Jack in the Box Inc. (NASDAQ:JACK) CEO Leonard A. Comma sold 6,021 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $102.22, for a total value of $615,466.62. Following the sale, the chief executive officer now owns 173,796 shares of the company’s stock, valued at $17,765,427.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Jack in the Box Inc. (JACK) traded up $1.90 during trading on Friday, reaching $104.57. 1,722,592 shares of the company were exchanged, compared to its average volume of 669,037. The stock has a market cap of $3,069.62, a price-to-earnings ratio of 26.88, a price-to-earnings-growth ratio of 1.87 and a beta of 0.51. The company has a debt-to-equity ratio of -2.79, a current ratio of 0.53 and a quick ratio of 0.51. Jack in the Box Inc. has a fifty-two week low of $90.89 and a fifty-two week high of $113.27.

Jack in the Box (NASDAQ:JACK) last released its quarterly earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.16). The firm had revenue of $338.75 million for the quarter, compared to analysts’ expectations of $341.34 million. Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. The firm’s revenue for the quarter was down 15.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.03 earnings per share. equities research analysts anticipate that Jack in the Box Inc. will post 4.49 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, December 4th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, December 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.53%. Jack in the Box’s dividend payout ratio (DPR) is currently 36.36%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of Jack in the Box by 9.0% during the 2nd quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock worth $126,000 after acquiring an additional 105 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Jack in the Box by 61.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock worth $156,000 after acquiring an additional 601 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Jack in the Box by 17.8% during the 2nd quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock worth $185,000 after acquiring an additional 283 shares during the last quarter. Vident Investment Advisory LLC bought a new stake in shares of Jack in the Box during the 3rd quarter worth $203,000. Finally, Diligent Investors LLC bought a new stake in shares of Jack in the Box during the 3rd quarter worth $206,000. Hedge funds and other institutional investors own 99.26% of the company’s stock.

A number of analysts have weighed in on the company. Robert W. Baird reiterated a “buy” rating and set a $115.00 price target on shares of Jack in the Box in a report on Tuesday, September 19th. Wedbush restated a “buy” rating and issued a $115.00 target price on shares of Jack in the Box in a research note on Friday, October 13th. Wells Fargo & Company reduced their target price on Jack in the Box from $120.00 to $117.00 and set an “outperform” rating for the company in a research note on Wednesday, November 15th. Oppenheimer restated an “outperform” rating and issued a $125.00 target price on shares of Jack in the Box in a research note on Thursday, August 10th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating on shares of Jack in the Box in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $112.62.

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Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

Insider Buying and Selling by Quarter for Jack in the Box (NASDAQ:JACK)

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