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Jack in the Box (NASDAQ:JACK) CFO Jerry P. Rebel unloaded 33,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $60.12, for a total transaction of $1,983,960.00. Following the sale, the chief financial officer now directly owns 89,431 shares of the company’s stock, valued at approximately $5,376,592. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of research firms have recently commented on JACK. Analysts at Zacks downgraded shares of Jack in the Box from an “outperform” rating to a “neutral” rating in a research note on Friday, May 16th. They now have a $63.70 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Jack in the Box from $54.00 to $62.00 in a research note on Tuesday, April 15th. They now have an “equal weight” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of Jack in the Box from $60.00 to $70.00 in a research note on Wednesday, April 2nd. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $59.34.

Shares of Jack in the Box (NASDAQ:JACK) traded down 0.72% on Tuesday, hitting $60.35. The stock had a trading volume of 475,044 shares. Jack in the Box has a one year low of $37.75 and a one year high of $62.90. The stock has a 50-day moving average of $57.51 and a 200-day moving average of $54.8. The company has a market cap of $2.416 billion and a price-to-earnings ratio of 41.24.

Jack in the Box (NASDAQ:JACK) last announced its earnings results on Wednesday, May 14th. The company reported $0.51 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.52 by $0.01. The company had revenue of $340.90 million for the quarter, compared to the consensus estimate of $338.31 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Analysts expect that Jack in the Box will post $2.36 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.

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