.72, a PEG ratio of 1.29 and a beta of 1.94. Jack in the Box has a 1-year low of $36.36 and a 1-year high of $76.56. The firm’s 50-day simple moving average is $39.90 and its 200-day simple moving average is $44.85.

Insider Transactions at Jack in the Box

In related news, SVP Sarah L. Super sold 1,688 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $40.52, for a total transaction of $68,397.76. Following the transaction, the senior vice president now directly owns 16,815 shares in the company, valued at $681,343.80. This trade represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 2,190 shares of company stock valued at $92,961. 1.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Jack in the Box

Large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its stake in Jack in the Box by 96.7% during the fourth quarter. Quadrant Capital Group LLC now owns 899 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 442 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Jack in the Box during the fourth quarter worth $40,000. DekaBank Deutsche Girozentrale bought a new position in Jack in the Box during the third quarter worth $41,000. GAMMA Investing LLC lifted its stake in Jack in the Box by 229.7% during the fourth quarter. GAMMA Investing LLC now owns 1,055 shares of the restaurant operator’s stock worth $44,000 after purchasing an additional 735 shares during the last quarter. Finally, KBC Group NV lifted its stake in Jack in the Box by 99.5% during the fourth quarter. KBC Group NV now owns 1,235 shares of the restaurant operator’s stock worth $51,000 after purchasing an additional 616 shares during the last quarter. 99.79% of the stock is currently owned by institutional investors.

Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.