Jack in the Box (JACK) to Release Earnings on Tuesday

Jack in the Box (NASDAQ:JACK) is expected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Jack in the Box to post earnings of $1.71 per share and revenue of $470.47 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Jack in the Box Price Performance

Shares of NASDAQ:JACK opened at $38.46 on Friday. Jack in the Box has a one year low of $36.36 and a one year high of $76.56. The company has a 50 day moving average of $39.90 and a 200-day moving average of $44.90. The stock has a market cap of $725.36 million, a price-to-earnings ratio of -19.72, a P/E/G ratio of 1.29 and a beta of 1.94.

Insiders Place Their Bets

In other Jack in the Box news, SVP Sarah L. Super sold 1,688 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $40.52, for a total value 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. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 2,190 shares of company stock valued at $92,961. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JACK. TD Cowen reiterated a “hold” rating and set a $50.00 price target on shares of Jack in the Box in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Jack in the Box from $51.00 to $46.00 and set a “hold” rating for the company in a report on Thursday, November 21st. Truist Financial decreased their price objective on shares of Jack in the Box from $70.00 to $57.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Piper Sandler decreased their price objective on shares of Jack in the Box from $56.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Finally, Barclays lifted 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 research note on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $52.13.

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.