Jack in the Box (JACK) Set to Announce Earnings on Friday
Jack in the Box (NASDAQ:JACK) is scheduled to post its Q114 quarterly earnings results on Friday, February 28th. Analysts expect Jack in the Box to post earnings of $0.66 per share and revenue of $435.43 million for the quarter. Jack in the Box has set its FY14 guidance at $2.20-2.35 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.75 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.09. The company had revenue of $450.08 million for the quarter, compared to the consensus estimate of $435.43 million. On average, analysts expect Jack in the Box to post $2.32 EPS for the current fiscal year and $2.65 EPS for the next fiscal year.
Shares of Jack in the Box (NASDAQ:JACK) opened at 57.64 on Thursday. Jack in the Box has a 1-year low of $31.18 and a 1-year high of $58.88. The stock has a 50-day moving average of $51.75 and a 200-day moving average of $45.14. The company has a market cap of $4.576 billion and a price-to-earnings ratio of 41.55.
A number of research firms have recently commented on JACK. Analysts at Thomson Reuters/Verus upgraded shares of Jack in the Box from a “hold” rating to a “buy” rating in a research note on Monday. On the ratings front, analysts at KeyCorp raised their EPS on shares of Jack in the Box in a research note on Monday. They now have a “buy” rating and a $64.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Jack in the Box from $53.00 to $65.00 in a research note on Friday, February 21st. They now have an “outperform” rating on the stock. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $55.72.
In other Jack in the Box news, Director David Goebel sold 24,000 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $57.82, for a total value of $1,387,680.00. Following the transaction, the director now directly owns 21,118 shares of the company’s stock, valued at approximately $1,221,043. The transaction was disclosed in a document filed with the SEC, which is available at this link.
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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